So a plus b have to be equal to 50.

For what might look like a boring desk job

Profitable.

And it's also a valid point or a valid combination from the point of view of the red constraint that Abby and Ben earned 50.

Invest financial assistance, but also management assistance.

And we can eyeball it right here.

Maybe Abby made 50 and Ben earned 0.

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

And what's left over for the equity?

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

Despite a large surplus in merchandise trade, the current account surplus is not so big due to a deficit in invisible trade.

Abby earned 10 more than Ben.

And why don't you like them as much?

So the price would be 100.

Another type of revenue model is licensing.

The reason why you are willing to pay a higher Price to

So let me switch colors just to ease the monotony.

And they were male and female 18 30 and they were casual fans.

And the first one is that this whole idea about revenue stream, Steve, I get it.

What does that tell us?

It's just a faster way of saying

So now we add an interesting line.

Just how deep in the red am I?

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

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

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

And we still got to pay for it.

And so I'm left with net income of 350,000.

But I just want to give you the gist of what's happening.

They're going to make 0.35 in 2009 as well.

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

Let's compare EBlT to operating profit.

It's time to monetise the thing.

And how they were going to create demand was through search ads, social media, stadium promotions.

This is a lot more important than what is revenue in year 4, because you're just guessing about that.

We talked about the potential ways to charge

The return on the investment will be high.

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

Instead we could say that file sharing is good.

We learned that in our first video.

In this case, we use last year's earnings.

And the other reason is, this was just 2008 earnings.