Ongoing CBA discussions

[SirClintonPortis]

Originally Posted by Mattyk

Semantics. Whatever you want to call it, they should still prove their revenues have decreased if that's the reason they are using to support their need for that money. Bad faith is saying trust us, we need the money but we're not going to show you why.

It's funny why the media never mentions NET INCOME, which actually represents what a company has after deducting expenses, etc. The amount of revenues taken do not take into account any expenses.

Gross profit = Net sales – Cost of goods sold.
Net income = Gross profit – Total operating expenses – taxes – interest.

Net Income (NI) Definition