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baystock1

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Re: nutsyprofessor post# 6928

Wednesday, 07/30/2014 6:07:31 PM

Wednesday, July 30, 2014 6:07:31 PM

Post# of 63744
debt payments have 2 components, interest and principal. While I agree that principal payments won't be counted, I think interest is counted as an expense and so would effect Net Income. Only in EBITDA (earnings before interest, taxes, depreciation) calculations is interest not counted.
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