Herald Sun Form Guides

Profit $16000

Percentages can be confusing - as it depends what your reference point is. For example - margins in business. We currently work on roughly 50 % gross margin how I look at it. If we buy grass for $10/m2 into warehouse & sell for $20/m2 - then i say we have a 50% gross margin. My partner says we have 100% margin. The reality is we have a 50% margin vs Selling price & a 100% margin vs Cost price. These are Gross margins - direct into warehouse product margins only.

If you then include all other costs including leasing, wages, office costs, cars etc you are left with Net Margins.

It can be confusing for us non-accounting types

He's made three fortunes in his life: the first selling IT software into the Victorian education system, his second as dealer in industrial and commercial real estate, and his last as co-founder and chairman of a major Australian food franchise.  

Another successfully practiced as a barrister specializing in criminal law for 27 years before co-hosting Melbourne's highest rating breakfast radio show for another 20 years.  

The third was Australian CEO of accounting house behemoth Price Waterhouse and inaugural CEO of Price Waterhouse Coopers, past trustee of the MCG Trust, and later non-executive director of a series of Australian and international companies.  

And guess I'm just there to make up the numbers.    

 

She only explained recently how "tinnie" she is  

If he bought $100k @ 3c a share.

He owned 3.3M shares

 

 

So total shares 3.33 million @ 3c = $100 k (as Rusty says)

So 3.33 @ 19c = $633 k

Profit $533 k

Rule 101 - pay attention to the question

 

I wish

Not without consequences though 

Lost my job as a porn star.

Well what a relief for you JJ.