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The B'nai B'rith magazine · 1927-06-01 · 9 (6.1927) · p. Seite 363

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Image: UB Frankfurt, Visual Library (IIIF)
Journal
The B'nai B'rith magazine
Volume
41 (1927)
Issue
9 (6.1927)
Date
1927-06-01
Page
Seite 363 (sequence 13)
Language
English
Belongs to
journal issue
OCR quality
69% known words query
IRI
…/9230930-9263888-9250394--011-9237778
Visual Library
page viewer of the UB Frankfurt

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OCR text

Your Own Good Judgment Tells You: "WATCH ALL YOUR In that quiet hour when the hustle of the day is over and the last clerk has said "good night", does the wraith of your own Good Judgment ever come to you and say: "My friend, that cash that you count and balance daily — which you guard so carefully against mismanagement and theft is only 5% of your working capital . . . Are you watching the remaining 95%? "The money invested in customers' accounts represents approximately 20%. Can you tell me this minute how much each customer owes and the total outstanding? Do you get a trial balance daily? Are statements mailed promptly? Do collections keep pace with sales? "Yet cash and accounts receivable are only one quarter of your working capital. There is INVESTMENT" another single asset three times as large, three times as important — the merchandise upon your shelves. It represents probably 75% of your total investment. "Mere good business demands that you know each day how large this merchandise invest' ment is—whether sales are falling behind purchases—whether costly items are standing idle while new stock is moving. Not to know is dangerous. "Why not watch all of your investment? Don't claim that this will take too much of your time or call for extra help. Listen to me —your own Good Judgment! The local Burroughs man has a simple plan which will give you the vital figure-facts of your business every day — in less time—with less labor—and at lower cost. Call him nowl" BURROUGHS ADDING MACHINE COMPANY, 6286 SECOND BLVD., DETROIT, MICH. Burroughs Adding Machine of Canada, Limited, Windsor, Ont. Sales and Service Offices in all Principal Cities of the World MACHINES FOR. EVERY FIGURE PROBLEM

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