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Re: frankie_fillet post# 205210

Monday, 09/25/2006 4:24:52 PM

Monday, September 25, 2006 4:24:52 PM

Post# of 286611
To many on here, break even is based on a quarterly basis and not on a yearly basis. Everyone knows that once the calendar turns to January, April, July, and October all your debts and expenses are deleted and you start all over from $0, right?

Funny thing though, income is calculated on a calendar year from January to December and then again on a quarterly basis for comparison purposes.

It's simple really.