The Ham Place
Sheldon wrote:
> NYC is famous for its street venders... there's a guy near where I live
> that runs his one man operation eatery from a trailer, he nets $200,000/yr
> selling nothing but hotdogs, fries, and soft drinks.
Okay, let's do the math:
Start out with the statement that the guy nets $200,000 per year.
Let's assume that taxes take away about 45% of his adjusted gross income.
That would make his adjusted gross income somewhere around $450,000 per
year.
Let's also assume he makes a 200% profit on his raw ingredients, i.e., hot
dogs, buns, potatoes, and so forth. That would make his actual gross income
$1,350,000.
So if the restaurant is open 365 days a year it takes in about $3700 per
day.
I could believe that for SOME days, but not for EVERY day, especially in the
backwoods part of the country where Sheldon now lives.
I think it's most likely that no street vendor would give Sheldon the time
of day, let alone share data about his personal income, and Sheldon just
made the whole thing up.
Bob
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