Originally Posted by
vegabondpilot
Ok, my bad. Based on how you were using the term "profit" I assumed you referring to the GAAP definition of Net Income (which is typically synonymous). That also happens to be how UA/DL/B6 calculate profit sharing. Well, more accurately they use the term "pre-tax profit" which they define as Net Income before taxes so they can deduct the profit sharing payment. But, it's based on Net Income.
Don't confuse your lack of accounting 101 knowledge for my deficiency in English. Lulz.
Well seeing that in the US and I assume most places “net income” is post tax, what you meant was “gross income” so good job f’ing that up as well.