Fair enough.

And it has been a powerful marketplace differentiator, increasing sales and profits.

So my operating profit is really my profit because I don't have to pay taxes on it.

Minus 50,000.

So I'll do a line here. I'll subtract that from that.

And I think you already get the sense that the lower the

And I'll write it as a negative number because we're going to subtract it from the gross profit.

The company earned 300 million on sales of 4,000 million.

It is a better business model.

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,

But you married him.

In order for this to come out to be zero, the gross profit has to be 500,000.

Mom and pop stores will turn a profit in the new fiscal year.

Why wouldn't I just pour all of my money?

I made a good profit by selling my car.

And when they produce their crops, they sell the surplus on marketplaces.

There is no doubt about what they have done.

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

But when you lower the Price to Earnings you are increasing the Earnings to Price.

So that's a little bit of a taste of why someone might realistically, in this case, pay a higher Price to Earnings for safety.

If you and I one sell individually what little we produce,

And so I had a total expense or total cost of goods sold of 1 million.

And we helped him build a company, for profit, that would build on IDE's knowledge, and start looking at sales and exports, and be able to tap into other kinds of capital.

But for our sake, let's just say that when you give the widget, you have earned the money that they give you, and that's revenue sales.

A looked expensive.

We don't trust America anymore.

He made a profit of ten thousand dollars on the sale.

And, they could actually push off that utilization and get more profit, by maybe raising prices.

I made a good profit by selling my car.

So what's the profit going to be? So let me write this down.

So, you're selling costs were embedded here, this was the commission or direct sales costs or whatever you were paying your direct sales people and you made 37 selling directly.

Before I think about how much does it cost for me, all of the overhead expenses.

In proportion as the sales increase, the profit will rise.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

The rise in house prices enabled him to sell his house at a big profit.

And then they benefit through the exposure, advertising and linked sales.

That's kind of a lot of money

This is a pretty profitable business, more profitable than most.

Anyway, I want to leave you there.

Maybe Toyota has an incentive there, but even Toyota is making more money off the luxury cars, and less money off the cheaper cars.

Minus 500,000.

Or if we just wanted to round to the nearest penny, since we're talking about selling something, this optimal profit, this optimal profit, will happen at a selling price of 23 and 30, 23 and 33 cents.

You might say, oh that's great! You're making a million dollars on your cupcake factory in this scenario, and oh no, we're not done yet.

So, it actually works.

This is what the owners of the company get before they pay the government.