Posts by BrianCPA

It's a real shame that Johnson's vision isn't catching on. It says a lot about the rationality, or lack thereof, of consumers. He took all the guesswork out of shopping: no coupons, no worrying that something will go on sale...

Quote: Originally Posted by jragosta  Sorry, a number divided by zero is not infinity. It is indeterminate (it approaches infinity). Again, you and 'BrianCPA' keep making the most basic math mistakes, so it's...

Quote: Originally Posted by anantksundaram  That wasn't your first mistake. You're right again! My first mistake was debating accounting with someone that knows little about the subject.

Quote: Originally Posted by anantksundaram  Yikes, Mr. Accountant, I've got news for you. "Profit margin" means Net Income (= Profit) ÷ Revenue. (Sometimes people use the $ number instead of the percentage, but the...

Quote: Originally Posted by anantksundaram  Weird. I am looking at Apple's latest 10Q, and p. 2, which reports "Net income" is titled "Statement of Operations."   Someone had better tell the...

Quote: Originally Posted by SolipsismX  1) You're not using the word in the intended form. 2) Showing that the word loss specifically means loss does not prove that another word can't also refer to a loss with the...

Quote: Originally Posted by anantksundaram  Surely, an accountant would understand that Net Income can be a negative number.   If Net Income is not equal to "Profit" what would an accountant say the...

Quote: Originally Posted by jragosta  Unfortunately, you failed math. Each company A to D made $10. Since the total profit was zero, the percentage is undefined ($10 / $0 is undefined).   That's our whole...

Quote: Originally Posted by anantksundaram  Um, no. The industry profit in your example is $0. Period. At least, that is what any investor who owns, say, an industry ETF would say. Or any halfway credible academic...

Quote: Originally Posted by Steven N.  I am absolutely right and you did not respond to my application of your fundamentally flawed math and principals. The reason you disregard losses in calculating % profit share...