Consider the following statements regarding EBITDA as seen in news recently:n1) EBITDA stands for Earnings Before Interest Taxes Depreciation and Amortization.n2) It is a metric which is used to evaluate the overall financial performance of a company. is done for. EBITDA is a measure of profit.nWhich of the following statements is correct?

• A. only 2
• B. only 1
• C. none of these
• D. both 1 and 2