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Can an Expense Be Profit?

Martinka Consulting

Sales were down from 2014 and expenses were up. His balance sheet is a mess. One that struck me is something I see every so often and it’s marketing expense. He figured because a $30,000 marketing campaign didn’t work it really wasn’t an expense but should be considered profit.

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China Cash Crunch Eases, For How Long? Three Things China Needs to Avoid; When can Beijing Truly move to Market-Determined Interest Rates?

MishTalk

China''s Move to Market-Set Rates Let''s step back to December 8 and look at China Relaxes Grip on Interest Rates China is relaxing its grip on interest rates with the launch of a financial instrument that allows banks to trade deposits with each other at market-determined prices. China’s credit boom is still in full swing.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Of course, there is also persistent overoptimism about earnings growth and stock market expectations. My personal belief is the trucking industry needs to realize production of goods will have ups and downs,” Satish Jindel, principal of SJ Consulting , which closely tracks industry pricing, told Logistics Management.

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Seven Charts Explain Why Chicago Bonds Rated Junk

MishTalk

Chart #2: Growing Payments While the current state of the city’s balance sheet is dismal, the real problem relates to what is expected to develop over the next decade. Chicago pension plan payments are expected to double from 2014 to 2015, and will then continue to rise for another decade before they begin to decline.

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FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Minyanville Business and Market News. Balanced Budget Ammendment Sign the Balanced Budget Petition. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Following is a snip from the June 18-19, 2013 Minutes of the Federal Open Market Committee , released today. Daily Bell.

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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

The latest proposals could see up to 126 people being consulted on how to wind up a bank, even though agreement might need to be reached over the course of a weekend while financial markets are closed. Banking union won’t be ready for the results of the ECB health check in November 2014. How big is the proposed bailout fund? €55

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