1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andriy [413]
3 years ago
6

Which of the following statements regarding EBITDA is correct: Select one: a. A defined term in GAAP b. None of the listed answe

rs c. A proxy for net income d. A proxy for operating income e. All of the listed answers
Business
1 answer:
andrezito [222]3 years ago
4 0

Answer:

b. None of the listed answers

Explanation:

EBITDA means earnings before interest , tax, depreciation and amortization, whereas operating is the gross profit minus all operating costs, since depreciation and amortization, which are operating costs would have been deducted in arriving at EBITDA, it means operating income and EBITDA are not the same.

Net income is gross profIt minus interest,tax ,depreciation and amortization, hence, it is a far cry from EBITDA.

Note also EBITDA is not recognized by generally accepted accounting principles (GAAP) as a performance measure

You might be interested in
Garcia manufacturing's april sales forecast projects that 5,000 units will sell at a price of $10.50 per unit. the desired endin
shtirl [24]
Budgeted Purchases = Sales units + Closing inventory - Beginning Inventory
                                   = 5,000 + (1,000 * 130%) - 1,000
                                   = 5,300 units
6 0
3 years ago
A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took
Citrus2011 [14]

Answer:

Reduction in work in progress = $7500

Explanation:

given data

time = 10 hours

time = 15 hours

worth  = $1,500

to find out

reduction in work in process value

solution

we find work in progress   by this formula

work in progress  = Flow rate  × Cycle Time     .......................1

so Initial work in progress is

Initial work in progress   = (1 per hour)  × 10 hours = 10

and Final work in progress is here

Final work in progress   = (1 per hour) × 15 hours = 15

so

Initial work in progress   value = 10  × 1500

Initial work in progress   value= $15000

and

Final work in progress    value =15  × 1500

Final work in progress    value = $22500

so

Reduction in work in progress = $22500 - $15000

Reduction in work in progress = $7500

4 0
3 years ago
Which measure of central tendency would a baseball manager be most likely to rely on in picking a pinch hitter in a tie game
Helen [10]

Answer:

mean

Explanation:

5 0
2 years ago
Diverse regulatory practices _____ the integration process of a global information system (gis). facilitate speed up impede empo
mylen [45]

The answer in the space provided is impede because they need to prevent the integration process of global information system in which impeding is the process or practice that helps them to engage with the process that involves of the GIS. 

3 0
3 years ago
Distributive, procedural, and interactional are
Jet001 [13]

Answer:

Organizational justice

Explanation:

Organizational justice concerns employees' understanding of fairness, results, and processes within a company. Distributive, procedural, and interactional are the three types of organizational justice that companies must embrace in order to have happy and productive employees.

4 0
2 years ago
Other questions:
  • Suppose a price-taking firm produces 400 units at its optimal output level. At that output rate, marginal cost is $200, average
    13·1 answer
  • The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical
    8·2 answers
  • CompX Inc. is an online retailer of electronic products including laptops and tablets. The company is known for its unique appro
    14·1 answer
  • A share of stock in the Bree Medical Supply Company is quoted at 351/4. Suppose you hold 20 shares of that stock, which you boug
    6·1 answer
  • On January 1, 2014, the merchandise inventory of Glaus, Inc. was $1,200,000. During 2014 Glaus purchased $2,400,000 of merchandi
    9·1 answer
  • What’s the purpose of balancing or monitoring your checking account?
    15·2 answers
  • PLEASE HELP ME!!!!!!!! Shannon spent time removing the background of an image in her PowerPoint presentation. She then saved the
    8·1 answer
  • Having decided what secondary sources you will use, you now need to decide whether you elect to use any primary sources for obta
    15·1 answer
  • How might the telemarketer’s job be redesigned so that employees are more satisfied and challenged by their work? Is telemarketi
    7·1 answer
  • Yosevin began his memo with background information and explanations before announcing a reduction in health insurance coverage.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!