Originally Posted by
TED74
A basic hypothetical…
Let’s say we have losses of $500M in each of the first two quarters, then profit of $100M in each of the last two quarters. I am being told we would get profit sharing on $200M of profits, as PS is calculated quarterly.
Is that right?
I believe it's calculated based off of the entire year. They were setting aside money each quarter when every quarter was profitable.
Edit: 3.I Calendar year plan calculated annually.