ALL UNIVERSITIES AND SERVICE COMMISSIONS PAST PAPERS IN PAKISTAN: Re: ::: vuaskari.com ::: Differnce between EBIT(operating income) & Net income

Sunday, June 5, 2011

operating income is total income from specific business after
deducting all expenses except interest and tax

EBT = earning before tax

EBIT = earning before interest (paid or recieved) and tax

Net Income = income remaining after deducting tax

On 6/5/11, уαѕнмιяα! <yashmiraa@gmail.com> wrote:
> Subject: Net and operating income
> Respected sir, Please tell me from the following particulars which
> item is used as net income and which is used as operating income. 1)
> (Loss)/ profit before taxation. 2) (loss)/ profit after taxation.
> Thank you.
> Post Your Comments
> Other Students' Comments: 0
> Instructor's Reply:
>
> Dear Student,
>
>
>
> EBIT = operating income = Mark-up/Return/Interest expensed + Profit
> before taxation.
>
> Generally, Net income = net income after tax
>
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ALL UNIVERSITIES AND SERVICE COMMISSIONS PAST PAPERS IN PAKISTAN