So much that it's not fair! And since you're REQUIRED to buy the books, there's no way out if you want to pass the class. It's an unfair oligopoly if you ask me.
The average percentage of profit for children's book illustrators, editors, and publishers can vary greatly depending on the specific contracts and agreements in place. Generally, illustrators may receive anywhere from 5-10% royalties on book sales, editors typically earn a flat fee or hourly rate, and publishers aim for a profit margin of 10-20% after all expenses are covered.
Textbook prices are high due to a variety of factors, including the complex publishing and distribution process, the lack of competition in the market, and the reliance on print materials. Textbook publishers also often release new editions frequently, leading to the phasing out of older versions and contributing to the overall cost.
Gibbs college is a for profit private school. This is as opposed to most state colleges which are not public schools and not working to turn a profit.
greater than average profit.
Yes, this college is a "real college" and is not a "for profit" college.
The average profit margin is 35%.
Average rate of return=Average profit /Initial investment*100% or ARR=Average profit /Average investment*100% or ARR=Total profit /Initial Investment*100%
to make the addition of two years profit which is divided by 2. the result is average profit between two years.
Total Cash Flow / 5years = Average Annual profit
Remington College is a private, non-profit college.
Proprietary college
Goodwill (by Average profit Method) = Average profit X No.of years purchaseGoodwill(by Super profit method) Normal profit = Average capital employed X Normal rate of return / 100Super profit = Actual profit- Normal profitGoodwill = Super profit x Number of years purchase (usually specified in question)