3 ms·
What did the records cost you in the first place? Speaking of ROI, that's part of your investment as well ;-)
by rizz0 14y ago
What did the records cost you in the first place? Speaking of ROI, that's part of your investment as well ;-)
- rm999 14y agoDecent point, but the records were a liability for him, their value to him was probably ~0. From that context the revenue was almost pure profit.
- pavel_lishin 14y agoSo he lost the original amount he paid for the records, because the value went from $COST_OF_RECORDS to 0. That still has to be considered.
- briandear 14y agoThose records were an asset. He paid $2000 or so for the records and they had a demonstrable market value of $10,000 (he sold them.) The liquidity could be questioned, but it wasn't a liability.