A small net profit and turning your money over often will amount up big in the run of a year.
If you make a net profit of twenty per cent. and turn your money over twelve times a year you are making two hundred and forty per cent. upon your working capital.
Returning to your question: “What profit is there in pop-corn?”
| Selling Price | Prime Cost | Gross Profit | Per Cent. Sales | Per Cent. of Cost | |
|---|---|---|---|---|---|
| Salted Pop-corn | 5c per bag | 1 cts. | 4 cts. | 80 | 400 |
| Buttered Pop-corn | 5c per bag | 2 “ | 3 “ | 60 | 150 |
| Sugared Pop-corn | 5c per small bag | 1 “ | 4 “ | 80 | 400 |
| Pop-corn Brittle | 50c per pound | 20 “ | 30 “ | 60 | 150 |
| Pop-corn Bar | 10c each | 2 “ | 8 “ | 80 | 400 |
| Pop-corn Brick | 5c per package | 1½ “ | 3½ “ | 70 | 233 |
| Pop-corn Crispette | 5c per package | 1 “ | 4 “ | 80 | 400 |
Your costs will perhaps show some variation from these figures, for it is not to be expected that costs will be the same everywhere.
The costs here given are figured from the formulas in this book using the machinery herein described. They are not the lowest at which the goods can be produced, and of course, you see that they contain no “Overhead” and therefore are gross and not net profit.
No two men running business under identical conditions will have the same prime cost, gross cost, or gross profit, but they may come out with an equal net profit.
The only thing by which you can judge the future is the past. All information and figures in this book are from records compiled from years of experience and practice.