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Tuesday, August 15, 2017 3:07:33 PM
I'm still skeptical about increase in revenue. True profits were up but was that because debt/legal fees are down?
Simple example:
Year 1
Gross Profits from doing business: $1,000,000. Minus expenses: $750,000. Net profit: $250,000
Year 2
Gross Profits from doing business: $1,100,000. Minus expenses: $550,000 Net profit: $550,000
Business only improved by 10% but net profits increased by 50%+. Big disparity going forward looking at business growth. The business did not grow by 50%+
This is how I am seeing it. I'm trying to understand and have a dialog. That's how I work. It's not personal peeps.
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