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Lies My Income Statement Told Me

Motley Fool Money

EBITDA - What's the Big Takeaway, Patrick?

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Ricky Martin: While EBITDA may violate the maintenance of finance by ignoring core recurring cash flows or overstating or operating income, it definitely still abides by the main tenets of humanity. He says there always is an incentive for us to embellish, to be involved in marketing. Martin: This is an opportunity for management to show their lens of the incremental information they have that might be better than a purely standardized version with GAP.

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