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No that is wrong. CFAI clearly states that operating income is EBIT.
"Operating income reflects a company's profits from its usual business activities, before deducting interest expenses or taxes"
Source is CFAI 2008 FSA Volume 3 level 1 page 13
Be careful of what people tell you on the forum...they often as as confused as you...that goes for me too!
Edited 1 time(s). Last edit at Wednesday, May 25, 2011 at 08:41PM by Thecodont. |
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发表于 2011-7-13 13:17
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