Costs, Merchandising Practices, Advertising and Sales in the Retail Distribution of Clothing Volume 3 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ...and 1919, it decreased from $0.78 to $0.49, or by a difference of 37.2 per cent. While the tendency for the ratios to decrease is true for all of the stores when averaged, it is not true for each store-group, as between 1914 and 1918. For each of the years, and for the three years combined, the ratios decrease as the size of the stores increases. This tendency, while essentially consistent for each of the years, is noticeably so for 1919. The explanation for this fact is probably found in better credit connections which the large stores possess, and in their more rapid turnover of stock. Stock turnover will be treated in Volume V. TABLE 36 RELATION OP EXPENDITURE FOB BAD DEBTS TO TOTAL NET SALES FOR STORES CLASSIFIED BY SIZE, 1919, 1918, AND 1914 Table 36 shows that the relationship of the amount of bad debts written off to $100 of total net sales is $0.64. This ratio is based upon 434 store-years, $43,000,000 of total net sales, and $277,000 of bad debts written off. Between 1914 and 1918, the ratio increased from $0.61 to $0.75, or by a difference of 23.0 per cent. Between 1918 and 1919, the ratio decreased from $0.75 to $0.58, or by a difference of 22.7 per cent. These changes, while true for the stores of all sizes, are not true for those of different size between 1914 and 1918. An inspection of the table will reveal the exceptions to the general rule. For each of the years, and for the three years combined, with minor exceptions, the ratios decrease as the TABLE 37 RELATION OF EXPENDITURE FOR INSURANCE TO TOTAL NET SALES FOR STORES CLASSIFIED BY SIZE, 1919, 1918, AND 1914 Classified Total Net Sales (in OOO's) Stores Reporting on insurance Number of Storeyears Total Bet Sales Ratio nblch Amount Of insurance per 4100 of Total Net Sales...