Quote:
Originally Posted by will76
Dyna mo... do you know the difference between SALES and PROFIT ???? The parent company may do 60 million in SALES but it might have cost the parent company 70 million to make those sales. The damn thing you quoted about cash cows says PROFIT not sales. Give it up already and spend a little more time reading and understanding instead of trying to argue.
What you quoted actually explains GFY to the tee. " This profit far exceeds the amount necessary to maintain the cash cow business, and the excess is used by the business for other purposes. "
LOL that is what is happening, the money they are making from GFY is probably going to pay the bills to keep the lights on at the mansion and to help pay a lot of other people's salaries ;)
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classic. you left out the key to the term.
will, i never asked for a lesson, so spare me the elitist bullshit like you are a financial wizard. you assume way too much.

