I don't see any issues with that calculation.
The simple calculation is turnover/transaction value is about ten times of the employed loan as the company indicated. 4% on the transaction value, it's somple 4% x 10 = 40% annual gross income. However, it's income not even gross profit, less all sort of expenses, currently is running at a loss.
It's basic income and profit concepts.
Ann: Business Developments - Updated Version, page-361
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