4 ms·
* 20% * Holy cow.
by rbobby 6y ago
* 20% *
Holy cow.
- airhead969 6y ago20% of gross is typically 40% of net (since it can't be paid for by anyone else but the merchant) at 100% markup. That's like lending 40% of equity to your electric company. I don't understand why any business would willingly do that other than business ignorance or technical laziness.