Originally Posted by
ERflyer
$200,000 X .215 = $43,000
I used $244,000 X 21.5% = $52,460
PTIX this year is about $6B with a payout of about 22%. Next year profits are supposed to increase so even if the payout would drop to 15% with the new formula at $6B. With the increased profits going to $10B PS will go back up to 22%+ IMHO
Originally Posted by
ERflyer
Reread my post.
I did. So what? You still need to subtract the money we would have gotten without this contract and that is 5.75%.
Denny