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Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil
Earnings before tax (EBT) measures a company’s financial performance. It is a calculation of a firm’s earnings before taxes are taken out. The calculation is revenue minus expenses, excluding taxes. EBT is a line item on a company’s income statement. It shows a company’s earnings with the cost of goods sold (COGS), interest, depreciation, general and administrative expenses, and other operating expenses deducted from gross sales.
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