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.
In 1999 Albert Einstein was recognized by TIME Magazine as the âPerson of the Centuryâ. Einsteinâs intellect, along with his wise and passionate dedication to the causes of social justice and pacifism, left humanity with a fuller understanding of its place in the universe and with pioneering moral guidance for future generations. 1  Imagination is more important than knowledge. Knowledge is limited.