Ask Experts Questions for FREE Help !
Ask
    eve19's Avatar
    eve19 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 7, 2008, 09:33 PM
    Analysing a companies accounts!
    Why might profit increase at a slower rate then turnover?:confused: :confused: :confused:
    tlarocca's Avatar
    tlarocca Posts: 17, Reputation: 1
    New Member
    		  
    #2

    Jan 8, 2008, 07:01 AM
    Quote Originally Posted by eve19
    why might profit increase at a slower rate then turnover?:confused: :confused: :confused:
    Likely due to faster increases in other variable costs or a spike in fixed costs.

    Also, under FIFO, even though your TO rate is high, you may be experiencing higher inventory costs as inventories are replaced.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accounts Payable and Accounts Receivable [ 3 Answers ]

I am Accounting specialist working as processor and reconciliation expert for international organization and Local company's on Accounts PAYABLE AND ACCOUNTS RECEIVABLE . It is presently home base processing centre in toronto will be open in Sri Lanka Too If any body interest on above I...

Accounts receivable- uncollectible accounts [ 6 Answers ]

How can a business protect against uncollectible accounts? Which protection measures do you think are worth the expense?:confused:

What is the difference between accounts payable and accounts receivable? [ 1 Answers ]

What is the difference between accounts payable and accounts receivable?

View more questions Search