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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 830 |
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A notion as to why this decrease is occurring may be a lack of sales staff. Butler should hire an experienced salesperson who will work for a base salary plus commission because this will enable the company to earn even more revenues at a faster pace, and will cut into the profit margin for the materials he/she is selling...
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It has gone from 4.71 in 1988 to 10.00 in 1991 showing that the company can expect to achieve higher sales in the coming years. Inventory turnover is being turned slower over the past few years—dropping from 5.11 in 1988 to 4.73 in 1991 due to an increase in both inventory and total cost of goods sold possibly because of the anticipation of growth in sales...
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