You manage, the village manages these warehouses.

But just so you know what EBlT is, EBlT is just Earnings

Let's say they have no interest expense.

So just as a review, let's say I'm running some type of a bank and I tell you that I am offering 10 interest that compounds annually.

I also want 100 of that.

That's why we say it compounds.

And they've all failed as Triple Crown contenders.

So 5 on 100,000 is 5,000 per year in interest.

I'll have to take a 750,000 mortgage.

My mortgage actually might be something like 4,000 a month.

Interest. Weekly.

I don't know what a good rate is, 6 ?

So, for an extra 20 ...

Let me write that.

So 110 plus now 11.

As we arrived at the gate of Nain, a funeral procession came out.

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

And of course the difference is the money that he had to spend on tax.

That's... 65,625 with interest.

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

She emerged victorious in the struggle.

We will win a great victory tomorrow.

These savages have no rights here.

Number of payments per year

Well I'm paying 750,000 times 6 a year.

Our team came home in triumph.

Our team returned home after a huge victory.

...so complete a victory...

Justice had triumphed once again.

This is unreported income gained from an illegal venture.

They can't be bought, bullied, reasoned or negotiated with.

If our earnings are 350,000.

And then we could take this down.

Yes, the answer is 2.

You give them more money they repay you that over a time.

He paid the loan with interest.

At the moment, however, this money was not nearly sufficient to permit the family to

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

ladies and gentlemen, does not create wealth for them.

The Conservative Party won the election in 1992.

It is apparent that he will win the election.

Number one son, not too clever.

Because, in the future, John's not only her son, but...

Well, 5 of 10 million I'm paying out 500,000.

A bank lends us money at interest.