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Thread ID: 145459	2017-11-07 21:10:00	Somebody must be making lots of money	Roscoe (6288)	PC World Chat

Post ID	Timestamp	Content	User
1441725	2017-11-17 07:22:00	You only have to study the specials discounting to get a fair idea of supermarket mark ups, Here in Oz is is patently plain that many items are marker up round the 100% mark. The big feature of supermarkets though is the stock turn, many supermarket lines have stock turns of 50 or higher. If an item had a lousy 25% margin, with a stock turn of 50, the annual gross profit on that line would be 1250% on the employed capital for the particular line over a year. (of course this is prior to deducting expenses) Nice money if you can get it. There are many mechanisms for showing a much smaller taxable income on operating profit than is actually the real case, and it conveniently reduces the Income Tax liability	KenESmith (6287)
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