3 ms·

Did you just confuse revenue with earnings?

• Spooky23 14y ago
  You're talking about $3M of additional cost with $60M in revenue. What does that mean in reality? You either take a margin hit, or enhance the margins by raising prices and changing product mix. Also consider that minimum wage folks proportionally spend alot of money where they work. If Wal-Mart adds $3M in payroll, they're getting alot of it back as sales.