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The Water Cooler
General Discussion
Another Electric Bill Increase ...
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<blockquote data-quote="SlugSlinger" data-source="post: 3949373" data-attributes="member: 7248"><p>Most people don't understand what gross profit is. Gross Profit = Revenue less Cost of Goods Sold</p><p></p><p>Gross profit excludes the cost of capital to build and pay for the infrastructure.</p><p></p><p>Net income is the actual net profit when all costs are included, things like taxes, interest, amortization.</p><p></p><p>Gross profit may be increasing but due to increases in other costs, net income has been unstable and OGE lost money in 2020.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3949373, member: 7248"] Most people don't understand what gross profit is. Gross Profit = Revenue less Cost of Goods Sold Gross profit excludes the cost of capital to build and pay for the infrastructure. Net income is the actual net profit when all costs are included, things like taxes, interest, amortization. Gross profit may be increasing but due to increases in other costs, net income has been unstable and OGE lost money in 2020. [/QUOTE]
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Another Electric Bill Increase ...
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