11.06.2009

Purchasing Perspective

According to marketwatch.com, the Target Corporation (which happens to own one of my favorite retail chains) had a net income* of 2 billion, 214 million dollars in 2008.

That is $2,214,000,000 in one year,
which is $6,065, 753 each business day,
which is $433,268 each business hour,

which means that Target makes about $120.35 in pure profit every SECOND they are open!

I think I need to switch career paths! :)

*net income = sales - returns - cost of goods - total operating expenses

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