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A comment on Why Wal-Mart Will Never Pay Like Costco. Parent comment

Re:Why Wal-Mart Will Never Pay Like Costco by tanzam75 on Thursday August 29, 2013 @01:54AM (#6294474)
It includes all the revenues, including sales, membership fees, and interest income. Minus all the expenses, including cost of goods, sales and marketing, corporate overhead, debt service, and taxes.

Net income is literally the "bottom line" number on the accounting statement. It's the number that coes out after accounting for everything in the business.

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Re:Why Wal-Mart Will Never Pay Like Costco by cantankerous on Thursday August 29, 2013 @09:04AM (#6295546)
Cool, thanks. I wasn't sure if the author was trying to separate the concerns to make some kind of a point about the different types of revenue. The membership revenues were also listed after the net, iirc, which I thought was strange. That makes sense, though.
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