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Sunday, June 28, 2015 1:18:26 PM
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That $200K represents a 30%+ of gross revenues as net profit after taxes. Most companies never due more than 15-20%. Huge is a relative term. A 30% net net is 100-133% greater profit than only 15-20%. That means huge as compared to lower levels of ROI.
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Accounting is pretty complex at times, for sure!
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Hope that helps!
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