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.
Genius has got to do with another talent known as creativity. A genius has a creative mind that is much more imaginative and constructive than a merely intelligent person. A research of the greatest scientist of our times, Albert Einstein, revealed that his brain was no different from ordinary brains, though.