What is the full form of EBIT? |
Earning Before Income Tax Earning Before Interest and Tax Expense Before Income and Tax Expenses Before Interest and Tax |
Earning Before Interest and Tax |
The correct answer is Option (2) → Earning Before Interest and Tax EBIT stands for Earnings Before Interest and Tax, which represents a company’s profit before deducting interest expenses and income taxes. It measures the firm’s operating performance and is also known as operating profit. |