Thanks, updated. It would take a little over a day for them to generate $196 million.
Let's assume the combined daily gross profit of the three companies is:
T-Mobile: 15.5 million (estimated gross margin of 34% on 45.5 million revenue)
AT&T: 42.5 million (estimated gross margin of 34% on 125.6 million revenue)
Verizon: 121.5 million (estimated gross margin of 35% on 349.3 million revenue)
Combined daily gross profit: 15.5 million + 42.5 million + 121.5 million = 179.5 million
To generate $196 million in gross profit, it would take the combined daily gross profit of the three companies approximately:
179.5 million (combined daily gross profit) ÷ 196 million (target gross profit) ≈ 1.09 days
Let's assume the combined daily gross profit of the three companies is:
T-Mobile: 15.5 million (estimated gross margin of 34% on 45.5 million revenue) AT&T: 42.5 million (estimated gross margin of 34% on 125.6 million revenue) Verizon: 121.5 million (estimated gross margin of 35% on 349.3 million revenue) Combined daily gross profit: 15.5 million + 42.5 million + 121.5 million = 179.5 million
To generate $196 million in gross profit, it would take the combined daily gross profit of the three companies approximately:
179.5 million (combined daily gross profit) ÷ 196 million (target gross profit) ≈ 1.09 days