Which of the following is not included in computing EBT (earnings before taxes)?
A)Marketing expenses
B)Depreciation expense
C)Cost of goods sold
D)Dividends

Question

Quizplus · Accepted Answer

Dividends are not included in computing EBT as they are paid out of net profit after tax has been deducted. EBT includes all operating expenses, such as marketing expenses, depreciation expenses, and cost of goods sold.

Which of the Following Is Not Included in Computing EBT