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.
Was Jimi Hendrix's ambidexterity the key to his virtuosity? Was Jimi Hendrix's ambidexterity the secret to his talent? This is the question explored in a new paper by psychologist Stephen Christman (via TwentyFourBit), who argues that Hendrix's versatility informed not just his guitar-playing â but his lyrics too.