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Why is EBITDA so commonly used as a cash flow proxy? After taking out ITDA, even unprofitable companies can look profitable. Are there any better

Why is EBITDA so commonly used as a cash flow proxy? After taking out ITDA, even unprofitable companies can look profitable. Are there any better proxies for cash flow?

EBITDA as a cash flow proxy Assignment GradingCourse: NameEBITDA as a cash flow proxyYours NameProfessor’s Name [optional]University EBITDA as a cash flow proxyEBITDA as a cash flow proxy...
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