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Brabo

04/07/11 11:07 AM

#13577 RE: kidnova #13543

In this case net income on sales of 10 millions units would be much much higher than 20%
Sales of 10 millions units would represent 100 million gross margin.
Unless CEO is paid 50 millions a year, you would still be looking at a profit of 90 - 95 millions a year