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Isn't Amazon running on razor thin margins? That cashflow has to come from somewhere. His wealth is paper money. Paying them more would require giving up owne
by hfjcic7 4y ago
Isn't Amazon running on razor thin margins?
That cashflow has to come from somewhere.
His wealth is paper money. Paying them more would require giving up ownership of the company.
- phone8675309 4y agoAmazon is making record profits and is able to deliver tons of money annually to shareholders and Bezos, so I don’t buy that there’s a cashflow problem here.
- justsomehnguy 4y agoRevenue $469.822 billion (2021) Operating income $24.879 billion (2021) Net income $33.364 billion (2021) Number of employees U.S.: 950,000 (June 2021) (($33.364 billion (US dollars))/(950000 people))/(12 months) $2927 per month per person (US dollars per month per person) $96.22 per day per person (US dollars per day per person) $673.5 per week per person (US dollars per week per person) Can you define your understanding of the term 'razor thin margins'?