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How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. In simple terms, that means the cannabis industry taxable income is closer to its revenue rather than profit. Transportation costs.

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US Airlines: 2020 Losses May Land Above $35 Billion

PYMNTS

airlines are likely to lose more than $35 billion in 2020, CNBC reported, citing public documents and analysts' forecasts. Citing industry analysts, CNBC reported that Southwest, Delta and Alaska are likely to return to profitability during the course of 2021. According to the recent post, U.S.

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The Outlook for Diesel: Supply Woes Aren’t Going Away Soon

CFO News Room

Retail diesel prices soared to an all-time high of $5.816 a gallon last June 19, part of the big run-up in energy costs following Russia’s invasion of Ukraine that strained transportation budgets and fed inflationary pressures.

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Inventory Management in Manufacturing

VCFO

That’s because inventory is a key driver of several profit & loss (P&L) statement components, from revenue all the way down to net profit. raw material, inbound freight, internal transport costs) All conversion costs (e.g., A key measure in this area is the Finished Goods Inventory Cost.

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No Lift For Lyft Following Q1 Earnings Report

PYMNTS

million in the first quarter or year ago, and losses were $1.1 Adjusted results (backing out stock compensation, for example) still showed losses to the tune of $211 million, which translated to a bit more than $9 a share. Analysts had expected revenues of $740 million and losses of $3.77 trillion and of that $1.2

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How Generative AI is Impacting the Digital Solutions Economy

Bramasol

Predictive Analytics: Predictive analytics are used to forecast and manage potential future issues such as customer churn. Predictive analytics also are used to forecast demand, identify market trends, and optimize supply chain management.

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Lyft’s Revenue Per Rider Up Amid More ‘Rational’ Ride Hailing Market

PYMNTS

The transportation company reported results Wednesday (Aug. 7) that topped expectations amid narrowing losses. The adjusted loss per share was better than Wall Street had seen, too, at 68 cents, while the Street had forecast $1 a share in losses. million, better than the $809.4 million Wall Street expected.