> Income is what you sit with after all the expenses and taxes have been deducted from the retail price. That’s the net income. That word is doing a job there!

> Income is what you sit with after all the expenses and taxes have been deducted from the retail price. That’s the net income. That word is doing a job there! > Your operating margins would be $45 / $250 = 18% No, that’s the profit margin or net margin.