What he says you should do instead is to take the geometric average of gross returns.
应该采取的是采用总回报的几何平均值。
That means gross returns will be lower than in the golden days of the industry when internal rates of return reached 30-50%.
那意味着，此时的毛收益要低于私人股本黄金时期，那时的内部收益率达到30%至50%。
Because of the high fees they charge, hedge funds need to make big gross returns to deliver decent net returns to their clients.
由于对冲基金收取很高的管理费，它们必须获得非常高的毛回报才能带给客户令人满意的净回报。
Although gross margin was reduced up front, the bottom line impact of avoiding all the costly end-of-season retail returns actually improved the company's bottom line.
虽然在最前面总利润会下降，但是避免所有季末零售退货影响的底线实际上会提高公司的底线。
Gross envisions a "new normal" where growth is slower, profit margins are narrower and asset returns are smaller than in decades past.
Gross预测将有一个“新的常态”：和过去几十年相比，增长会更慢，利润空间会更狭窄，资产回报会更少。
The following example returns the Reseller Sales Measure for the top five selling subcategories of products, irrespective of hierarchy, based on Reseller Gross Profit.
下例根据分销商毛利润，返回前五个产品销售子类别的分销商销售额度量值，而不管层次结构如何。
The profit statement analysis focuses on gross profit rate, period expenses, returns on investments etc.
利润表分析主要从毛利率、期间费用、投资收益等方面进行分析。
An important feature of the income statement is the fact that returns allowances, and most discounts are offsets to gross sales.
利润表的一个重要特征是销售退回、折让以及折扣要从总销售额中予以递减。
The term "net sales" shall mean gross sales less quantity iscounts and returns, but no deduction shall be made for cash or other iscounts or uncollectible accounts.
“净销售额”指总销售额减去数量折扣和利润，但不包括现金折扣和不可收帐目折扣。
The IRS data, based on a large sample of tax returns, are for 'adjusted gross income, ' which is income after some deductions, such as for alimony and contributions to individual retirement accounts.
美国国税局的上述数据是在对退税数据进行抽样调查后得出的，是统计“调整后毛收入”的副产品。这一收入是指总收入减去赡养费和个人退休帐户缴款等无需纳税部分后的收入。
The IRS data, based on a large sample of tax returns, are for 'adjusted gross income, ' which is income after some deductions, such as for alimony and contributions to individual retirement accounts.
美国国税局的上述数据是在对退税数据进行抽样调查后得出的，是统计“调整后毛收入”的副产品。这一收入是指总收入减去赡养费和个人退休帐户缴款等无需纳税部分后的收入。
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