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Apologies to Oil Companies...
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05-23-2011, 07:25 PM
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Patabeamn
Join Date
Oct 2005
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Do those profit margins take into account the obscene salaries paid to top executives?
Assuming this wasn't rhetorical. Nope, that's money paid to labor so takes away profit from the company. Same when you give them stock options for compensation although that usually costs the company less. It's not like
no
labor has leverage over capital. Top-level labor has quite a bit of leverage.
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