Profit and Loss | Letters | Chicago Reader

Profit and Loss 

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


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.

Support Independent Chicago Journalism: Join the Reader Revolution

We speak Chicago to Chicagoans, but we couldn’t do it without your help. Every dollar you give helps us continue to explore and report on the diverse happenings of our city. Our reporters scour Chicago in search of what’s new, what’s now, and what’s next. Stay connected to our city’s pulse by joining the Reader Revolution.

Are you in?

  Reader Revolutionary $35/month →  
  Rabble Rouser $25/month →  
  Reader Radical $15/month →  
  Reader Rebel  $5/month  → 

Not ready to commit? Send us what you can!

 One-time donation  → 

Agenda Teaser

Performing Arts
July 15
Performing Arts
Henchpeople Jarvis Square Theater
July 09

Popular Stories