3 ms·
Where'd you get that data? The google finance page seems to state 7.99% not 79% in 2011. You sure you didn't misplace a decimal?
by HaloZero 15y ago
Where'd you get that data? The google finance page seems to state 7.99% not 79% in 2011. You sure you didn't misplace a decimal?
- jonknee 15y agoGross profit just counts cost of goods sold, not expenses like your employees. Cosmetics are high make up on a marginal basis, but involve lots of boots on the ground and advertising. Their Net Income is what you and I were talking about and is not outrageous at all. (This is fairly similar to drug companies--very high marginal costs but in the end very normal profits.)
- hollerith 15y agoAgreed, but instead of "very high marginal costs", you meant, "very high marginal income" or "very high gross profit".