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    EBIT for a Levered Firm

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    For a levered firm, EBIT is equivalent to:
    1. net income
    2. proforma earnings
    3. operating profit
    4. net income before taxes

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    4. net income before taxes

    Net income - in a levered firm, ...

    Solution Summary

    This solution provides the correct answer with explanation to the EBIT multiple choice question listed.