Non-operating activities include interest expenses, tax rates, and large non-cash items such as depreciation and amortization. By removing the non-operating effects, EBITDA gives investors the ability to focus on the profitability of their operations.
Thomas Edison once speculated: Genius is one percent inspiration and ninety-nine percent perspiration.
Add to Chapter... âGenius is one percent inspiration and ninety-nine percent perspiration.â. Thomas Alva Edison quotes (Most famous American Inventor who, singly or jointly, held a world record 1.093 patents. In addition, he created the world's first industrial research laboratory, 1847-1931).