Answered: The term ‘Operating Profit’ means…

Business

Accounting

The term ‘Operating Profit’ means profit before _____ a. Interest b. Tax c. Interest and tax d. Interest or tax

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 20MC: Which of the following is a measurement of earnings that represents the profit before interest,...

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Question

The term ‘Operating Profit’ means profit before _____

Interest

Tax

Interest and tax

Interest or tax

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