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Re: jufel post# 7154

Saturday, 01/13/2018 6:26:15 PM

Saturday, January 13, 2018 6:26:15 PM

Post# of 8827
Again...

GROSS PROFIT IS NOT ACTUAL PROFIT!

If a company sells 100 cans of sardines for $1.25/each that they bought for $1/each... their gross profit is $25. If their shipping cost is $100, THEY LOST $75!

Gross profit is irrelevant if costs exceed the gross profit!

Finance 101...