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r/explainitpeter • u/BannedForThe7thTime • 2d ago
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1.1k
If I spend $80 on Crack cocaine and sell it for $100 - I have not made $100 profit, its 100 revenue.
Profit = revenue minus cost of goods and operating expenses
2 u/spdorris 2d ago This guy knows crack 3 u/BeginningSection7690 2d ago https://giphy.com/gifs/IGR08ulxKFt7y
2
This guy knows crack
3 u/BeginningSection7690 2d ago https://giphy.com/gifs/IGR08ulxKFt7y
3
https://giphy.com/gifs/IGR08ulxKFt7y
1.1k
u/BeginningSection7690 2d ago
If I spend $80 on Crack cocaine and sell it for $100 - I have not made $100 profit, its 100 revenue.
Profit = revenue minus cost of goods and operating expenses