Chapter 43: Losing Money?
At the exhibition, those beautiful gem candies were sold for a total of 250,000 United Dollars!
After all, all the people who came were rich, and the price of gem candy after the styling was higher, so it was reasonable to be able to sell so much.
The cost of these gem candies is naturally the same, but Roy took advantage of the loophole - the gem candies at the show were not sold in the name of the company, but in the name of the individual.
Specifically, Roy buys gem candy from the company at cost price in his own name, and then sells it at a high price after his own painstaking processing.
The purpose of this is mainly for a certain degree of legal tax avoidance. In this way, he does not have to pay corporate income tax and business tax, but only needs to pay personal income tax. It's not illegal, because Roy sells his craft.
Therefore, the net profit from selling these gem candies at the exhibition is 230,000!
Added up, after more than a month of busy work, Roy Ming can get a net profit of about 370,000 yuan on his face.
In other words, he can repay the bank loan now, but Roy will definitely not do this, after all, after a year's loan, early repayment will not reduce the interest, so it is definitely not cost-effective to repay slowly.
Roy personally only took the 230,000 yuan earned at this exhibition, and the "infunctional" gray income of more than 100,000 yuan.
The 172,800 earned by the company, Roy didn't move it in the company, after all, he had to pay 20% tax if he took it out, and he could still use it if he didn't take it out.
In addition to this money, all the money from the company's mortgage loan was used to produce gem candy and advertise events. He originally wanted to keep some of the investment, but the tulip sugar industry was inexplicably hyped and became popular, and he instantly decided to invest all of it. As it turned out, he was right.
In total, Roy now has a total of about 500,000 disposable cash and 260,000 (principal plus interest) in debt.
This is the result of his two months of hard work since he came to Qiongbi City.
Of course, this is not all of Roy's assets, and there are many things that cannot be considered for the time being, such as ...... All sorts of goodies in his consciousness space.
……
When Roy roughly sorted out his assets and showed them to Misha, Misha was stupid.
The 480,000 just now was already shocked, but she also knew that the 480,000 was not all Roy's, including costs and taxes.
But now the more than 500,000 yuan is all cash at Roy's disposal!
She has never seen so much money in her life, and 500,000 in cash, it is estimated that it can be piled up, right? The most important thing is that this is the money that Roy earns on his own ability!
"What, scared silly?"
Roy looked at Misha with some amusement.
It was originally a joke, but I didn't expect Misha to be crazy and small.
"Hmm!"
Looking at such a cute little cat lady, Roy subconsciously came to touch his head to kill, and the little cat girl blushed a little after feeling Roy's warm big hand, but she didn't dodge.
Suddenly, Misha felt her ear grabbed, and her body stiffened.
Roy has long wanted to touch the cat lady's ears, and he has never been embarrassed to do it.
Now, Roy can't help it, after all, who can refuse a cute cat lady!
"Hiss - fluffy, fluffy, so comfortable!"
The pleasure of a cat is difficult for people who have never had a cat to experience.
And the pleasure of the cat lady is 10,000 times happier than the cat!
"Huh~Brother~"
Roy heard a soft murmur from the little kitten girl.
Roy, who was immersed in happiness, came back to his senses in confusion and saw Misha looking at him with a blushing face.
Roy then remembered that the cat lady's ears seemed to be very sensitive......
"Ahem......"
He quickly withdrew his hand and explained very honestly:
"The main thing is that I can't ......help but see that Misha is so cute"
"Brother~ I'm going to cook!"
Hearing Roy praise her cuteness, the kitten lady was even more embarrassed, so she excused herself and slipped away.
"Okay."
Roy reluctantly let go of his hand, and then seemed to think of something, with a hint of anticipation on his face.
In the past month, he has not forgotten to take supplies from the blue vortex every day, although he can only take one item at a time, but after such a long time, he has also saved a lot of things.
I don't talk about food, spices, wine or anything, this is a regular customer.
Roy also got a silver-plated navy revolver, which was only a different color from the gold-plated revolver in his hand, as if they were a pair.
Roy gave this silver-plated revolver to Misha, and by the way, he also found time to teach Misha to shoot, Misha is very smart and has great physical fitness, and he learned it quickly.
In addition to this gun, what pleased Roy the most was a beautiful maid suit. Roy had thought about whether there would be a chance to get a beautiful dress in the blue vortex, but he didn't expect it to be there!
This is a short black and white maid dress, the serious kind.
Roy took a visual look and felt that Misha must be fine with dressing, but because he had too many things before, he ignored this kind of trivial matter, and now he is not busy for the time being.
Jingle Bell –
The intercom rang, and it was Henry.
After the two exchanged pleasantries, Henry comforted Roy and wanted to know the situation.
After all, three days have passed, and this gem candy, which had made a lot of noise before, seems to have suddenly become a dumb fire, and its sales have not gone up at all.
Many people in the outside world say that this gem candy has failed.
So Henry is also a little worried, although he is very confident in Gem Candy, but Gem Candy is good, whether it can be successful commercially, no one can say, after all, he didn't expect Roy's pricing to be so expensive.
After all, Vice President Henry is Roy's partner, and Roy did not hide it, telling Henry about the current orders and sales of major merchants and the company's profits.
Of course, when it comes to profits, Roy must have something to hide, which is a trade secret. But even so, this figure scared Henry.
For the time being, Roy said to Henry 30% of the profit margin of Tulip Sugar Company, a figure that he plans to quietly announce in the future.
In fact, the company's profit margin before taxes is 60%, which he said less than half. If you add some gray things that Roy is hiding, the net profit margin after tax is about a terrifying 50%.
But this kind of thing Roy will definitely not say, just make money silently.
When Henry found out, he was relieved, thinking that he had been worried about it recently.
Roy said that the dividend he promised to give Henry had been calculated, which was 30,000 coins, and he would give it to him the next time they met.
This is not a small amount of money, after all, when Roy took out a mortgage, he borrowed 240,000 yuan, and the interest was only 20,000 yuan a year. And the majority of the 20,000 interest is from the bank, and Henry only has a small commission.
So after hearing that Roy made good on his promised share, Henry was excited.
He, Henry, not only proved that he was right in front of everyone, but at the same time received a lot of money. It's a win-win!
But in the outside world, after three days, the sales of gem candy have not increased in any way, but have fallen even lower, and everyone's doubts have become stronger and stronger.
Their general perception is that the profit margin of this sugar will definitely not be too high, after all, the research and development costs of new products are generally difficult to control.
And the sales volume is not high, and there is a high probability that you will lose money.