(DEAD) Planet of the Apes Ultimate Collection $81.80 @ DDD
07-13-06, 04:20 AM
#327
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Originally Posted by kenbenobi
Revenue is total sales. Revenue IS real money. Revenue does NOT equal gross. From Wikipedia:
Revenue is a U.S. business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers.
Gross income is commonly defined as the amount of a company's income before all deductions or any taxpayer’s income, before taking deductions or taxes into account. For a business, this amount is pre-tax net sales less cost of sales. IE: PROFIT
Revenue is a U.S. business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers.
Gross income is commonly defined as the amount of a company's income before all deductions or any taxpayer’s income, before taking deductions or taxes into account. For a business, this amount is pre-tax net sales less cost of sales. IE: PROFIT
Revenue: "money that a company receives ... mostly from sales"
Gross: "company's income before deductions"
For most businesses, including DDD just about all of their income is from sales.
As for your "quote" from wikipedia the "IE: PROFIT" part is your own addition, a false appeal to higher authority - maybe you don't understand that "cost of sales" does NOT include the cost of the product sold?
Regardless, my use of "gross" and "net" was not intended to be the highly technical accountant's usage, if I had meant to do that I would have said "gross revenue." Taking the discussion off-track by focusing on minor, and in this case bogus, nits doesn't change anything. The bottom line - the money in the bank after all costs - is what matters, both for companies like DDD and for deal-hunters.
For 100 units sold at $1.32, they lost $8000 in revenue, which is $8000 in real money that they should have had.
Look at it this way - if tomorrow DDD permanently lowered the price to $50 per set, would you then say that those 100 sets were now only a loss of $5000? Nothing's changed except one arbitrary number, why should that affect their actual loss?
As for shelf-sitters, 100 units would not have sit in inventory long based on the sales reported in this thread.
07-13-06, 12:31 PM
#330
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We have touch down...
Monkey arrived! Kids weren't impressed but the real test will be when the wife gets home...
I couldn't find a UPC code anywheres. Anybody got one?
George -bub
I couldn't find a UPC code anywheres. Anybody got one?
George -bub
07-14-06, 07:51 AM
#334
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I don't wanna be a downer here, but I noticed one thing with my ape head. Do you realize how many cancer patients could benefit from all the hair they used on the ape heads? You always hear about people cutting their hair and donating them to cancer patients, can you imagine how much hair was wasted on the ape head? Just a thought..
07-14-06, 08:05 AM
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Originally Posted by Doeman
I don't wanna be a downer here, but I noticed one thing with my ape head. Do you realize how many cancer patients could benefit from all the hair they used on the ape heads? You always hear about people cutting their hair and donating them to cancer patients, can you imagine how much hair was wasted on the ape head? Just a thought..
07-14-06, 01:41 PM
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Originally Posted by Doeman
I don't wanna be a downer here, but I noticed one thing with my ape head. Do you realize how many cancer patients could benefit from all the hair they used on the ape heads? You always hear about people cutting their hair and donating them to cancer patients, can you imagine how much hair was wasted on the ape head? Just a thought..
