Wonder how much net income most LQS actually have at the end of a year?
Inventory cost, facility costs (rent/payments, utilities, maintenance), employees (salaries, benefits, and related taxes), income taxes), insurances, - I probably forgot some of the operating expenses.
It's easy for me to forget about everything that goes into maintaining a business. I think: selling price of goods less cost of goods = profit.
That ain't so, is it???