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Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipBusiness Arithmetic1 Mark
Question
EBITDA's utility lies in normalising the extraneous factors. What does it stand for?
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Answer

The acronym EBITDA stands for Earnings Before Interest, Tax, Depreciation and Amortisation.

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