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In Estimating Value Creation,analysts Should Use EBITA Rather Than EBITDA,because

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In estimating value creation,analysts should use EBITA rather than EBITDA,because depreciation is a noncash item whereas amortization is not.


Definitions:

Field Experiments

Research studies conducted in natural settings outside the laboratory to test hypotheses in real-world conditions.

External Attribution

The process of attributing the cause of behavior to situational factors outside the individual, rather than internal characteristics.

Redeeming Qualities

Redeeming qualities are positive characteristics or traits that compensate for or mitigate a person's shortcomings or negative aspects.

Internal Causes

Factors within an individual, such as personal beliefs, values, or emotional states, that motivate behavior or influence how events are perceived.

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