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.
02/04/2014 01:51 pm ET | Updated Feb 04, 2014. It's commonly said that we humans use only about 10 percent of our brains, with some people attributing Einstein's brilliance to his ability to stretch that paltry figure to 15 percent.