Recent comments in /f/dataisbeautiful

ErieSpirit t1_jabyer7 wrote

A couple of points:

  1. That line item just says taxes, so more than just federal income tax. Could include payroll taxes, local taxes, foreign taxes. It also can include past year accruals.

  2. One can't tell what they paid in federal income taxes, or what percentage, without seeing their 1120 tax return, which is not public.

  3. I assume this graphic represents what is on their 10k SEC filing. This would be done with accounting standards such as GAAP. The IRS has their own accounting standards for tax purposes, which are different than GAAP. Their 1120 tax return may not reflect the same numbers as shown here.

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IncomeStatementGuy OP t1_jabx6aw wrote

Cost of revenue contains costs that are directly needed to produce and distribute the product or service. For software companies, this contains for example server costs.

For an auto company that would contain the bill of material for the cars and the salaries of the manufacturing workers (but not the salaries of R&D engineers and management as they are not directly needed to produce the cars).

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the_ill_buck_fifty t1_jabuvx0 wrote

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NoWayNotThisAgain t1_jabuhv0 wrote

You’re wrong lol.

It was the name of a valley in the Aztec empire and New Mexico had the name long before Mexico did.

the name "Mexico" itself derives from Nahuatl, and in that language it originally referred to the heartland of the Empire of the Mexicas (Aztec Empire) in the Valley of Mexico

While there were a number of pre-Colombian civilizations that built cities there, the city in the valley that everyone (well… everyone who is educated) has heard of was called Tenochititlan.

A simple google search could have stopped you from making a fool of yourself lol 😂😂😂

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pierced_mirror t1_jabt0ig wrote

Valley of Mexico was so named because of the City State of Mexico-Tenochtitlan. In the colonial period former Aztec empire lands became the Kingdom of Mexico which fell under the Viceroy. It's poor history to say that Mexico is an invention of the 19th century or that New Mexico is older than Mexico.

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Spoonerism86 t1_jabok4o wrote

That's not wrong, only different. There are several countries where you can make a living as a courier without tip, so context matters a lot.

Also if a business cannot afford paying proper wages to its employees then it shouldn't be in business in the first place. It is sickening that people working in hospitality have to rely on the goodwill of customers to survive.

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