When the arithmetic mean is used to calculate this, it can be misleading because the salaries can be widely spread. Thus it may happen that 10% of the class have gotten excellent job offers while half the class is without jobs. Even in such a scenario, the mean salary can be a good number, but it hides facts behind it.
âGame of Thrones is a piece of the puzzle,â Pursel said. Time Warner owns HBO, which owns the television rights to the GOT franchise. In early February 2014, Time Warner formally released financial results for HBO. For 2013, HBOâs revenues were $4.9 billion with operating income of $1.7 billion.
Calculating a profit. A profit is made when something is sold for more than it cost to buy. It is the money made on a deal. When money is lost on a deal, it is called a loss. To work out how much profit is made on something you have to first find out how much it cost, then how much it was sold for. The difference between these two is the profit, or loss. Have a look at the example below. Example. A greengrocer bought 8 bunches of grapes for Â£6.24 and was able to sell them all for Â£1.20 per bunch. How much profit did the greengrocer make? Selling price = 8 x Â£1.20 = Â£9.60. Profit = Â£9.60 - Â£6.24 = Â£3.36