Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Glad to pay union dues
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="bluehdmc" data-source="post: 608579" data-attributes="member: 18471"><p>Is money invested in new facilities, vehicles, planes, etc taken out of aftertax profit? Or are these charges taken before gross profit is determined? I'm not an accountant and I understand they pay acct's big bucks to figure how to draw down these figures to lessen the corporate tax burden. </p><p>I would think the after tax profit would be used for a prudent reserve, to buyback outstanding shares of stock to pay dividends and bonuses. </p><p>Also I passed a poster that said something about 436,000 UPSers. That works out to about $1000+ plus PROFIT per employee the last quarter. </p><p>To be posting reasonable returns in the present economy is fantastic. </p><p>We're MAKING MONEY, how many other companies can say that?</p><p>How does that compare with Fedex our biggest competitor? Didn't they lose money last quarter, many companies are flat. </p><p>Remember what I said about emotions and stock purchases? People were still buying the old GM even though it was bankrupt and virtually worthless. Maybe they wanted the certificates to wallpaper a room</p></blockquote><p></p>
[QUOTE="bluehdmc, post: 608579, member: 18471"] Is money invested in new facilities, vehicles, planes, etc taken out of aftertax profit? Or are these charges taken before gross profit is determined? I'm not an accountant and I understand they pay acct's big bucks to figure how to draw down these figures to lessen the corporate tax burden. I would think the after tax profit would be used for a prudent reserve, to buyback outstanding shares of stock to pay dividends and bonuses. Also I passed a poster that said something about 436,000 UPSers. That works out to about $1000+ plus PROFIT per employee the last quarter. To be posting reasonable returns in the present economy is fantastic. We're MAKING MONEY, how many other companies can say that? How does that compare with Fedex our biggest competitor? Didn't they lose money last quarter, many companies are flat. Remember what I said about emotions and stock purchases? People were still buying the old GM even though it was bankrupt and virtually worthless. Maybe they wanted the certificates to wallpaper a room [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Glad to pay union dues
Top