The depreciation amount is actually a sensitive measure of CAPEX as it relates to the assets that are purchased over a period of several years. This is why EBIT gives a better representation of actual earnings as compared to EBITDA, and is a better measure for lenders.
There are several phrases associated with the Statue of Liberty, but the most recognizable is âGive me your tired, your poor, your huddled masses yearning to breathe free.â This quote comes from Emma Lazarusâ sonnet, New Colossus, which she wrote for a fundraiser auction to raise money for the pedestal upon which the Statue of Liberty now sits.
Who Said Remember that Time is Money? By YourDictionary âRemember that time is moneyâ is another very famous quote attributed to Benjamin Franklin. As a statesman, scientist, and philosopher, many of his maxims are known and used in every day conversation. This particular metaphor has remained an important lesson in finance and business.