What business sectors enjoy consistent 90% gross margins?
What business sectors enjoy consistent 90% gross margins?
Of course it is pretty weird to think of a social network as a utility.
Does it omit or include those costs?
When someone is directly contributing to revenue, like a factory worker or salesperson, it's a bit simpler since you can look at their output, but you still need more information than gross margin to know the maximum a company could profitably pay an employee, since a company might design their operations very differently depending on the price of labor.
The value of maintenance, safety, quality are often only only apparent after being cut
They don't produce revenue, but one must assume they provide some value and in this case avoiding the loss of revenue due to theft, fires, etc.