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KejciorF
Joined: 21 Jan 2006
Posts: 91
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 Posted: Sat Feb 10, 2007 2:41 pm Post subject: GOODWILL AND HAEMORRHAGING RED INK and others |
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Hi Everybody,
could you please explain the following:
The goodwill of our customers is included in the asking price.
The advisor to the Stock Exchange said that the company was haemorrhaging red ink but had hidden the size of its liabilities.
What's the difference between a bookkeeper and an accountant?
There was no escaping the bottom line; a net loss of �35,000.
A little bit of window dressing, our figures fir this year look a lot better.
Since weset up the business two years ago we've been on a steep learning curve.
Our total gearing is nearly a quarter of a million pounds. |
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Yinglish
Joined: 30 Jan 2007
Posts: 99
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| Posted: Sat Feb 10, 2007 10:48 pm Post subject: Re: GOODWILL AND HAEMORRHAGING RED INK and others |
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| Quote: |
| The goodwill of our customers is included in the asking price. |
goodwill: the good relationship between a business and its customers; the business' reputation
| Quote: |
| The advisor to the Stock Exchange said that the company was haemorrhaging red ink but had hidden the size of its liabilities. |
haemorrhaging red ink: losing a lot of money, like bleeding (red blood).
| Quote: |
| What's the difference between a bookkeeper and an accountant? |
bookkeeper, accountant: same meaning
| Quote: |
| There was no escaping the bottom line; a net loss of �35,000. |
bottom line: net income (it can be positive or negative)
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| A little bit of window dressing, our figures fir this year look a lot better. |
window dressing: creating a fake (untrue) appearance. (Don't do it if you're an accountant/CEO/business owner.)
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| Since we set up the business two years ago we've been on a steep learning curve. |
steep learning curve: learning very fast but very difficult
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Our total gearing is nearly a quarter of a million pounds.
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gearing: borrowing money to make money.
Investopedia Says: In simpler terms the gearing explains how a company finances its capital, either through outside lenders or through shareholders.
Also known as "financial leverage". |
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