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Earnings Before Taxes |
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Earnings before taxes (EBT) A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of income taxes.
Earnings Before Taxes 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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Consolidated earnings before taxes totaled DM 93 million. The following table shows the revenues and earnings before taxes for the three and six months ended June 30, 2006 as compared to 2005 for each of the three business segments: The following table shows the revenues and earnings before taxes for the three months ended March 31, 2006 as compared to 2005 for each of the three business segments: |
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