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Which sentence is correct, 'take a charge ON' or 'take a charge IN'? 1) Procter & Gamble announced that it was taking a $102 million after-tax charge ***on*** its third-quarter earnings because it was "badly burned" by two derivatives contracts. 2) Boeing will take an after-tax charge of $4.9 billion ***in*** its second-quarter earnings to cover concessions and other forms of compensation to customers. 3) Boeing To Book Massive Quarterly Loss As It Takes $4.9 Billion Charge ***On*** 737 MAX Fallout
Aug 5, 2019 8:33 AM
Answers · 2
It *should* be 'take a charge ON' in these examples, but sometimes you will hear or see 'take a charge IN' in less formal speech or writing. When you are applying a charge/tax to one number or to one event, then the general rule is you 'take a charge ON' that number. When you are applying a charge/tax DURING a period of time, then you 'take a charge IN' that period of time. In the first example, you are applying a charge to one number - 3rd quarter earnings - so the after-tax charge is applied ON this number. But like I said, you may hear 'IN' used in informal writing or conversation. But if you wish to be correct, you should say 'take a charge ON'. In the 2nd example, it is the same. You are applying a charge to one figure - 2nd quarter earnings - so it *should* be 'take a charge ON' in this sentence. In the 3rd example, you are applying the charge to one charge/event (financial fallout of 737s), so 'take a charge ON'.
August 5, 2019
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