Utilities are still rewarded when their customers waste energy.

These are the only people who really have, arguably the sophistication and the time and the monetary incentive to really look and scrutinize what management is doing.

And you'll hear these numbers, gross and operating profit and net profit and pretax profit, and it's very hard to understand that these are actually very, very different things, because they all have the word profit, and what does gross and operating and all that mean?

And then if you subtract your costs from your revenue, or if you just add these two numbers, because this one is negative, you have your gross profit.

Cash is a asset because you can use it to buy stuff and get people to do stuff for you

The pie's getting bigger because these are real investments that are going to benefit my village.

You want to have a lower Price to Earnings ratio for the same asset.

And when people talk about earnings of a company, this is what they're talking about.

With far too few of your sinister plots actually turning a profit.

In a word, he gained much profit.

This is really important to pay attention to, because so many people say, oh, a company made this much.

And then I'll do a more philosophical video on why these things even exist, and why they're useful, and why people may benefit or may not benefit from these things.

They buy more of your service and they tell more of their friends, which leads to more profit.

It doesn't think about things like interest income from your bank account, or interest expense on any loans you have.

Both of them are equilibriums because neither of the players can benefit from switching to the other strategy.

Even if it benefited the publishers, it was a creative right and author's right.

EBlT in this case would be the operating profit plus this investment income.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

It's good for everybody.

All right, all right, all right.

And I won't go into all of the details of an income statement, but any income statement you look at will have this operating profit line.

It's dependent on how the operations were financed.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

I profited 200,000 yen yesterday.

The word arbitrage sounds very fancy, but it's actually a very simple idea.

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

I made a good profit by selling my car.

So, whatever wasn't used in the expenses would end up being profit, and then all of that went back to that one household as income.

All right, all right, all right.

We know how much it takes to build our product.

But when you lower the Price to Earnings you are increasing the Earnings to Price.

Kill the goose that lays the golden eggs.

The assets are generating this.

And let's say, assume if I inherited this million dollars, I didn't finance it.

A company is a business organization with sales, a product, or service in exchange for revenue and profit.

All right, all right.

So these assets might be generating non operating income.

It looks like we lost 200.

He derived a lot of profit from the enterprise.

His business returned a good profit.

I made a good profit by selling my car.

So, let's see, you have to do 1.85.

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

All right, all right.