Question: qwhat is depreciation a allocation of a cost to its...
Q)What is depreciation:
a. Allocation of a cost to its use in revenue generation
b. Rate at which an investment is made.
c. Increase or decrease in the market value of an asset
Q) EBIT is also known as:
a. Gross Profit
b. Gross Margin
c. Net Profit
e. Operating Profit