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.
The meaning and origin of the expression: Genius is one percent inspiration, ninety-nine percent perspiration. Home Phrase Dictionary-Meanings and Origins Genius is one percent inspiration, ninety-nine percent perspiration. Browse phrases beginning with: A B C D E F G H I J K L M N O P Q R S T UV W XYZ-Full List.