3- Earnings

Question 1

Income statement

Answer 1

Things which impact companies wealth

Question 2

Earnings

Answer 2

Revenues -costs

Question 3

Operating revenues - cash operating costs

Answer 3

EBITDA

Question 4

Other name for EBITDA

Answer 4

Gross operating profit

Question 5

Investing activities are not in

Answer 5

Income statement

Question 6

Operatingprofit

Answer 6

EBIT

Question 7

The decrease in value of a fixed asset due to its use by the company is accounted for by mesns of

Answer 7

Depreciation and amortization

Question 8

The income statement never shows

Answer 8

Repayment of borrowings

Question 9

Depreciation and amortization on fixed assets

Answer 9

Non cash costs

Question 10

In income statement net profiy\ net earnings created by

Answer 10

Wealth of company creaded by inflow of shareholders

Question 11

What is net income

Answer 11

Measures the creation or destruction of wealth during the fiscal year ,
,its wealth indicator not cash!!!

Question 12

When we calculate net income or net profit?

Answer 12

After tax

Question 13

When we calculate profit and non recurrent items

Answer 13

Before tax