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revenue vs salaries

  1. FactorX
    867 Posts.
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    21/11/12
    17:04
    Post #: 11090327
    For the 2012 year, the following is on page 34 of the annual report of NuSep (NSP.AX).

    Total Revenue_________$2,557,448
    Salaries and Wages____$2,630,223

    So the sales (not even accounting for the cost of making the product) can't even cover the wages. And we're being asked to increase that by $200,000.

    How can this be right?
    MEM Price at posting: 7.5¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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