Quote:
Originally Posted by spunkmaster
This isn't true.
Exxon Mobile had $11.66 billion last quarter on $110 Billion in sales.
This is only a 10% profit !
Sales in 2007 were 400 billion with 40 billion in profits - again only 10% profit !
The average company is aims for a gross profit of just under 30 percent, with 57 percent of companies falling between 20 and 40 percent !
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The average company isn't making 400 billion per year.
I'm sure the "rules" don't quite apply once you're breaking all records regardless of percentages.