The difference is due to how most life insurance policies camouflage their first year selling expenses.
In 1997 a 4% rise in selling expenses produced a 10% increase in volumes worldwide.
Also there was an increase in selling expenses as the number of Coach-operated stores in North America, Japan and China increased.
Many policies use an account value that is determined without regard to the true first year selling expenses, probably to hide from buyers how large the commissions are.
Now when someone who has a 100% loan on his danger asset loses his job, he cannot sell it and pay back his loan, because of the selling expenses.
The year over year improvement is primarily due to lower retail selling expenses associated with our no-contract offering as well as a lower cost structure resulting from our cost cutting initiatives in 2011.
Finally, those estimated cost components are combined with the estimated selling expenses and topped off with the estimated profit to produce the home market price that would obtain if the country were a market economy.
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Meanwhile, operating profit increased 37% as the company leveraged its selling, general and administrative expenses.
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It benefits profit growth artificially to the extent that wages and other costs (like lease expenses) lag selling prices.
Higher selling, general and administrative expenses also were factors dragging down its bottom line, as the company hired more people.
Earnings, however, decreased 37% because of higher selling, general and administrative expenses and a near doubling of research and development costs.
Its selling, general and administrative expenses as a percentage of sales also improved to 11.1% from 11.9% in the year-ago quarter.
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Operating income is revenues less player costs, selling, general and marketing expenses, stadium operations, coaches and player development costs and travel.
Selling, general and administrative expenses also dropped to 16.5% of net sales.
The Center subsequently changed its ways, selling properties and scaling back expenses.
The company said a drop in selling, general and administrative expenses, and lower charges related to store closings helped decrease the red ink.
The growth in ARPU, coupled with lower selling, general and administrative Expenses, helped the operating profit margin expand by 362 basis points to 32.47%.
Operating margin is expected to be approximately 7.5 percent, or 100 basis points higher than the prior year quarter, primarily as a result of improved leverage on selling, general and administrative expenses.
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Sky high selling, general, and administrative expenses reduce the EBITDAR margin to the 66th percentile, which still looks pretty good.
Selling, general, and administrative expenses as well as manufacturing fixed costs were kept well under control, while the quarter was burdened by temporary inefficiencies related to the volume drop and an inventory reduction.
Also look for any loads (charges for buying or selling a fund) or other related expenses.
Most of Dell's expenses are made up of selling, general and administrative costs rather than research and development.
Rather, his plan included selling non-core assets, cutting expenses and improve earnings.
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When her sales of boat race photos to the boat owners didn't cover her expenses, she branched out by selling them to sailing magazines.
The bottler, which operates in North America, Turkey, Russia, Greece and Spain, said it would refine its selling and service organization, lower its general and administrative expenses, make its supply chain more efficient and modify its defined benefit pension plans in the U.S. and Canada.
One of them, fearing he will not be able to leave soon, started selling ham and cheese sandwiches to other immigrants to cover his expenses.
As a result, the facility argued, only the expenses associated with the actual trafficking the buying and selling should be denied under Section 280E.
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The newspaper was hundreds of thousands of dollars in debt, and she was selling off family property to keep it afloat and cover ever-mounting legal expenses.
Hi-Crush, structured as a limited partnership selling units to investors, intends to pay out its available cash quarterly after paying expenses and establishing reserves.
Operating expenses, however, rose to 15% from 12.6% of income and selling, general, and administrative costs rose to 13.7% from 11.5% of income.
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