Men's wear of Canada (January-December 1919) (1919)
Toronto : · leaf 1028
he cost price of goods.Other retailers declared that they figuredon an average of 45 per cent, gross. Mr.Bercusons statement showed a net profitfor the year ending January 3, 1919, of$5,162.58 on a capital of $23,022.78, or 15per cent, net on his sales. The generalexpenses were $8,214 (estimated),… … The witness had allowed himself a salaryof $200 a month. Major Stuart said, butthis should be increased to $3,000 a year,bringing down the net profit to a con-siderably lower figure. Witness said that his largest profitswere made on clothing. He figured onan average of 50 per cent, gross on…
Clothing and dress
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