Where Do You Stand on âEBITDACâ
and âVoodooâ Economic Forecasts? One of the issues facing the business valuation community as well as business owners is the newly created accounting metric called âEBITDACâ, which stands for Earnings Before Interests, Taxes, Depreciation, Amortization, and Coronavirus. This is a non-GAAP accounting metric used by some companies today to raise more debts from lending institutions by adjusting or recasting t ...
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