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Joined 1 year ago
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Cake day: June 21st, 2023

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  • #2 and 3 don’t actually happen since it can’t be recorded on the P&L.

    The donation would get recorded to cash and offset to a liability account, probably something named Charitable Donations Payable likely with a subaccount for the specific programs.

    Overall, the effect is essentially the same, though. Fwiw, I like to use the same comparison as you did to show to people how dumb this belief is.

    The individual who donated at the register also is allowed to claim the donation when they file their taxes.



  • droans@lemmy.worldtomemes@lemmy.worldIt was so bright and helpful
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    2 months ago

    I knew Google started ignoring double quotes for required text years ago, but I found out yesterday that it doesn’t even think “site:xyz.com” needs to be followed.

    I was researching something and saw some Reddit posts. Clicked below it to view results from Reddit and a third of them were other websites.




  • If the slide has all the information, then it’s a poor slide deck.

    The slides are supposed to be an outline. The rule of thumb is max seven lines and max seven words per line.

    Here’s a couple examples.

    Good slide:

    • Revenue: -10% vs Estimate
    • Industry trends
    • Low demand for new products
    • Strong demand for XYZ

    Also good slide, depending on who you’re presenting to:

    • Revenue: -10% vs Estimate
    • Industry: -3%
    • New products: -30%
    • XYZ: +4%

    Bad slide:

    • Revenue is 10% below estimate
    • Industry has seen a 3% drop in sales
    • New products ABC and MNO have had a 30% lower demand than we expected
    • Product XYZ has higher demand than anticipated with sales 4% higher than estimate

    All the extra information on the bad slide can be delivered by the presenter. It’s not necessary on the slide. The slide is for people to glance at to assist them during and after the presentation and to help them anchor themselves in the discussion.





  • droans@lemmy.worldtoMemes@sopuli.xyzI'm working on it, ok?
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    3 months ago

    You will never make more interest on an investment than you will get charged interest for the same amount as a loan. Ever. It does not happen.

    This is barely more accurate than a coin flip. Until 2021, it wasn’t that difficult to find loans with rates under 5%. Anything under 4% is basically free money and you’re normally better off investing in something low risk than to pay extra.

    So for me to sit on money that could go towards paying down debts, I’m just needlessly paying more in interest than I would be otherwise.

    If you don’t have any emergency funds, or not enough to cover a single large emergency, this is dumb. Cars break, roofs leak, etc. Even if you have an emergency where you can pay on credit, you’ll likely be looking at credit card interest rates. Or, you lose your job. Fun fact, most job loses occur when the economy is struggling. Another fun fact, most investments are doing really fucking poorly when the economy is struggling.

    Keep some money on hand in case something happens.