"this has made the profit seem non-existent."
No. People just confuse operating profit with earnings after interest, tax, depreciation and amortisation.
Its a figure that determines whether a business is a going concern, not whether there is real cash to retain or distribute.
Posted By: Johnny Comecardiff on May 29th 2008 at 12:25:15
Message Thread
- Thick as shit question alert re: Norwich in profit article (NCFC) - LincolnshireCanary, May 29, 11:18:53
- Coupla points re the Deloitte figures (NCFC) - east of hampstead, May 29, 12:18:37
- "this has made the profit seem non-existent." (NCFC) - Johnny Comecardiff, May 29, 12:25:15
- A point on turnover (NCFC) - Mr Creosote, May 29, 12:24:50
- Cheers both (n/m) (NCFC) - LincolnshireCanary, May 29, 11:36:06
- yes (NCFC) - blindasabat, May 29, 11:26:58
- yes (NCFC) - Firstnews, May 29, 11:24:48
- Coupla points re the Deloitte figures (NCFC) - east of hampstead, May 29, 12:18:37
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