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Sonkin & Johnson are critical of EBITDA as a measure of free cash flow and recommend using Warren Buffett's Owner's Earnings metric. Choose the 2

Sonkin & Johnson are critical of EBITDA as a measure of free cash flow and recommend using Warren Buffett's Owner's Earnings metric.

Choose the 2 specific items which are included in Owner's Earnings but excluded in EBITDA

Interest Expense

Income Taxes

Depreciation

Selling General and Administrative Expenses

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