2018 – 05/04 – Profits: How low can you go?

2018 – 05/04 – Profits: How low can you go?

Are your profits falling compared to revenue and assets? To find the cause, study the three major components of your income statement: 1) revenue, 2) cost of sales, and 3) selling and administrative expenses. Our auditors can help you monitor trends by computing your gross margin, profit margin, return on assets and other financial ratios. We can also identify potential industrywide and company-specific reasons for the decline, as well as possible solutions to get your performance back on track.

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