Biden speach

Superpro · 05-03-2021, 03:54 PM

[QUOTE=SStockDart;639769][QUOTE=Dan Fahey;639766]Our Government is not a BUSINESS...
It does not make a profit.

They couldn't explain I.B.I.T.A. or double declining amortization if they had to.

I believe you are referring to EBITDA? Earnings before Interest Taxes Depreciation and Amortization. Indicator in financial circles as to profitibility of a company's core operations. In Governments' defense, I don't think most smaller business owners are aware of what this is either. They likely care more about what they take home after servicing their debt, Uncle Sam and whether or not their investment in expensive land, building and machinery provided a sound return.
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05-03-2021, 03:54 PM	#5
Superpro Member Join Date: Jan 2013 Posts: 115 Likes: 79 Liked 105 Times in 38 Posts	Re: Biden speach [QUOTE=SStockDart;639769][QUOTE=Dan Fahey;639766]Our Government is not a BUSINESS... It does not make a profit. They couldn't explain I.B.I.T.A. or double declining amortization if they had to. I believe you are referring to EBITDA? Earnings before Interest Taxes Depreciation and Amortization. Indicator in financial circles as to profitibility of a company's core operations. In Governments' defense, I don't think most smaller business owners are aware of what this is either. They likely care more about what they take home after servicing their debt, Uncle Sam and whether or not their investment in expensive land, building and machinery provided a sound return. . Last edited by Superpro; 05-03-2021 at 04:02 PM.

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