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Friday, May 10, 2019 11:52:26 AM
"Buck now has one salesman, who takes over 50% of all gross profits he makes."
Your were sort of right(if you meant operating income) up to end of 2018.In 1q 2019,it dropped down to 46%( $38k/$82k) based on operating income, or 21%($38k/$180k) based on gross profits.
notes 1q 2019:
$82K operating income(mine)
$180K gross profit(yours)
y/y commission vs revenue:
2015 8%
2016 5%
2017 5%
2018 4%
2019 e3.5%??
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