Guess when he cashed out.

And I'll be handsomely rewarded for my shares.

To figure out the cash from operations from actually how much cash the operations are producing.

Fair enough.

You sold it 50, you borrowed and sold 50, then when it went down 20 you bought is back, you bought it back for 20

So my operating profit is really my profit because I don't have to pay taxes on it.

Sold him. Pat 17.

Our profit, once again, is 30,000.

Sold him. Pat 21. Pat 21.

I made a good profit by selling my car.

Minus 50,000.

Investing money in your home has some merit when it is time to sell it you can get more money.

So what's the profit going to be? So let me write this down.

So, let's see, you have to do 1.85.

If you and I one sell individually what little we produce,

And so I had a total expense or total cost of goods sold of 1 million.

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.

He made a profit of ten thousand dollars on the sale.

What say, shall we move on to the sale to Illustra?

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

It is a better business model.

So it's 1 million per year.

The documents included information about home sales,

They're worth 10, or so you say.

I made a good profit by selling my car.

So, you're selling costs were embedded here, this was the commission or direct sales costs or whatever you were paying your direct sales people and you made 37 selling directly.

Before I think about how much does it cost for me, all of the overhead expenses.

So I'll do a line here. I'll subtract that from that.

Here's what happened to this company.

I move we postpone the sale for six weeks.

Minus 500,000.

Or if we just wanted to round to the nearest penny, since we're talking about selling something, this optimal profit, this optimal profit, will happen at a selling price of 23 and 30, 23 and 33 cents.

never to be sold or developed.

He claims he had a prior arrangement with his broker to sell.

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.

And I'll write it as a negative number because we're going to subtract it from the gross profit.

Kill the goose that lays the golden eggs.

The company earned 300 million on sales of 4,000 million.

So already we have some new nuance on profit.

Mom and pop stores will turn a profit in the new fiscal year.

Another type of sale is an actual asset sale, direct sale.

And it has been a powerful marketplace differentiator, increasing sales and profits.

That won't work anymore. Patty hewes knows about your stock sale.

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