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re: LSU Athletic Department donated 45% of its 2012 profits to the University
Posted on 12/13/12 at 10:10 am to Golfer
Posted on 12/13/12 at 10:10 am to Golfer
quote:
According to Mark Ewing, the LSU athletic department’s chief financial officer, LSU’s $18.3 million profit came before the department donated approximately $8.2 million to the academic side of the university.
why not donate 100% of the profits?
Aren't profits the money left over after realizing operating costs? Why do they need to keep, "profits"
2
Posted on 12/13/12 at 10:11 am to CptBengal
So the Ad kept 10 million in profits?
Posted on 12/13/12 at 1:48 pm to CptBengal
quote:
why not donate 100% of the profits? Aren't profits the money left over after realizing operating costs? Why do they need to keep, "profits"
Can you say, "rainy day"?
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