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    • Question

      The term "profit after accounting for depreciation" is

      commonly and specifically referred to as:
      A Gross Profit Correct Answer Incorrect Answer
      B Economic Profit Correct Answer Incorrect Answer
      C Economic Profit Correct Answer Incorrect Answer
      D Operating Profit Correct Answer Incorrect Answer
      E Adjusted Profit Correct Answer Incorrect Answer

      Solution

      Operating profit is net income after deducting depreciation. It is commonly written as EBIT (earnings before Interest and tax).

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