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Earnings Before Tax |
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Earnings Before Tax A measure of a company's ability to produce income on its operations in a given year. It is calculated as the company's revenue less its expenses (such as overhead), but not subtracting its tax liability. EBIT represents cash available to pay off creditors in the event of liquidation and, as such, it is closely watched, especially when comparing companies in jurisdictions with different tax laws. However, it is not as common a measure as earnings before interest and taxes. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Non-GAAP earnings before tax for the first quarter of 2006 were $0. Earnings before tax rose SEK 1 m to SEK 103 m (102). Amortization expense of $68,982 (2004 - $57,404) and interest expense of $68,319 (2004 -$58,670) resulted in earnings before tax of $61,005 compared to earnings before tax of $25,286 in 2004. |
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