Hi Seth,
Just on the rate for sales basis how would I actually apply that? I’m not familiar with it at all but would be interested to learn. I was thinking overnight I should adjust each line of the fixed costs separately to tighten things up a bit further.
Also you’re right I didn’t factor in the tax overpayment at all. Does this effectively give DSK a free kick on the next 10 million of profits they make? How long can they carry it forward for?
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1 | 500 | 1.110 |
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