Are those the earnings that you're predicting for next year?

But here, the Price to Earnings for 2009 then becomes let's see.

So a plus b have to be equal to 50.

Profitable.

And we can eyeball it right here.

Maybe Abby made 50 and Ben earned 0.

Invest financial assistance, but also management assistance.

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

And what's left over for the equity?

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

Forecast

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

So notice.

Everything on this line would be a valid combination of

These are old faculty salaries.

Monthly estimates

Abby earned 10 more than Ben.

And why don't you like them as much?

So the price would be 100.

Another type of revenue model is licensing.

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

So let me switch colors just to ease the monotony.

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

And the first one is that this whole idea about revenue stream, Steve, I get it.

This is a lot more important than what is revenue in year 4, because you're just guessing about that.

What does that tell us?

It's just a faster way of saying

And we add back the interest, at least in this example, we get to an operating profit number.

So now we add an interesting line.

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

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

And then I'll observe again the 2.

We can just conclude that. This more complex model.

Here are my best guesses. Okay?

Try to feel his next movement.

Before, when we just did simple regression, that was our equation.

And so I'm left with net income of 350,000.

But I just want to give you the gist of what's happening.

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

XTide Tide Predictor

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

Let's compare EBlT to operating profit.

And how they were going to create demand was through search ads, social media, stadium promotions.

Do research where two models are competing against one another.

We talked about the potential ways to charge