I would agree that I would not see the true cost in the manufacturing sector, but in regards to hard goods and services sold by a dealer or reseller - yes, I see the exact Cost of goods. In my business, GP at list price = 40%. And that's a heck of a lot better than other industry sectors.
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"You're not a g*dda*n looney Martini, you're a fisherman"

R.P. McMurphy - One Flew Over The Cuckoo's Nest