MLH Holdings - Week 1 Report

Day 3,485, 07:39 Published in Norway Norway by Major Lee Hung
CEO's Summary

I'm back to full activity and would like to contribute to eNorway. I'm going to restart this weekly series, where I donate 20% of all my profits to the eNorwegian treasury as a voluntary 'tax' based on my own financial performance. I've changed the format to look at things 'per unit' rather than what was a weekly cash flow. It makes things a lot easier for me and hopefully helps others understand the margins on companies.

The sales figures are currently completely speculative as I'm about to put the tanks on the market. The VAT gains will probably be gradual over the course of the week.

Plans for this week

• Hire more employees
• Assign WAM to more WRM companies
• Increase tank production significantly - up to 40% more
• Investigate the profitability of the housing industry

MLH Holdings - high level stats

Employee wages: $230.00
Total taxes to eNorway: $3,345.23
Cash reserves: $11,003.63 (Gain of $11,003.63)

Q7 Tanks

Unit production cost: $13.53 (Produced in Hungary)
Unit retail price: $18.80 (Sold in Norway)
Unit VAT (1% - Norway): $0.19
Units produce😛 3,128

Q1 Airplanes

(Suspended - currently unprofitable)

Unit production cost: $35.66 (Produced in Romania)
Unit retail price: $29.90 (Sold in Norway)
Unit VAT (1% - Norway): -
Units produce😛 -

Total profit/loss

Work as manager: $-2,135.70
-
Q7 Tanks: $+15,890.24
$5.08 profit per tank
-
Taxable profit: $+13,754.54
20% eNorway tax: $-2,750.91
-
Total profit: $+11,003.63