Seeking Alpha

JonHolland » Comments » Single Comment |

  • Wal-Mart: What PR Won't Fix [View article]
    @valueguy $272.9 million lets put that number in perspective.
    First, some % of it is a tax write off, but let's not bag on them for that, that is a perk, and lowers their tax exposure.
    Second. That was FY2006. Want to know what their revenue was?
    money.cnn.com/magazine...

    Revenues 315,654.0 (YES, $315.65 BILLION dollars.)

    Doing the math
    615,654,000,000/272,90... = 0.0443268459231971% of revenue

    What is 0.044% of your revenue?
    Let's assume you make $75,000/year
    75000*0.00044326845923...

    That would the equivalent you of giving $33.25 to your favorite charity.

    Doesn't seem so impressive, that is 8 lattes.
    Apr 02 13:20 pm |Rating: 0 0
All Comments by JonHolland »
Comments by Ticker
JonHolland's
Comments Stats
3 comments
Rating: 0 (0 - 0 )