The further down the profit and loss statement you travel, the more room for chicanery.

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Unbundled into five separate accountable units, each will have its own profit and loss statement.

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If you had a personal Profit and Loss Statement that depicted the value you bring to your company and the amount you cost your company taped to your back what do you suppose it would look like?

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Now 37 or so I was raised to believe that there were no barriers and that we could achieve whatever we chose, even if that was in business where a profit and loss statement drives your performance and required commitment to the company that you work for.

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In some ways, that effect is more pronounced than it used to be, with more and more of the elites drawn from a narrow class of extremely well-educated people from a handful of metropolitan areas, few of whom have ever, say, been responsible for a profit and loss statement, or tried to bring a gas station into compliance with local and federal EPA regulations.

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Each serves a single client and has its own profit-and-loss statement.

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It took a few hours, but investors finally did take a gander at the profit-and-loss statement.

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Center-Tainment on the other hand, has a market value of 130 million euros, and no known cash flow statement or profit and loss accounts to speak of.

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