That's day 0.

Have you seen the latest figures, children?

We're going to take a write down.

It's called the Extractive Industries Transparency Initiative.

This is unreported income gained from an illegal venture.

The company's profitability improved.

So this is trailing 12 months.

It is from advertising that a newspaper earns most of its profits.

So a plus b have to be equal to 50.

Profitable.

Invest financial assistance, but also management assistance.

And we can eyeball it right here.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

Maybe Abby made 50 and Ben earned 0.

Now Coke has a very clear bottom line they report to a set of shareholders, they have to turn a profit.

I found six other instances of revenues being underreported.

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

In your opinion, is Bauer's intelligence actionable?

And what's left over for the equity?

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

Sometimes we're profitable. Sometimes we're not.

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

So notice.

Everything on this line would be a valid combination of

I doubt the truth of the report.

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.

They reported a possible intrusion into their communication systems.

What does that tell us?

It's just a faster way of saying

It looks like our profit is jumping all over the place.

So now we add an interesting line.

The report exaggerated the capacity of the hall.

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

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

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

We have confirmed its validity.

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

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