Question: 11. How is the EBIT calculated? (Please explain each correct and Incorrect Answer?) 1- Revenue minus COGS minus Operating expenses plus D&A 2- Revenue minus

11. How is the EBIT calculated? (Please explain each correct and Incorrect Answer?)

1- Revenue minus COGS minus Operating expenses plus D&A

2- Revenue minus COGS

3- Revenue minus COGS minus Operating expenses minus net interest expenses minus taxes

4- Revenue minus COGS minus Operating expenses

5- Net income plus taxes plus net interest expenses plus D&A

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