Earnings before interest and taxes is defined as:

A) Gross margin less all expenses, including interest.
B) ​A business's profit before consideration of financing charges.
C) The "bottom line" of an income statement.
D) ​Cash flow.

Earnings Before

A financial metric that typically specifies a certain earnings figure before deductions are made, such as Earnings Before Interest and Taxes (EBIT).

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net profit or loss.

Financing Charges

Interest or other fees charged by a lender on the principal amount loaned, affecting the total cost of a loan.