Friday, February 03, 2012

Not Adding Up

Facebook Tracks Ascent of Google:

Profit margins are very similar as well. Facebook's operating-profit margins have averaged 49% the past two years. Google averaged 48% in 2004 and 2005, a level it roughly maintained until last year.

Oil Company Earnings: Reality over Rhetoric:

Industry profit margins are cyclical too. But on average, between 2006 and 2010, the largest oil companies averaged a profit margin of around 6.5%.

Dems propose Reasonable Profits Board to regulate oil company profits:

Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a "Reasonable Profits Board" to control gas profits.

The Democrats, worried about higher gas prices, want to set up a board that would apply a "windfall profit tax" as high as 100 percent on the sale of oil and gas, according to their legislation. The bill provides no specific guidance for how the board would determine what constitutes a reasonable profit.

Definition of reasonable by the Free Online Dictionary:

rea•son•a•ble (r z -n -b l) adj.

1. Capable of reasoning; rational: a reasonable person.

2. Governed by or being in accordance with reason or sound thinking: a reasonable solution to the problem.

3. Being within the bounds of common sense: arrive home at a reasonable hour.

4. Not excessive or extreme; fair: reasonable prices.