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July 29, 2014

July 29, 2014

Posted by **fay** on Friday, July 6, 2012 at 7:24pm.

- math -
**Steve**, Friday, July 6, 2012 at 11:34pmcost: 75750 + 50000*3.20

revenue: 50000*8.99

profit: 50000*(8.99-3.20) - 75750 = 213,750

Technically, this is the gross profit. If you subtract other costs like taxes, insurance, etc. what's left is the net profit. Gross profit is just based on the revenue/cost of goods, and does not include other, maybe variable costs.

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