Periods per year

Periods

Let's say this is what we assume is how many cupcakes we sell.

My head I think implicitly made the numbers work out nicely.

The company announced a profit of 200 million after tax.

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Let's see if we can use our example to understand the 3 types of income statements and hopefully understanding those income statements will also help us understand this example.

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

Calculates logical AND of two GMP numbers.

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But that's only important in the early universe, so it's generally neglected in this computation.

we start dealing with the idea of variables.

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.

Getting over our fear of riding bikes. Making our beds.

And I won't go into all of the details of an income statement, but any income statement you look at will have this operating profit line.

All right.

There is no doubt about what they have done.

Day counting basis

So wait a minute, you're getting 90 but you spent a total of 53 building the product and keeping the lights on and that leaves right in the middle how much profit you have.

Compounded for 64 years.

You might have noticed that up here on the right, I made a very simple chart to try and explain how Fibonacci behaves to myself.

Fair enough.

They'd collected information with photos. They'd manually build each building.

She calculated the up front cost and the payback over time, and it's a net plus on so many levels for the local, national and global economy.

When we did return on asset, we looked at the operating profit, because this is what our company generated before we paid the bank or Uncle Sam or anything like that.

Scientific software package for numerical computations

So at least it makes sense in rough numbers.

In the last video, I hopefully showed you that if I borrowed P dollars, and I borrow it for a year, and you were to charge me an interest rate of r, or you could say 10r , then at the end and we were to compound continuously.

I'm going to take the cost of what it takes me to build the product, and I'm going to add some fixed markup whatever I think my profit should be.

And now we are left with our we're getting close to where we need to get to pre tax income.

No request from the Internet actually ever touched these precompute machines.

No.

Maximum iterations

So this kind of the cash income statement,

And then we apply all these other principles

He is expert at figures.

Compute field of view from above data fields

And then, how much am I making from the business now?

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Calculate expressions

And we'll make it more complicated in the future

She didn't factor the high cost of repairs into the budget.

It's always good to look at the data and guess it in advance, because then you can see if your math is actually correct.

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

The system is inherently unstable as a result of the international power it provides to the dominant parties, for at the heart of it lies the idea of How can I get something for nothing'.