Nate's Food Company (NHMD): First, a lender must be found so that JP...

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Re: Bobinsd post# 85883

Tuesday, 10/17/2023 2:10:07 PM

Tuesday, October 17, 2023 2:10:07 PM

First, a lender must be found so that JPE can buy the sugar. There may be taxes and other expenses involved. The goods are moved onto one or more ships and shipped to the buying company. At that point, the buyer pays the agreed upon amount. Then JPE pays back the lender plus interest, subtracts all the expenses involved, and what is left is profit.

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