BoatBanter.com - View Single Post

F.O.A.D.

On 6/23/13 4:34 PM, wrote:
On Sat, 22 Jun 2013 08:16:57 -0400, "F.O.A.D." wrote:

That $9.00 price point was keystoned, so the stores were paying $4.50 a
shirt. The manufacturer was making a profit at $4.50 and the workers
were supporting their families.

===

Your math and/or word usage is incorrect. The manufacturer had
"revenue" of $4.50 a shirt. Profit is revenue minus expenses.
Expenses are considerable and consist of things like labor, raw
materials, energy, administration, amortization/depreciation of
machinery/property, etc.

Your reading skills are lacking. I didn't state the manufacturer was
making a profit *of* $4.50. I said he was making a profit *at* $4.50.