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victular

Former userFormer user3y ago

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P2-D2P2-D2Tutor3y ago#1
Hi, Is the PBIT not the profit before tax (PBT) figure which is then adjusted for the finance costs to then get back to PBIT? It is usually far easier in exam questions to work backwards from PBT to calculate the PBIT than to work from gross profit and deduct the expenses/costs. Thanks
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