International Arcade Museum Library

***** DEVELOPMENT & TESTING SITE (development) *****

Automatic Age

Issue: 1930 June - Page 105

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T h e A u t o m a t ic A ge
W h a t
P e r
7. Do you know what you save annually
by discounting bills?
8. Do you know what it costs to buy
goods?
9. Do you make depreciation on fixtures
and delivery equipment?
10. Can you furnish your bank a finan­
cial statement at once?
11. Do you have a definite schedule for
service and collection rounds?
12. Do you know what it is costing you
for service trips?
13. How often do you make up a “ profit
and loss account” ?
14. Into how many separate accounts are
your expenses divided?
G en t
Y o u r
105
E ffic ie n c y
Are you 100 per cent efficient?
If not, what per cent are you?
The United States Department of Com­
merce has prepared a plan by which an
operator can rate himself. The man who
can answer the questions correctly may con­
sider himself 100 per cent efficient, accord­
ing to the department, and a miracle man,
according to most operators.
Here are the questions:
1. Do you keep a purchase account that
shows a total of all goods bought?
2. Do you know what you owe?
3. How often do you take stock?
4. Do you figure stock at cost or selling
price?
5. Do you make the allowance for de­
preciation and dead stock?
6. Do you know what is due you?
15. Do you charge your own salary as an
expense?
^
_
16. Do you charge interest on money in­
vested ?
17. Do you know the percentage of ex­
pense to sales?
P E A N U T
M A I D
and
O V A L
S
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B R A N D
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O U R P R IC E L IS T —
S P E C I A L T Y
S u p e r io r S t.
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B O U G H T, SOLD AN D EXCH A N G E D
I W e Repair, Rebuild and Refinish all makes of Coin-Operated
Machines Equal to New
.
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S
G IVE US A T R IA L — SA T IS F A C T IO N G U A R A N T E E D
6 3 0 W . F o rsy th S tre e t
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