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.

And why don't you like them as much?

Once you add it all up, though, and with Keller, the revenues are almost 10 less than was actually received.

Anyway, going back to Price to Earnings, we calculated the

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

But for our sake, let's just say that when you give the widget, you have earned the money that they give you, and that's revenue sales.

And the thing is, is that this isn't Google.

Profitable.

What are my most expensive resources? What are my most expensive activities?

And most of the time, there's no backup for the reported revenues at all.

And B is expected to make 4 per share.

So a plus b have to be equal to 50.

So it has a Price to Earnings of 50.

Are you using future earnings?

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

So notice.

Invest financial assistance, but also management assistance.

You get 400 from the customer the previous month.

Maybe Abby made 50 and Ben earned 0.

And we can eyeball it right here.

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

Divided by 0.35.

What if the bake sale only netted 71 dollars for charity because it made no investment in its scale and the professional fundraising enterprise netted 71 million dollars because it did?

The overhead went up.

loans, plus whatever they have left from the original 80,000

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

And what's left over for the equity?

So let me switch colors just to ease the monotony.

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

The difference with Ecosia though is that, in Ecosia's case, it draws the revenues in the same way, but it allocates 80 percent of those revenues to a rainforest protection project in the Amazon.

This is unreported income gained from an illegal venture.

Total bill

The fine is 500 Chatls, 250 each.

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

Local finance are bankrolling the industrial promotion program.

Everything on this line would be a valid combination of

So now we add an interesting line.

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

let's do it on an accrual basis.

Rnd, industry cofinancing, Prizes.

So let's say the revenue or the sales in this case in a given period, let's say that this is an income statement for 2008.

Abby earned 10 more than Ben.

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

Let's compare EBlT to operating profit.

So the price would be 100.