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1 vote

Calculate Markup Percentage From Margin Percentage

You want to sell the item for $x. The item costs you $20. The difference between $x and $20 is your gross Profit and you want that to be 30% of the sale price. (x-20)/x = 0.3 x-20 = x*0.3 …
mhoran_psprep's user avatar
7 votes

Have companies gone bankcrupt shortly after their stock going up?

I wonder how rare it is that a company makes a good profitability move that has the market respond positively like that but goes bankrupt a short time after (like 6-18 months). It happens. …
mhoran_psprep's user avatar
3 votes

How do brokers make money from fractional shares trades?

I would look at it this way. On day 1 there are multiple trades in and out, and the broker ends up at the end of the day owning some where between 0.01 and 0.99 of each company they allow fractional …
mhoran_psprep's user avatar
3 votes

Is it financially advantageous and safe to rent out my personal car?

The moment that you start to rent your car to strangers you are talking about using your car as a business. Will it be financially advantageous? If you can convince somebody to rent your vehicle …
mhoran_psprep's user avatar