JG your calculation omits some things. Most things actually.
If you've ever run a business you know it is possible (even likely) to take in a large gross collections. But depending on costs, there can be little or no profit.
I have no knowledge of the profit margins of this company. But of that $3500, how much is cost of materials, machine time, machine tools and power, machine shop rent, testing, anodizing, employee salaries, business licenses and taxes, etc?
If you've ever run a business you know it is possible (even likely) to take in a large gross collections. But depending on costs, there can be little or no profit.
I have no knowledge of the profit margins of this company. But of that $3500, how much is cost of materials, machine time, machine tools and power, machine shop rent, testing, anodizing, employee salaries, business licenses and taxes, etc?
Upvote 0