MLH Holdings - Week 4 Report
Major Lee Hung
Managed to increase daily production after investing in 25 new rubber plantations, though the net profit of this increase wasn't really worth the cost. Q7 prices have jumped massively lately (average of about $0.60) but weren't enough to offset my rising costs. Overall the margin per tank has dipped a bit. Wage rises also took effect for all of my employees - this alone cost $2,500 across the week.
High Level Stats
• Employee wages: $53,760
• Total taxes to Norway: $-5,945.13
• Cash reserves: $64,453.00 (+$13,280.85)
The shrinking margin has impacted heavily on profits.
CC equivalent of combined factories, WRM/FRM facilities & cash reserves.
Business Activity - Q7 Tanks
Unit production cost: $14.12 (Produced in Hungary)
Unit retail price: $19.80 (Sold in Norway)
Unit VAT (1% - Norway): $0.20
Units produce
😛4,095
Total profit/loss
Work as manager: $5,839.54
-
Q7 Tanks: $22,440.60
$5.48 profit per tank
-
Taxable profit: $+16,601.06
20% eNorway tax: $-3,320.21
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Total profit: $13,280.85
Comments
It's often more profitable to wait for an event to sell your tanks, provided you have enough cash to wait. Late December/early January is usually when the prices are higher.
It`s not $ it is CC 😃
At first I tough you are talking about RL money xD
I copy/paste most from Excel, it's easier that way haha
What is profit per rubber factory?
What is Work tax per One company (Manager work), and where does that money go - to Hun or Nor?
I produce in Northern Thailand.
In Hungary, I think the WAM is 3.38 (will find out for definite tomorrow)
Basically if you work as manager in another country, that country gets 80% of the total and 20% goes to your citizenship country, so taxes are split between the two.