In 2020, a company's net revenue was $100. The costs and depreciation were $60 and $10 respectively. What was the company's EBIT in 2020? $20 $50 $30 $40
In 2020, a company's net revenue was $100. The costs and depreciation were $60 and $10 respectively. What was the company's EBIT in 2020? $20 $50 $30 $40
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:In 2020, a company's net revenue was $100. The costs and depreciation were
$60 and $10 respectively. What was the company's EBIT in 2020?
$20
$50
$30
$40
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