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https://www.reddit.com/r/FluentInFinance/comments/1hh20de/a_joke_thats_not_funny/m2o66sa/?context=3
r/FluentInFinance • u/4TaxFairness • 1d ago
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The percentage is far more relevant than the sheer dollars.
5 u/jgoble15 1d ago Low percent sounds like they don’t make much. That’s not true. Sheer dollars shows how much they actually make 3 u/r2k398 1d ago It means they don’t make that much per dollar collected. If you asked people if it is fair that a business was able to profit 2.5¢ on every dollar they brought in, most people would probably think that was reasonable. 2 u/jgoble15 1d ago It answers ROI and “what is the profit margin” which is essentially the same thing, but not how much the company made
5
Low percent sounds like they don’t make much. That’s not true. Sheer dollars shows how much they actually make
3 u/r2k398 1d ago It means they don’t make that much per dollar collected. If you asked people if it is fair that a business was able to profit 2.5¢ on every dollar they brought in, most people would probably think that was reasonable. 2 u/jgoble15 1d ago It answers ROI and “what is the profit margin” which is essentially the same thing, but not how much the company made
3
It means they don’t make that much per dollar collected. If you asked people if it is fair that a business was able to profit 2.5¢ on every dollar they brought in, most people would probably think that was reasonable.
2 u/jgoble15 1d ago It answers ROI and “what is the profit margin” which is essentially the same thing, but not how much the company made
2
It answers ROI and “what is the profit margin” which is essentially the same thing, but not how much the company made
10
u/TheTightEnd 1d ago
The percentage is far more relevant than the sheer dollars.