为啥这么规定呢，啥原理啊

问题如下：

Question Which of the following items is a non-GAAP financial measure?

选项：

A.Net income after taxes B.Income from operations C.EBITDA

解释：

Solution

C is correct. EBITDA is a non-GAAP financial measure. The SEC prohibits the exclusion of charges or liabilities requiring cash settlement from any non-GAAP liquidity measures other than EBIT and EBITDA.

A is incorrect because net income after taxes is a GAAP-compliant financial measure that should be defined, calculated, and presented consistently with the same measure on income statements of other US-based publicly traded companies.

B is incorrect because income from operations is a GAAP-compliant financial measure that should be defined, calculated, and presented consistently with the same measure on income statements of other US-based publicly traded companies.