fenil 13 April 2020 at 12:35 PM

Which of the following is the best description of the difference between operating income and earnings before interest and taxes (EBIT). a) EBIT includes the following items that are not included in operating income: non-operating gains and losses such as gains/losses on acquisitions or investments, interest and dividend income. b) EBIT includes the following items that are not included in operating income: non-operating gains and losses such as gains/losses on acquisitions or investments, interest and dividend income, and pre-tax additions or deductions for discontinued operations. c) EBIT includes the following items that are not included in operating income: non-operating gains and losses such as gains/losses on acquisitions or investments, interest and dividend income, and financing charges. d) EBIT includes the following items that are not included in operating income: non-operating gains and losses such as gains/losses on acquisitions or investments, interest and dividend income, and provision for income taxes.