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Which of the following statements are true? Select all that apply. EBIT equals EBIAT if there is no interest expense. EBIAT eliminates the impact of
Which of the following statements are true? Select all that apply. EBIT equals EBIAT if there is no interest expense. EBIAT eliminates the impact of interest and taxes from the net income. EBIAT re-applies the tax rate to a pretax amount that excludes the cost of interest. The term "free cash flow" means that no outside entity has any claim on these funds.
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian Edition volume 2
013269008X, 978-0133122855, 133122859, 978-0132690089
