News Focus
News Focus
Followers 316
Posts 55133
Boards Moderated 12
Alias Born 08/19/2009

Re: horst post# 38167

Tuesday, 08/14/2018 8:19:16 PM

Tuesday, August 14, 2018 8:19:16 PM

Post# of 68193
"If Howco doubled revenues that would not mean they'd double expenses for sales, general and admin. "

They do not break it out in enough detail to confirm that. No, SG&A would not necessarily double.

"we both read, there's a trailing six month $3.6M reduction year over year in sales, general, and admin costs"

OK, so aside from an accounting anomaly, please explain exactly how they did that? Did they fire 50 people?