Profit / Markup question.

[JennB]

I'm an accountant.



So yeah, I do my own taxes... haha. I've been in accounting for 8 years (not counting school) and the last five have been as the head of accounting for the entire US division of a European owned software company. I do my best to know as much about finance, business and money as I possibly can.

There are a lot of things I don't know, but accounting certainly isn't one of them.


And good for you. As a financial professional, I love to see people taking charge of their own money instead of being scared of it or just passing it on to someone else.

[BUGMAN]

And good for you. As a financial professional, I love to see people taking charge of their own money instead of being scared of it or just passing it on to someone else.

Thanks, I am loving it myself.

I don't consider myself a professional but just another hard working high school drop out making the money thing work. However I did have Trig ll my Jr. year so math is no issue here.

FYI This argument started about a guy buying a car for 13k and selling it for 26k and they were arguing that it was a 50% profit since 13k was 50% of the selling price. Not understanding that he got his 13k back and then made 100% of it back on top of that. Err people aggravate the heck out of me with stuff like that.

P.S. I love my accountant!!!

So do you actually like accounting at all? I like numbers and math, but I couldn't stand accounting (classes not actual employment). It was easy, but SO boring.

Ha Ha you don't have the patience either? Man I can't sit still long enough to add anything up but payroll and I hate that.