Question

Any value disclosed above operating income in the income statement would be:_____.A) After-Tax.B) Pre-Tax.C) Per-share.D) None of the above.

Answer 1

Answer:

B) Pre-Tax

Explanation:

The income statement refers to the statement in which the all expenses are deducted from the revenue so that the operating income could come i.e. EBIT

For the value that disclosed above the operating income would  be pre tax as after the EBIT, the income tax expense, the interest expense should be deducted to find out the Profit after tax

So in this situation, the option B is correct