Wholesale prices had been basically flat.

What do you mean, to a distributor?

Okay, so he's a distributor.

I turned him out at the streetlevel, but this dude's like the Jeffersons moving' on up.

Cost

So for some industries, distributors play a pivotal role in the distribution of the product.

So this is the same thing. So I said 3 and, 750,000 cupcakes and my cost was a 1.05.

A retail merchant buys wholesale and sells retail.

Major drug trafficker in Panama. He was supplying to someone on this aircraft.

So it actually computes what we need it to compute.

I should be doing this in red, I'm not being consistent.

The wholesalers might try to back out of the deal.

Yes. Yes. That's what we need.

loans together and it folded it into a big, kind of did it on a wholesale basis it's sold a thousand

So that would be 1 million of revenue coming into the door per year.

What I'm trying to say is that he's a distributor, right? He's a...

So if I have a million cupcakes let me do this in red, I said I would do this in red.

Then you're just handing checks out to your cupcake eaters.

Alright?

And this is what you'll see if you actually look at income statements for public companies.

You'll see something like cost of goods or variable costs.

I will accept your money when it only comes from selling flowers.

Thank you.

But this is, of course, an optimistic scenario. Let's think of other scenarios.

Fetch Missing Covers

Alan Marciano.

So this is a break even scenario, where I sell 500,000 cupcakes at 2 per cupcake, with this being the cost of goods.

So I am able to charge 2 per cupcake, so my revenue is equal to 2 million per year. Right?

Let's say there's very little labor at my factory.

All this forms part of a culture of prostitution.

All we can do now is pray...

Retrieve

You sell the widget. You give a customer a widget, and they give you some money.

The new model will retail for 30,000 yen.

We know how much it takes to build our product.

And your cost of producing that incremental cupcake is a lot lower, so you're just like, well, as long as I charge something more than that,

In our next line of business let's make it our strategy to win by losing.

Now we don't use that because we're stupid, we use it because the limitations of pressurized water mean that you can't get it all that hot.

I'll give you some examples.

(GUNSHOT)

Today as the spike in the price of oil

I'll just call it overhead. I'll make it red because it's an expense.

Getting the Frob

Getting the token

Fetching Cover