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Re: booger post# 146771

Saturday, 11/04/2006 5:09:43 PM

Saturday, November 04, 2006 5:09:43 PM

Post# of 311080
booger: I think most acountants will say that the 98,000,000 would be stated as revenue, cost of sales would be minus 10% (approx. for board discussion) and the gross profit would be 98,000. The good news: on drop-ship broker deals is that expense is very low as compaired to shipment where you are making a delivery from your own inventory. In other words, much of the 98,000 drops to the bottom line of net profit (bf taxes) Hope that helps.

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