Document Type
Article
Publication Date
1925
Abstract
Financial burden is most commonly overlooked, or inadequately considered, by many business men, with the result that their business appears to be prosperous and financially sound, whereas, as a matter of fact, just the opposite is true. The principal kinds of financial charges which are given improper or little or no attention are: interest, reserves for various contingencies, financing, refinancing and reorganization expenses, obsolescence, depreciation, federal taxes and dividends. Altogether too frequently the business executive has an erroneous idea that items of this nature do not represent actual money-out-of-pocket expenditures, or charges that must be reckoned with, before the proper goal has been reached in the administration of his business.
Relational Format
pamphlet
Recommended Citation
Illinois Manufacturers' Costs Association, "Financial burden in cost: What it is and how it should be considered in the administration of your business" (1925). Publications of Accounting Associations, Societies, and Institutes. 136.
https://egrove.olemiss.edu/acct_inst/136