GREY:LGLTF - Post by User
Post by
alister33on Aug 27, 2014 10:29am
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Post# 22881890
It means the profit would be a lot higher
It means the profit would be a lot higherYou really do not understand that when a company does acquisition their inherit one time cost that affect the bottom line once.Their inherit too much management and need new systems for each new school, It means the profit would be much greater and by letting go employees and top management it could have cost over a million but will save big in the future. By creating new systems their is one time set up cost that will not be a cost in the future. Profits will be larger and larger each year going forward. The net profits you see could have been more than double if not for thses on time cost.