Deflation Watch, Day 2: Consumer Prices [View article]
I am sure this is mostly attributed to an increase in unemployment (small) and a giant decreased in oil prices. Much like we l earned in the 1970s when oil prices are the major driving force for inflation, there is no central bank formula that can stop it. Not at our current consumption.
I specifically did not use net income because I wanted to illustrate the point that giants like walmart wouldn't blink over $270M. In that same vein I am not belittling them either, what they do admirable. I wanted to put a little perspective on the numbers we are talking about here. As an aside, net-income is a tricky beast, as I am sure you are aware, due to conflicting pulls in our current tax code. Which investors praise high net-incomes, but at the same time, the tax man is watching.
When was the last time you were able to tell uncle sam that 97% of your income shouldn't be taxed because you had bills to pay? I want my tax exposure to be income-expenses too! :(
@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...
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Latest | Highest ratedDeflation Watch, Day 2: Consumer Prices [View article]
Wal-Mart: What PR Won't Fix [View article]
I specifically did not use net income because I wanted to illustrate the point that giants like walmart wouldn't blink over $270M. In that same vein I am not belittling them either, what they do admirable. I wanted to put a little perspective on the numbers we are talking about here.
As an aside, net-income is a tricky beast, as I am sure you are aware, due to conflicting pulls in our current tax code. Which investors praise high net-incomes, but at the same time, the tax man is watching.
When was the last time you were able to tell uncle sam that 97% of your income shouldn't be taxed because you had bills to pay? I want my tax exposure to be income-expenses too! :(
Wal-Mart: What PR Won't Fix [View article]
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.