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.
A genius has a creative mind that is much more imaginative and constructive than a merely intelligent person. A research of the greatest scientist of our times, Albert Einstein, revealed that his brain was no different from ordinary brains, though. In fact, the size of his brain was smaller than average brain size.