War does have its benefits...

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

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

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.

With trade, there's mutual interdependency and mutual gain between parties.

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

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

Minus 500,000.

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

Go ahead, eat.

It would absolutely bring more harm than good.

There is no doubt about what they have done.

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.

No one wants it to go off.

Why isn't it on every poster across the third world?

And we had no expenses in that month.

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.

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

Our interests clash with theirs.

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?

I'll just abbreviate that as Nl.

Just because I know that these guys like me.

And that's what these brands did.

Kill the goose that lays the golden eggs.

But what do you do when the two come into conflict and you're forced to make a decision that either is in Britain's interest, or the interest of Britons, or citizens elsewhere in the world?

It's good for everybody.

But the reason I wanted do to Earnings to Price is because it connects it back to things like yield and interest.

They allotted the profits fairly.

Our starting cash here is 50,000. It's our ending cash of the previous period.

But again, fun is not enough.

He would do anything for gain.

There is no profit in worrying.

They obtained a yield of 8 percent on their investment.

We don't make money at these damn shows.

The taxes will be 153,000.

We know how much it takes to build our product.

And this is the profit from the operations of the company, or you could say from the assets or from the business or from the enterprise of the company.

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.

I'm not a charity commissioner.

Science comes first, but business comes a close fucking second.

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

Ten percent of all future profits from his solo venture.

But here you see it means very, very different things.

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