Posted On: 02/03/2016 1:58:07 AM
Post# of 96881
I think we have to agree to disagree on this matter. The $1 that NTEK gets, from what I understand, is the only REVENUE counted and is 100% margin profit. The other $4 would go into accounts payable and is given to paramount etc. It is not an expense. It is just basically a commission NTEK pays for doing this deal.
I don't know, maybe an accounting expert can help out here. I just clearly remember Aaron counting the $70 in revs from the $1 per movie, not $5.
I don't know, maybe an accounting expert can help out here. I just clearly remember Aaron counting the $70 in revs from the $1 per movie, not $5.
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