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That's a good observation. Theme parks here in Orlando raise the prices once Disney raises their prices. It's the opposite of lowering prices to beat the other guy. I do video editing and video production and some people in my market do not know the value of quality video editing because so many people lower their prices.

Just part of managing cash flow

Another banger

good one

Good ❤

Thank you 😊

I wii understood very easily thank u

That looks a lot like discounting, but in the reverse... you work hard to gain the 10% and then give it away in revenue generation.

If there was a 'love' button, I'd press it a million times.

When i punch in 10 / 20 then % button, it gives me 0.2

Let’s talk in person, a lot of bad ideas are spread & made true through Email

you are underrated, this is actually really simple, helped me understand it.

Hi, is this course still available?

Perfect, thank you....🤜🤛

thanks so much! this was very helpful

So we record it as depreciation for motor vehicle under expenses?

Thank you so much. ! Final assignment in Finance management class under stood !

What an explanation..god level

Great vid! NEVER had anyone explain the percentage sign to me before -)

I watched more than 20+ videos and only yours was easy to understand thank you Brad

Wait a minute. The Margin is on what you paid for it NOT what you sell it for. It is 100% on the $10 item you sold for $20. I'm the one with the MBA from USC.

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This video helped me so much,🙂 a very big thanks for the teaching now I x can apply it

gary smith that is exactly what I was thinking also

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thank you I ama student and this has helped a lot

Instead of an expense coming out of Cash as, say, a check you write, it is coming out of the Asset as depreciation.

Hi Brad - For a bar or restaurant business, would the wages of the bartenders and service staff go in Cost of Sales or Opex? I could see an argument for both. They are essential to selling drinks and if I close my doors for a day then they wouldn't get paid, so I'm swaying on the side of COGS. What do you think? Thanks!

I was thinking of exactly this conundrum today and you answered the question perfectly. Keep more than one set of books. Thanks!

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hey can you please tell me where can I find depreciation on the income statement? Is it the same as "asset impairments" or what is it called on that statement? thank you

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Concisce and helpful as always, thanks for this!!!

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Thank you, very nicely explained!!👍

thanks brad!

Thanks! I like the comparison to a report card. Useful video!!

Sub to me lads

My question is around if you depreciate the asset by 100%. Can you still value it at 100% of its original cost in assets if you sell the business?

Cheers Brad

Out of all the videos I’ve seen explaining a financial statement, I have to say you’re the one person who made me understand it to the fullest. Thank you for this🙌🏿🙌🏿

Welcome back. Love your style of presenting complex information in an easy-to-understand form.