It is a labor to task the faculties of a man — such problems of profit and loss, of interest, of tare and tret,(8) and gauging of all kinds in it, as demand a universal knowledge.
The package of notes not being found when five o'clock sounded from the ponderous clock in the " drawing office, " the amount was passed to the account of profit and loss.
They've got the usual profit and loss statements for the investors and the executive, but it's their other two P and Ls that make them a little bit special.
The " top line" means the total amount of money that the company received during a certain amount of time; it's shown at the top of a profit and loss statement.
And by that I mean that businesses historically, in line with the economist Milton Friedman's thinking, have tended to just focus on shareholders and profit and loss in a very narrow way.
I'm supposed to use the information from this profit and loss statement to make some projections about the company's future performance for our report, but I'm not sure what I'm doing.