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EBITDA is ubiquitous when discussing mergers and acquisitions, but it is also frequently misunderstood and miscalculated. Some of the common misconceptions related to EBITDA include: āEBITDA is just a better version of net profit,ā āEBITDA equals cash flow,ā and āDepreciation gets added back, so equipment doesn’t really matter.ā āYes, depreciation gets added back,ā says John […]