EBIT (earnings before interest and taxes) is derived from: a. EBITDA-Depreciation b. Sales-Gross Margin c. Gross Margin-General Expenses-Employee Expenses
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EBIT (earnings before interest and taxes) is derived from:
a. EBITDA-
b. Sales-Gross Margin
c. Gross Margin-General Expenses-Employee Expenses
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- What can accurately be said about projecting operating expenses (OPEX)? Select an answer: there are fewer surprises in OPEX than in other P&L elements you have less control over OPEX than other P&L elements OPEX are more difficult to project than gross margin projections OPEX are more difficult to project than revenue expenses12:43 A * 4/5- 14. A statement prepared to provide information on the financial performance, financia I position and the cash flows of a business entity is known as? L 15. State all the elements of financial statements. 16. The proceeds of money received from the owner as result of an additional investmen t into an existing business is tem as expenditure 17. --- is the expenditure incurred to acquire, manufacture, or impro ve assets for the purpose of eaming income over time in an organisation. 18. List down the two types of receipts 19. state the two types of expenditures 20. they are properties acquired to be used in a business organis ation for a period more than one year. 21. According to IAS, 16- is defined as the systematic alloca tion of the depreciable amount of an asset over its useful life. 22. According to your lecture slides, state the causes of depreciationMoney taken out of a sole proprietorship by an owner is: Choose the correct answer 1. subject to income tax, Employment Insurance and Canada Pension Plan 2. deductions when taken out. 3. considered an expense 4. taken as a draw against anticipated profits 5. all of the above
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