Quote Originally Posted by Platinumprinter View Post
Rodger,

???????????

Are you talking about the difference between gross sales and net profit?

John Roseborough
Dear John,

Not exactly. From an accounting viewpoint, imagine Ilford as the two separate companies it has become, silver and inkjet (and, to be fair, Cibachrome-as-was). One made a profit; the other, a loss. Add the two together, and the silver company's profits are (let us say) 150 per cent of the united company's profits.

Though actually, it was more of a rhetorical device (and one that is easily understood, I'd have thought) than an accounting statement. You could rephrase it as 'If they hadn't spent all that money on inkjet, their profits would have been 50 per cent higher'. Or, as I put it, 150 per cent of their profits...

Cheers,

Roger (no 'd')