Redemption

So their liabilities increase accordingly.

And I'm running out of time in this video, and I'll cover it in the next, but you might have also heard of the word

Very few have ever been redeemed.

And then their SG amp A is the same.

So therefore, I put it down there.

Really, in my mind, it's very similar to depreciation.

The price of the operation is the safe return of Scylla.

And then they have an offsetting liability which is just notes outstanding, which is literally saying that hey, these are notes that we've created.

How much would it cost?

Depreciation is tangible.

So I'll just write down the number first.

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

So no cash went out of the door.

That's just the gasoline cost.

We do not release vehicles until all impound fees are paid.

And amortizing really just means spreading out the cost of this asset, just like depreciation was spreading out the cost of a physical asset.

Greece can no longer pay off its debts.

If you divide 50,000 by 4, it's 12,500.

Sometimes you have to pay salespeople, so you might have sales expense, and then the stuff like the corporate office and the CEO's salary, and you have to hire auditors and accountants and all of that.

A dollar... A dollar ten?

OK, in 2007, we had an equipment expense.

Cost of Goods Sold.

So I used half of it in year one.

The results will look much better.

Our profit, once again, is 30,000.

In the breaks of your TEDx event, it's good to provide food and beverages.

But that's not how much income we made, because there was a

listen, refine something and go back.

Now, month four You cater the last customer's event.

Uh, here there's a rider wanted,

Spare no expense.

Spare no expense.

I'm not paying for you to stay here.

And this is just an arguably long winded way of saying that the way you account for this is you spread out the cost over time, over its useful life, and this spreading out is called the depreciation of an asset.

They're your machines, and you're renting the space.

It's a matter of cost.

Their focus is always about anticipated consequences.

But actually, it's not my fault it's from the Guardian newspaper.

At what cost?

Walt, there's always a way.

It's not cheap either.

Here's how they're paid in the hospital and here's how they got reimbursed.

Cash, 500,000.

And then instead of having an equipment expense, instead of having that expense, they'll have an equipment depreciation expense.