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Re: Negative Profit - Oxymoron 871 |
patrickjwhite - 3/9/2005 11:38 |
‘Negative profit’ is an outright loss. The term is regarded by many as an example of poor corporate governance and could easily mislead elderly investors by referring to profit when there is none.
See: http://www.ned.co.uk/Glossary/Term/Negative+profit+situation
Patrick
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