Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Which of the following statements is/are correct with reference to the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)?

A It is a measure of profits.
B It ignores the quality of a company's earnings and can make it look cheaper than it really is.
C Both A & B
D None of these
Answer & Explanation
Option: Both A & B

Explanation:

State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a metric used to evaluate a company’s overall financial performance. EBITDA is a measure of profits. EBITDA also ignores the quality of a company's earnings and can make it look cheaper than it really is.
Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Assam Direct Recruitment Test Series