Re:It’s time for a digital protection agency
by sethammons on Monday March 26, 2018 @07:43AM
(#16678109)
I was unaware of the percent of revenue fine. What happens to a company with negative revenue? Seems like Hollywood Accounting could be pervasive here.
[ Parent
| on HN ]
Revenue, not profit. Revenue cannot be negative.
Re:It’s time for a digital protection agency
by SomeHacker44 on Monday March 26, 2018 @02:54PM
(#16681445)
Nitpick: Sure it can, but it's a corner case. You can recognize revenue one quarter, and have to issue a refund to a client another quarter. If that was your only revenue, you have negative revenue for the second quarter. :)
Re:It’s time for a digital protection agency
by sethammons on Monday March 26, 2018 @06:25PM
(#16683199)
Gross vs net