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Friday, November 14, 2014 1:21:43 PM
Terrible numbers today
Revenues decreased from last quarter by $169K from $294K to $126K
SOooo... accounting 101.... Fee was reduced by $168,950, while Interest remained the same at $80,407, equating to a total revenue reduction of $168,950.
Why? Never thought you'ld ask.........next line down.... COST OF SERVICES reduced from to $217,123 to $35,031, a reduction of $182,092.....which is why......
THE GROSS MARGIN INCREASED FROM $77,734 TO $ $90,876.....WHICH IS AN INCREASE OF 15.6% TO GROSS MARGIN REVENUE, QUARTER OVER QUARTER!!!!!!!!
tAAAADaaaaaaaaaAAAAAAAAAA!!!!!!!!!!!!!!!!!!!!!!
.... MAGIC..... (The understanding of a basic balance sheet)
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