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| Topic: |
Business
|
| Number of pages / Number of words: |
4 / 958 |
Essay's paper body
has had tremendous success in growth and profits in the four-year span analyzed. Through analysis of the financial statements it was calculated that the company’s pretax earnings have been increasing at a tremendous rate. In the four years, pretax earnings increased by 156 percent. An operation that contributed to this increase was:
- Expense Management: The Company was able to cut back on its costs and expenses...
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An operation that contributed to this increase was:
- Expense Management: The Company was able to cut back on its costs and expenses. Cost of goods decreased from 70 to 68.52 percent along with a drop in operating expenses from 26 to 24 percent.
Other Positive signs of increased profitability came from following calculations:
- Gross Profit Ratio: The results of this ratio (Exhibit 6), show that Dawson is performing quite well in the amount it is getting back for each dollar spent to its expenses...
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