What is difference between OPERATING PROFIT & EBIT
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Operating profit & EBIT
Replies (4)
answer please
Hi,
EBIT=revenue-operating expenses
Operating income=gross income-operating expenses-depreciation
It would great if all financial formulas were standardized, but they're not.
cheers
In financial mgt both have the same meaning as we dont anticipate non operating items ...but as per accounts view, we have to adjust nonpoerating items too for getting ebit.
any other answer
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