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Pastimes : Bad investing information/advice on the net contest

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To: Edwarda who wrote (112)10/13/1999 4:04:00 PM
From: The Other Analyst  Read Replies (1) of 214
 
IBM has this little gem in their glossary.
They have a site at
ibm.com
It is a glossary within a "Guide to Understanding Financials"
Here is a sample entry from this otherwise pretty good quality resource:

revenue. The total flow of funds into a company, mostly for sales of its goods or services. Listed
as the first category on the statement of earnings.


A flow of funds into a company could include receipt of money from a debt or equity offering, interest income, or proceeds from an asset sale. These examples would not be classified as revenue.
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