Liberty Media, the parent company of the Atlanta Braves filed their 3rd Quarter financial report today as required by the Securities and Exchange Commission (SEC).
As usual, those looking at it chose to focus like a laser on a single number: revenue.
Revenue is a useful figure on these reports, but it’s hardly the most important thing worth consideration.
This is pretty simple – even for non-economics majors: let’s say that there’s a local Italian restaurant that you like visit. When you go, you always order the same thing: a sausage and pepperoni calzone…
- Normally, the price of this is $10.