FDlC insured.

So now look at the different lens.

And when they produce their crops, they sell the surplus on marketplaces.

That's still way more expensive than most companies.

Several more companies are moving to enter the lucrative pet food market of the country.

That is going to increase employment.

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

But here you see it means very, very different things.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

And government has certain benefits it can uniquely bestow on these markets.

Our interests clash with theirs.

Minus 500,000.

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

So this is trailing 12 months earnings.

Kill the goose that lays the golden eggs.

A benefit to both our worlds.

I'll just abbreviate that as Nl.

Go ahead, eat.

And when people talk about earnings of a company, this is what they're talking about.

And that's my dad found that.

But this is the difference between operating income and EBlT.

But throughout the economy, there are facilities that could likewise leverage a new generation of markets for the benefit of all of us.

And that's what these brands did.

The rewards would be... enormous.

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

They buy more of your service and they tell more of their friends, which leads to more profit.

Either they are going to unlock an awful lot of economic opportunity and make a percentage on all of it or it's all going to crash and burn, which is tough on their shareholders.

It puts the normal citizen at a great disadvantage.

And let's say, assume if I inherited this million dollars, I didn't finance it.

And the beauty of this system is that it benefits both sides.

Well in this case, you're uncertain about the earnings stream.

So in summary, the questions you want to ask are how big can this be, how much of it can we get, what's the growth rate of the market, is the market itself declining or is it in flux or is it taking off? and most importantly here is talk to customers and the sales channel, and next important is you can get some pretty good market size estimates by competitive approximation if it's an existing or resegmented market, or even if we're going to clone a market outside the US.

The reason this is happening boils down, in my mind, to one basic problem, which is our inability to perceive the difference between public benefits and private profits.

This is 350,000 of net income.

Why make this thing?

All the profits go toward Phillip's hospital bills.

Maybe if I do it on a small amount,

So let's think about the Price to Earnings ratio of the company in question, this widget case study, I guess you could call it, that we've been dealing with.

The troll market! The troll market?

So the for profit sector can pay people profits in order to attract their capital for their new ideas, but you can't pay profits in a nonprofit sector, so the for profit sector has a lock on the multi trillion dollar capital markets, and the nonprofit sector is starved for growth and risk and idea capital.

The taxes will be 153,000.

I'm not a charity commissioner.

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

It's also important to think about what the benefit is.