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.
He taught, as Rachel Monroe â06 puts it, that âwriting, at its best, is an act of generosity on the part of the authorâ¦and maybe, in some small strange way, to the world in general.â. I did not know David Foster Wallace, the postmodern genius.