@corkus

I build robots

 San Francisco, CA
carbon.ai
Joined May 2008
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DARPA unveils ‘extreme’ in-hub electric motors for vehicles with military applications | Electrek electrek.co/2018/07/21/darpa…

DARPA unveils 'extreme' in-hub electric motors for vehicles with military applications

The military has often led the development of technologies for defense and warfare, but it hasn’t so much been the...

electrek.co
Dan Corkum retweeted
Forbes
@Forbes18 Oct 2016
Who will become the Thomas Edison of the 21st century? These #Under30Summit panelists are working on it: on.forbes.com/601988ExR
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These 4 young inventors aim to be the next Edisons: on.forbes.com/601288KMI #Under30Summit
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I'm using the #Acceleread iPad app to boost my reading speed! www.acceleread.com
difference between total variable costs and total sales = contribution. Break-even when contribution = fixed costs
depreciation & overhead have to go into WIP cogs; they can't be expensed until sold!
volume variance, purchase variance, yield variance, labour variance, scrap variance, (product) mix variance
depreciation & overhead go into COGS, but only overhead goes into A/P
depreciation of production equipment is a COGS expense
When starting up, book worker salaries to SG&A. They can't go into inventory until production starts
Claims of any stockholder are junior to claims of bondholders or other creditors
Preferred stockholders do not usually have a right to vote for directors
selling stock is the closest thing to printing money a company can do, unless you misrepresent the value of the stock, which = jail
difference between new borrowings and loans repaid = net borrowings
cash uses = operating activities, financial activities, capital investments, taxes
cash sources = operating activities and financing activities
With the books on a cash basis, the income statement and cash flow statement are the same
interest on a loan or on cash in bank is a non-operating expense / income. Reported just below income from operations
Gross - Expenses = Income from operations
SG&A = sales, general and administrative expense
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