Tariffs trip up the all-American RV industry

WTP-GC wrote:

And such is the mincing of words...
The determination of your profit is indeed a margin of cost. If your profit margin is 10% or 100%, it's going to remain the same regardless of the cost paid by the seller for the item. Everybody knows that profit is revenue minus expense, but you maintain the same profit margin when you can. In the contracting world, if the job costs are $200K or $400K and I use a 10% profit margin, I'm dang sure not going to do the $400K job for $20K profit. But the logic expressed by some people in this thread suggests that I should.

Key phrase: "when you can".

The truth is you don't "maintain the same profit margin when you can"; you earn as much profit margin as the market will allow. You will bill a 20% margin, if you can, unless you don't like getting richer.

Key phrase: "as the market will allow".

Now, if you don't understand how that supports my argument, I'm not going to explain it any more. Just keep blindly adding 10% to your contracts.