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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 19, 1923
Page
12
An economist rejects the idea of a fixed business cycle as dangerous and misleading. He argues that prosperity and depression result from action and reaction, not predictable cycles, citing past eras and market leads from bond and stock markets to retail trends.
The article argues merchants should manage overhead carefully to increase turnover and net profits. It explains overhead as fixed costs beyond goods, notes pricing can raise turnover if overhead is controlled, and highlights the role of accountant supervised pricing tables to optimize profit and prevent costly errors. It promotes accounting services as a best investment for merchants.
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