RCU Forums - View Single Post - Interesting data on 2014 AMA Financial/tax statement
Old 08-12-2016, 11:23 AM
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init4fun
 
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Originally Posted by franklin_m
That might have been printing expenses, but I'm still digging.

Did you see "Net unrealized gains (losses) on investments? Part XI, line 5: -$838,620
Looks like they offset about $200K of that through inventory ($100K) and another ($100K in sales).
I'm sorry Franklin but I don't understand this post because I'm not really good with finances , in fact I've been described as being like "A Sailor or shore leave" with money by a friend who was a Sailor and I always took that as a compliment . Anyway , am I seeing that we lost $838K but only really lost $638K in after tax money because of this $200K "offset" ? Remember , your talking to a Mechanic here and not a tax consultant , so you may well have to club me over the head with your point if you want it to sink in

Last edited by RCKen; 08-16-2016 at 12:34 PM.