Quote:
Originally posted by robertthebard:
I am not being a tool. 963 million is not even close to 100% of 629 billion dollars. In fact, if I round the 963 up to the closest billion, it's only going to knock 1 billion off the amount, leaving a difference of 628 billion. I suggest you read what you posted before you accuse me of being a tool. Math is best done with a calculator, but even without one, I can see the discrepency in what you posted, and what is claimed.
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Is reading comprehension a lost art?
963 divided by 628 is actually 153.34394% so I rounded that to 150%
650 divided by 518 is actually 125.4826255% so I rounded that to 120%
I said "That's a reinvestment rate of 120 to 150% of net income" so without a calculator that's pretty close. It was late, I did it quickly and I still got within 5.5 percent.
You STILL miss the big picture and are simply nitpicking numbers Robert. The previous poster claimed that there was NO reinvestment. I just showed that not only IS there reinvestment but it exceeds net income. Instead you want to focus on a trivially small differnce in percentages. Give me a break!