FOXNEWS Cavuto Live June 4, 2024 14:39:00
Political conversation and not an overall economic conversation because as an accountant the i know that profit margins are based upon one thing, how much comes in versus how much goes out and, sure, prices do change. part of the reason for the excess profits in some of these companies is because price increases from inflation. as prices get inflated because of inflation, your revenue does go up, your cost does go up, but your dollar profit does go up as well, and that's easy to target, an excess profit, when your profit margins are staying consistent but your dollar profit is going up. neil: ...
Source: archive.org