Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
User Settings
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Report this Comment
Use this form to report the selected comment to the moderators. Reporting should generally be used only if the comment breaks forum rules.

46. Re: Square Enix Reports Mar 26, 2013, 15:16 Agent.X7
Beamer wrote on Mar 26, 2013, 13:33:
Creston wrote on Mar 26, 2013, 13:24:
Agent.X7 wrote on Mar 26, 2013, 13:22:
You need to know accounting to understand what we mean when we say we are operating at a loss. On paper, our expenses are more than our profits. However, if I was really losing $7 to 11K per month, I wouldn't still be here.

What? That's crazy!

I don't know what it is about this board, but people seem to love claiming that losses are losses and what you describe is absolutely impossible, no matter what every CPA in the US says.



And, again, Creston confuses the operations of a small, private business with a large, public company.

Some people kept claiming THQ was losing money on paper. Then it ran out of money and went out of business.


Here's a good indicator: if your CEO gets shown the door, you probably actually lost money. If you're running a business that doesn't really have anything to depreciate yet you're showing a huge loss, you probably are losing money.

If you are running a business that has nothing to depreciate, you are doing it wrong.
Avatar 23400
Origin - JStarX7
STEAM - Agent.X7
PSN - JStar_X7
Xbox Live - Agent X7
GOG - JStarX7
Login Email   Password Remember Me
If you don't already have a Blue's News user account, you can sign up here.
Forgotten your password? Click here.


Blue's News logo