> NYTimes: > > By any measure, Exxon Mobil's performance last year was a blowout. > > The company reported Friday that it beat its own record for the highest > profits ever recorded by any company, with net income rising 3 percent to > $40.6 billion, thanks to surging oil prices. The company's sales, more > than $404 billion, exceeded the gross domestic product of 120 countries. > > So let's see.... Hmmm, I wonder who is getting rich.... > > Terry Farrell Hmmmm, yourself. That looks like a little over 10% profit from sales. How much mark-up do you do on parts? Shall the government, in it's infinite wisdom, declare that anything over, let's say, 5% is exorbitant profit? Would YOU want to be limited to a 5% markup on your sales? I didn't think so. The only difference between Exxon/Mobil's 10% and yours is scale. What if Exxon recorded profit equivalent to the normal markup that piano techs regularly take on parts? What a hew and cry there would be. If the guv'mint gets a reasonable profits committee to determine what is and what is not reasonable profit, what makes you certain they will stop at just the oil industry????? BTW, why isn't there a "None of the Above" option on the ballots? Conrad -who likes to be able to set his own prices.
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