But, no matter which way you slice this, Travis has a bunch more
customers on his service and he is getting a profit he would otherwise
not have.Which is the point he was making.
I bet you wouldn't pass up an oportunity to add 30 customers to your
network.
George
Brett Glass wrote:
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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Replies
Re: [isp-wireless] First message - 900 MHz, Brett Glass
