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Have just checked financials of one of the providers. It appears that at least 50% of it goes to Sales General and Administrative expenses. Those don’t include
by notimetorelax 3y ago
Have just checked financials of one of the providers. It appears that at least 50% of it goes to Sales General and Administrative expenses. Those don’t include educator salaries, buildings, or material. Those are all “admin” expenses.
Oh and another 14% gets invested - buildings and securities.