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treit2002

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treit2002

Re: RealDutch post# 30273

Tuesday, 02/19/2013 10:51:15 AM

Tuesday, February 19, 2013 10:51:15 AM

Post# of 163722


Isn't the cost of goods the cattle coming into the Xining facilities. So, you are actually calculating a margin of 40% on the gross margin, instead of total.

Same as the fish coming into the farms at 250g is the cost of goods used as the major expense determining the margin.
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