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Introduce Printable pictures to color 55 happy birthday
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Beyond COGS, we'll look at the other operating expenses, like **selling, general, and administrative (SG&A) expenses**. These cover costs like salaries, marketing, rent, and other day-to-day operating expenses. Managing these expenses effectively is essential for profitability. We need to evaluate whether SG&A expenses are in line with the company's revenue and industry standards. Are they spending too much or too little on things like marketing or research and development? An increase in SG&A expenses could be due to investments in growth or increased spending on things like marketing. A decrease could mean the company is cutting costs, which might be good or bad depending on the reason. We want to see how these expenses changed and how they impact the company's bottom line. The goal is to identify areas where the company can improve its efficiency without sacrificing quality or customer satisfaction.
