Operating Expenses in Retail Shoe Stores in 1920 (Classic Reprint)

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Excerpt from Operating Expenses in Retail Shoe Stores in 1920The common figure for gross profit in 1920 was of net sales, a decline of approximately 6 in percentage of net sales from the figures for 1919. The common figure for net profit, which was 9 in 1919, was of net sales in 1920. The stores that showed a net loss in 1920, slightly over one third the total number reporting, had a common figure of times for stock-turn, whereas the stores that showed a net profit in 1920 had an average stock-turn of times in that year.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.