The book Operating Expenses in Retail Shoe Stores in 1921 was written by author Harvard University Bureau of Business Research Here you can read free online of Operating Expenses in Retail Shoe Stores in 1921 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Operating Expenses in Retail Shoe Stores in 1921 a good or bad book?
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2 Total Expense 28. 6 26. 3 26. 1 29. 2 29. 1 19 firms with a small volume and lowest for the firms whose sales were over $250, 000; the expense for total interest in these groups, it may be added, varied inversely with the rate of stock-turn. To illustrate these figures as classified according to volume of sales, typical profit and loss statements for these groups are given on the following pages. Each statement is not a copy of the figures of any one firm but a composite statement that is rep...resentative of the results attained by a group of firms with similar volume of sales. The figures for the firms classified according to volume of sales are more significant than those shown on the basis of any other classification that has yet been tried. From the tabulations of these reports and also from its correspondence and first-hand investigations, the Bureau has found repeatedly that there are greater and more characteristic differences in expenses for firms with different volumes of sales in a single city than among firms of the same volume located in different cities.
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