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 encounteredââin a pretty cursory way,â as he explains itâwork on human motivation by Rochester experimental psychologists Edward Deci and Richard Ryan. Two years later, Pink began researching how people might be motivated to do creative work. He returned to the work of Deci and Ryan.