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[-] Rentlar@lemmy.ca 37 points 1 year ago

It's revenue not profit but anyway...

Fun fact from this is The Home Depot receives revenue of an average worker's salary in roughly 3 bars of "The Home Depot Song"

[-] lemmy_get_my_coat@lemmy.world 19 points 1 year ago

I don't think it says profit anywhere? It says 2022 revenue in the legend for the companies, and the annual personal salary is revenue too because it needs to be spent on living expenses.

[-] Rentlar@lemmy.ca 3 points 1 year ago* (last edited 1 year ago)

Conflating "to make money" with "revenue" instead of profit is the iffy part for me... I apologize for not being clear about that.

At the risk of entering pedant territory, the idea of "making" the money is by doing something that would cause a person to pay more than before. If acquiring the "before" and the act of adding value incur costs, then to me, the "money made" is the revenue less those costs.

[-] Eranziel@lemmy.world 18 points 1 year ago

That's fine? Payroll is an expense, it does come out of revenue. Profit is what's left over after they pay everyone else.

[-] Rentlar@lemmy.ca 5 points 1 year ago

Please see my reply to the other commenter, my issue is with "making money" being conflated with revenue.

this post was submitted on 15 Nov 2023
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Work Reform

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