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re: College Football Revenue
Posted on 8/27/15 at 6:20 pm to TexasAg13
Posted on 8/27/15 at 6:20 pm to TexasAg13
While I agree with your analysis of the definition and importance of profitability, you are off topic.
Athletic departments and therefore football programs are non-profit entities. Revenue generation is more important than profitability because generally speaking, non-profits are not expected to show profitability per se. Although, a balance sheet that shows the ability to operate without income for a good period of time is always healthy, profitability is not a priority.
Athletic departments and therefore football programs are non-profit entities. Revenue generation is more important than profitability because generally speaking, non-profits are not expected to show profitability per se. Although, a balance sheet that shows the ability to operate without income for a good period of time is always healthy, profitability is not a priority.
Posted on 8/27/15 at 6:38 pm to AgsNguyening
I guess I was completely off topic, because I wasn't talking about athelitic programs
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