CFA Practice Question

There are 90 practice questions for this study session.

CFA Practice Question

Based on GAAP, which item should be excluded from the calculation of EBITDA?

A. Restructuring costs
B. Equity-based compensation
C. Goodwill amortization
Correct Answer: C

Taxes, interest costs, depreciation, and amortization are excluded from net income in the EBITDA calculation.

User Contributed Comments 0

You need to log in first to add your comment.