funnything2012 Wrote:
Nov 15, 2012 11:39 AM
The company made $1.2 billion in revenue last yer, with total operating expenses of $1.131 billion and a gross profit of $87 million. Using Schnatter's estimate that healthcare reform would cost his company $5 to 8 million more annually, Forbes magazine said providing healthcare translated into a .4 percent to .7 percent increase in the price of a pizza. "For the sake of argument, let's say that Papa John's sells exactly half medium/half large specialty pizzas. Averaging the ranges for both sizes, then averaging that product yields a .86 percent price increase -- less than 1 percent -- well outside the range of what Schnatter said health insurance would cost," Forbes magazine said. "So how much would prices go up, under these 50/50 condit