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| subject: | Re: CAT gets some teeth |
From: Bill Lucy
In article , email{at}from_Gary_Britt.org says...
> Grocery stores have very low
> margins that's true, but they make a profit because of the large volume of
> business they do in relationship to the required investment of capital. The
> oil business on the other hand is several orders of magnitude higher in
> terms of the required investment of capital.
I am surely glad you are not an accountant. You seem to have no
understanding of the underlying nature of business. That you attempt to
attach "investment in capital" with profit as if that were the
point is like saying that high volume will always make you money -- they
just don't equate.
I won't try to give you a lesson in capital assets. I'm afraid it would be futile.
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