Clench your teeth together, please.

Now squeeze your bottle, and what happens?

Squeeze the balloon to make it soft.

Squeeze the balloon to make it soft.

Squeeze the balloon to make it soft.

Squeeze the rest of the balloon to make it soft.

Squeeze the rest of the balloon to make it soft.

Squeeze the balloon forcing the air inside to the very end of the flat tail.

If you push these heaps everyone see push them together so they are really interlaced, right?

Profit

Contribution Fixed overheads Profit

profit 0

Rapidly rising Average cost Rising profits Early adopters

Squeeze the balloon to force the air about two inch away from the first two bubbles.

Yeah, like this, and then make a fist and bump it like this.

Squeeze the balloons in one hand at the point where we want to make twist.

TOTAL RETURN

Profit practically

Gross margin Other expenses Net profit

Standard selling price

(') A adverse, F favourable variance

Indirect costs

Profits Customers Competitors

It's all gravy.

Speed up the payoff.

2004 saw ANA's profits exceed JAL's for the first time.

Let's split the profits.

This will surely be happiness supreme.

This will be a great fulfilment.

This will be the great achievement of success.

That is the mighty achievement.

That is the great success (Paradise).

That is the great attainment.

That is the supreme success.

That is the supreme achievement.

That indeed is the mighty triumph.'

That is the supreme triumph.

Pi is profits.

Who profits?

Where do the profits flow?

People, service, profit.

Reconciliation of budgeted and actual net profit Budgeted net profit

Net income loss

A clear profit of 7,500.

4,346 net profit, plus expenses...