A Business Barometer for Retailers
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In our eReader you can find the full English version of the book. Read A Business Barometer for Retailers Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Business Barometer for Retailers
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For the combined years, 1919, 1918 and 1914, for stores having sales of $40,000 to $80,000 per year, it cost $9.37 to sell one hundred dollars worth of goods. When this group of stores is further classified by the amounts of their inventories in relation to their sales the selling expenses varied between $7.37 and $9.61 for each hundred dol- lars of sales. The amounts increased irregularly from the stores having the smallest to those having the largest relative inventory. When the expendi- ture...s are shown for each one hundred dollars of sales for the amount sold per dollar of inventory, that is, when ac- count is taken of varying sales and inventories, the selling expense in- creased consistently from $1.29, for those with the least inventories, to $6.69 for those having the highest inven- tories. That is, selling expense ex- pressed in this unit strikingly increases as the size of inventories increases.
This tendency is graphically illustrated in Chart IX.
10 Another barometer of change is shown in the amounts of selling expense per hundred dollars of sales for stores having different rates of stock turnover.
What to read after A Business Barometer for Retailers?
You can find similar books in the "Read Also" column, or choose other free books by Horace Secrist to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
For the combined years, 1919, 1918 and 1914, for stores having sales of $40,000 to $80,000 per year, it cost $9.37 to sell one hundred dollars worth of goods. When this group of stores is further classified by the amounts of their inventories in relation to their sales the selling expenses varied between $7.37 and $9.61 for each hundred dol- lars of sales. The amounts increased irregularly from the stores having the smallest to those having the largest relative inventory. When the expendi- ture...s are shown for each one hundred dollars of sales for the amount sold per dollar of inventory, that is, when ac- count is taken of varying sales and inventories, the selling expense in- creased consistently from $1.29, for those with the least inventories, to $6.69 for those having the highest inven- tories. That is, selling expense ex- pressed in this unit strikingly increases as the size of inventories increases.
This tendency is graphically illustrated in Chart IX.
10 Another barometer of change is shown in the amounts of selling expense per hundred dollars of sales for stores having different rates of stock turnover.
What to read after A Business Barometer for Retailers?
You can find similar books in the "Read Also" column, or choose other free books by Horace Secrist to read onlineMoreLess
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