![](https://investorshub.advfn.com/uicon/315468.png?cb=1473363790)
Tuesday, August 29, 2023 1:20:18 PM
Here is an example:
Revenues
Cost of Revenues $60,000
General & Administrative $58,000
Gross Profit $2,000
Operating expenses
General & Administrative $54,244
Total Operating Expenses $54,244
Net Operating Income (Loss) $(52,244)
There isn't any Revenue but a Cost of Revenue is $60,000 and SGA of $58,000 - then a Gross Profit of $2,000
Then under Operating Expenses they have SGA again but this time it is $54,244
And a Net Loss of $52,244.
Looks like you are the one who is eating crow. Because this is another disaster.
IG
"Are you gonna pull those pistols or whistle Dixie?"
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