SG&A not salary! Easy way Heddle to bank millions
Post# of 43064
"High SG&A expenses can be a serious problem for almost any business. Examining this figure as a percentage of sales or net income compared to other companies in the same industry can give some idea of whether management is spending efficiently or wasting valuable cash flow. For example, in the television industry businesses that depend on a great deal of advertising must carefully monitor their marketing expenses. A good management team will often attempt to keep SG&A expenses under tight control and limited to a certain percentage of revenue by reducing corporate overhead (i.e. cost-cutting, employee lay-offs)."
http://www.investopedia.com/terms/s/sga.asp
Heddle spen EVERYTHING on SG&A! WHAT GOING ON????