Dialog
A: OK, so now the last point on our agenda. Jill, let’s go over the profit and loss statement.
B: Great. Well, the main issue here, as you can see, is that our expenses are through the roof.
A: Let’s see... These numbers are off the charts! What’s going on here!
B: Well, um, sir, the company expenditures on entertainment and travel are out of control. Look at these bills for example. Just this month we’ve paid over twenty thousand dollars for hotel charges!
A: OK, thank you. I’ll look into it.
B: The list goes on and on. Here, this is a bill for five thousand dollars for spa treatments!
A: Thank you; that will be all. I’ll take care of it.
B: Look at this one sir, eight thousand dollars were spent in one night at a place called ”Wild Things”?!
A: OK, I get it!! Thank you for your very thorough analysis!
Key Vocabulary
go over - phrase - revise, check
through the roof - phrase - suddenly very high
off the charts - phrase - very high
expenditures - common noun, plural - amount of money spent on something
out of control - phrase - not in control
look into - principle verb, Will Future - investigate, try to get information about something
go on and on - phrase - continues
take care of - principle - verb, Will Future - do something about
Supplementary Vocabulary
revenue - common noun, nonvariable - amount of money paid to a business
cash flow - common noun, nonvariable - the movement of money into and out of a business
the bottom line - phrase - the net profit; the amount of money a business makes after expenses
finances - common noun, nonvariable - the amount of money you have and how well it is organized
income - common noun, nonvariable - the amount of money a person or a company makes
assets - common noun, plural - things of value that are owned by a company