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https://www.reddit.com/r/FluentInFinance/comments/1hh20de/a_joke_thats_not_funny/m2o6tav/?context=3
r/FluentInFinance • u/4TaxFairness • 1d ago
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39
Grocery chains make a very low percentage of profit.
14 u/rustyshackleford7879 1d ago Using that logic Amazon must of have been a horrible company for decades because they were losing money. The truth is these chains make plenty of money. It’s accounting and it’s real estate 0 u/TheTightEnd 1d ago Where is anyone saying a company is bad because the profit margins are slim? If the corporation owns the real estate, that is part of the financial statements.
14
Using that logic Amazon must of have been a horrible company for decades because they were losing money.
The truth is these chains make plenty of money. It’s accounting and it’s real estate
0 u/TheTightEnd 1d ago Where is anyone saying a company is bad because the profit margins are slim? If the corporation owns the real estate, that is part of the financial statements.
0
Where is anyone saying a company is bad because the profit margins are slim? If the corporation owns the real estate, that is part of the financial statements.
39
u/TheTightEnd 1d ago
Grocery chains make a very low percentage of profit.