Have a look at the gap.

Fair enough.

I mean, how big is the group overall?

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

So we get no revenue that period

So this is a break even scenario, where I sell 500,000 cupcakes at 2 per cupcake, with this being the cost of goods.

But you married him.

That company is doing very well in terms of total sales.

Notice what happens when I change it.

Minus 50,000.

And I won't go into the details of accounting.

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

The tickets cost 29 each.

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

But total movie revenues across theaters, home video and pay per view are up.

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

In order for this to come out to be zero, the gross profit has to be 500,000.

Greetings, Viceroy Zhou

But my background is black so I'll use green. So we'll say being in the green.

In this scenario, this is the income statement, at least as far as we get to the operating income line.

Our sales are decreasing.

Obviously the whole discussion is what happens to this price over a bunch of different scenarios?

To maximize revenue. And why? Revenue to the artists?

Just kind of the money I'm getting from selling the cupcakes, and that term is called gross profit.

You might say, oh that's great! You're making a million dollars on your cupcake factory in this scenario, and oh no, we're not done yet.

lived in Asia and they made more than half the world's product.

Workers made loud demands for higher wages.

Anything that's inconsistent within your concept if you tell me sales of X, Y or Z are 10 million dollars, five slides later, they're five million dollars ...

So they're going to have roughly 1,200 taken it from sales of the tickets.

(Applause) RS

50 companies signed up, 200 products came out, generated 100 million in sales.

Another pulls up, and says, Do you have any Grey Poupon?

I admit, business has been slow.

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.

How much are you producing relative to what you can produce? 100

Just going to deteriorate even further.

So it actually computes what we need it to compute.

Times 2.

Really popular. People congregated around it.

One of the most important metrics to think about now that we have an end to end funnel is something called lifetime value and a lifetime value LTV is not your lifetime but your customer's lifetime.

Then we just need to add the Stirling number n, k.

But in fact, what we're seeing more and more is that if you are willing to cut, get rid of those extraneous redundant options, well there's an increase in sales, there's a lowering of costs, there is an improvement of the choosing experience.

We did break both speed and altitude records, sir.

Beware, Viceroy.

So let's take a look at what a sales curve might look like in a resegmented market.