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Re: Snelly post# 3581

Tuesday, 06/08/2021 1:49:22 PM

Tuesday, June 08, 2021 1:49:22 PM

Post# of 3654
In the financials it has $45,000 in revenue and cost of sales is $31,492 then they have the Gross Profit as $76,492.

It appears that whomever did the financials added the Cost of Sales to the revenue instead of subtracting it.

The Gross Profit should be $13,508.

Plus they didn't include the SGA which would also be subtracted from the revenue - which would be Losses from Operations.

IG

So..we're throwing that spinning shit now!