So now we add an interesting line.

And we add back the interest, at least in this example, we get to an operating profit number.

And that's because they have the same exact asset.

Get out your pocketbooks, and remember it's all for charity.

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

Abby earned 10 more than Ben.

Ten percent of all future profits from his solo venture.

But this could happen.

So a plus b have to be equal to 50.

Because when someone says earnings, are those the earnings last year?

Profitable.

So you say, they both deserve a price to earnings of 10.

But in general if you take EBlT and you take out the non operating income, you get back to operating profits.

You book potential earnings as current earnings to artificially boost profits.

So in any of these periods, the depreciation expense should be added back to the operating profit, to figure out the cash from operations.

Today, we are going to talk about revenue models.

You always have to be looking forward.

This 2 were my earnings.

Invest financial assistance, but also management assistance.

His business returned a good profit.

And we can eyeball it right here.

Minus 500,000.

Maybe Abby made 50 and Ben earned 0.

You're making 10 , and that's just to connect the dots.

The deterioration of corporate earnings has yet to bottom out.

And what's left over for the equity?

Then whatever this generates is actually non operating income.

Not anymore.

And what type of a return can they get?

The earnings I just said, this is actually what happened to the company.

So let's look at them over the course of one year.

So notice.

Everything on this line would be a valid combination of

Corporate earnings in the first quarter improved sharply.

Corporate earnings for the first quarter were disappointing.

So why don't you think about this for a second and tell me, which part was the revenue stream and which part was the pricing tactic.

Nigerian newspapers circulations spiked.

And that's how much operating profit my widget company has produced.

Have you seen the latest figures, children?

It is from advertising that a newspaper earns most of its profits.

But it's going to continue to grow.

36 percent of the TNCs are in the core only, but they make up 95 percent of the total operating revenue of all TNCs.

And then if that house is sold for 500,000 because the property value went down, then the recovery would be 50 .

He derived a lot of profit from the enterprise.

And why don't you like them as much?