Birdwatch Note Rating
2024-03-21 14:51:08 UTC - NOT_HELPFUL
Rated by Participant: 986822E1908EA852D8AE11E742A91FA63BD22767ED78A62B38968386C9082992
Participant Details
Original Note:
Worker payments (salaries) are expenses, so are deducted from profit. Therefore, if the companies raised salaries, it would not directly change the percent of profit to shareholders. https://www.accountingcoach.com/blog/salaries-wages-expensest https://www.investopedia.com/ask/answers/101314/what-are-differences-between-gross-profit-and-net-income.asp
All Note Details