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.
Nearly 90 percent of the brain is composed of glial cells, not neurons. Andrew Koob argues that these overlooked cells just might be the source of the imagination.