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.
Einstein may have been a physicist, but he sounded off on all sorts of topics in a way youâd only expect from a certified genius. His quotes are quirky, fun, and at times encouraging and always thoughtful. Here are some of his best quotes on all sorts of topics.