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Madhulk Posted 18 years ago
Vocabulary

projection

0Dominic: Have you seen the quarterly numbers? 02br
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00Lex: Yes, I have. We're twenty percent below projections. 02br
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00Dominic: And your father wants you to take drastic action.02br
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00What does Lex mean? Maybe they're 20% below production? And what are these quarterly numbers?0-
  

Top answer

0This is a conversation between two people. 02br 02br 00Companies keep their records on a monthly basis, as well as on a yearly basis, but they have to send figures to the government every three months (one quarter of a year). These are so the government doesn't have to wait until the end of the year to get some tax money.

— Avangi

  • 0This is a conversation between two people.
  • 02br 02br 00Companies keep their records on a monthly basis, as well as on a yearly basis, but they have to send figures to the government every three months (one quarter of a year).
  • These are so the government doesn't have to wait until the end of the year to get some tax money.
  • 02br 02br 00Companies make predictions as to what their quarterly profit will be (projections), and it's always big news when the actual results exceed or fall short of the prediction.
  • It has a big effect on the price or value of the company's stock.
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2 Answers
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0This is a conversation between two people. One is named "Dominic" and the other is named "Lex," as in Lex Luthor, Superman's famous nemesis.02br
02br
00Companies keep their records on a monthly basis, as well as on a yearly basis, but they have to send figures to the government every three months (one quarter of a year). These are so the government doesn't have to wait unt
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1b00Projections02b00 is fine. It means: 02br
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00We're twenty percent 01b00under/below the plan/target02b00. 0-
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