Profit and Loss | Letters | Chicago Reader

Profit and Loss 

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To the editors:

Re your article "Executive Pay" in Hot Type [April 17]; How can a company's net income fall 126 percent? I wanted to write Cecil Adams but never can understand his answers to math questions.

Bob Brooks

Evanston

Michael Miner replies:

Doggone it, neither can I. But this one isn't hard. Say Company X makes $100 in 1990 and loses $26 in '91. Net income has dropped 126 percent.

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