Signature Devices Inc. (SDVI)

[ctvette2003]

Great news the only thing that bugs me is the 100% profit margin. No one makes 100$, you can mark something you 100% and make a 50% profit margin. But you cant have 100% as long as the product costs you something to make.
It amazes me how many people in business dont grasp this concept of the differance between markup and % profit.

Margin Percentage Example

Glen charges a 20% markup on all projects for his computer and software company which specializes in office setup. Glen has just taken a job with a company that wants to set up a large office space. The total cost needed to set up the space with computer and the respective software is $17,000. With a markup of 20% the selling price will be $20,400(see markup calculation for details). The margin percentage can be calculated as follows:

Margin Percentage = (20,400 – 17,000)/20,400 = 16.67%