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Principles of Finance Videos 156 videos
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Principles of Finance: Unit 1, Income Statements: Margin, Operating Profits, and More 47 Views
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Description:
What is an income statement, and why do we need it in our lives? Well, let's take a look at an income statement for Year 1 of the Sauce Company, and see how they track overhead, revenues per unit, operating profits, and whatnot. Especially the whatnot.
Transcript
- 00:00
commas are awesome. they're like the therapists of punctuation. he's
- 00:07
reminding us to slow down, and take a breath, every once in, a while. but just [couches converse]
- 00:14
because we love them does that mean we should be throwing a million of them
- 00:17
into our writing absolutely not? yes commas are great but there are some
- 00:21
places where they're helpful in some places where they're just not. one place [man holds up hands]
Full Transcript
- 00:26
for commas? well lists with three or more items. every item in the list gets
- 00:30
separated with a comma. can't have them getting too cozy on the job there right?
- 00:34
so if you have a sentence like John picked up butter eggs and a big bucket
- 00:39
of grease, well you'll definitely want a comma right after butter to separate the
- 00:43
first two items. and another one right after eggs to separate the last two. [sentences on screen]
- 00:47
whether John's wife will definitely want that big bucket of grease well that's
- 00:51
another story. if your list is only two items long though you shouldn't use any
- 00:55
commas. so if our sentence had been John picked up butter and a big bucket of
- 01:00
grease well it should remain a completely comma free. it'd be nice if
- 01:04
John's home would remain completely free of buckets of grease, but hey you can't [man covers counters with buckets]
- 01:09
have everything. another good place for comma is between two independent clauses
- 01:13
joined by a conjunction. remember independent clauses can stand
- 01:16
by themselves expressing a complete thought like it was rainy out, or I
- 01:21
brought an umbrella. so if we wanted to join these two independent clauses with
- 01:27
a conjunction like so, we'd need to slip a comma between them right after out. if [sentences on screen]
- 01:32
it's really rainy you might also want to slip on a pair of rubber boots, and no
- 01:36
that's not a matter of good grammar just dry socks. on the other hand if we have
- 01:40
two independent clauses that aren't joined by a conjunction we don't need
- 01:43
any commas. so if we tried to join the independent clauses I was so tired and I
- 01:47
forgot my boots. throwing a comma between them would be a mistake which we call a
- 01:52
comma splice. and those are even worse than wet socks well you know that depends how you feel about [frowning kid in the rain]
- 01:57
bad grammar. we could also use commas to separate a non-restrictive element from
- 02:01
the rest of the sentence. well a non-restrictive element is
- 02:04
something we can cut right out of a sentence without changing its meaning.
- 02:08
for example in a sentence like the dog which I got from the pound can do five
- 02:13
tricks. which I got from the pound is a non-restrictive element because the [sentences on screen]
- 02:17
sentence would still be complete as the dog can do five tricks so we'd need to
- 02:22
separate the non-restrictive element from the rest of the sentence with a
- 02:25
couple of commas. of course if one of the dogs tricks is
- 02:28
separating no constrictive elements while he might have already done it for [dog wags tail]
- 02:32
you. good boy. however comma shouldn't always be used
- 02:35
for separating especially if you've got a dependent clause or a restrictive
- 02:38
element on your hands. in a sentence like the dog caught a frisbee while I was
- 02:43
tying my shoelaces, well, while I was tying my shoelaces is a dependent clause
- 02:47
so the sentence should remain comma free. similarly in a sentence like the
- 02:52
shoelace I was tying turned to dust. I was tying is important to
- 02:57
understanding the sentence. so it's a restrictive element which means no
- 03:01
commas. although we might think about getting new shoelaces. pretty tough to [man ties shoes]
- 03:05
tie dust into a nice bow.
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