RE: [isp-wireless] First message - 900 MHz

[Brett Glass <isp-wireless@...>]

At 06:13 PM 2/26/2005, Chris Schmidt wrote:
  
>You're wrong, Brett.
>
>Gross Profit
>The gross profit is the total revenue subtracted by the cost of
>generating that revenue. It tells you how much money a business would
>have made if it didn't pay any other expenses such as salary, income
>taxes, etc.  
>
>Total Revenue (or Gross Income or Gross Revenue) minus Cost of Goods
>Sold (COGS) = Gross Profit
>
>So, his gross profit is whatever his gross income is (all the money he
>takes in) minus COGS (his lease costs, bandwidth, etc).

Profit, by definition, is not "gross." It is always net of costs.

In any event, the number Travis supplied was not his gross income minus
the cost of goods sold. He deducted only one cost from his gross income: 
the cost of renting the radios. He did not deduct any other costs.

--Brett Glass


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