GREY:FFLWF - Post by User
Comment by
ABOilon Feb 26, 2019 12:40pm
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Post# 29414834
RE:RE:RE:RE:Mydas letter interview made me nervous
RE:RE:RE:RE:Mydas letter interview made me nervousYou need to check your math
There are 4.3 weeks per month (52/12)
Assuming 8 hours per day (they are open longer), and open 6 days a week (they are typically open at least this) there is the following:
4.3 * (8 * 6 * 60) = 12,384 minutes the store is open per month (likely higher)
$2 MM per month is $161/minute (2,000,000 / 12,384). A high number, sure, but not $4,166
Your calculation was $2 MM / (8 * 60) or how much they need to do in one day, not one month