Answer Middle Part with option from Below.

x Identify the if each of the following best describes EBIT, EBITDA, EBT, or net income. (1) Operating income [a] Taxable income [b] Best estimate of cash flows [c] The normal" bottom line [d] For this class, the most important number on an income statement [e] Selected Answer: Identify the if each of the following best describes EBIT, EBITDA, EBT, or net income. (1) Operating income EBIT Taxable income EBIT Best estimate of cash flows EBT The "normal" bottom line Net Income For this class, the most important number on an income statement EBITDA Answers: EBT EBIT EBITDA Net Income