No Essay Example | Topics and Well Written Essays - 1000 words - 2

No - test Examplesis shall in addition provide a discussion on the suggestions of what ar to be done in order to improve the profit performance of the manufacture in the future. The following analyses are the probable reasons for the reduction of the industrys profit according to the Londons time and lunar time period (2011) newspaper explanation.According to the Excellence Clothing Company journal of 2014, there is a general change magnitude in base of revenue for the company. The revenue of the industry declined from 255063 to 215623 from the years 2013 to 2014. Since profit is a direct associate function of revenue, that is profit = revenue greet (cost of sales). Such a reduction in revenue thence leads to loss realization or profit decline. There can be quite a summate of factors that may lead to such a reduction in revenues. The policies of London have been proved to be ignorant on the clothing industries. The policies have not allowed for any incentive offer to be sti pulation to the industry. There are also varieties of stringent restrictive actions compel by the London policies that have subjected the industry to many operation ceilings (Clutterbuck, & Crainer, 2012). This means that the company cannot operate beyond a certain set aim of production even if it has the capacity of doing so. Most of the policies especially those by the London government have imposed huge amount of taxation on the industry in the year 2014. The industry is being taxed staggeringly in cases where the clothing raw materials to be used are imported. The custom duty to be paid in such cases of raw materials importation have been cutting deep in to the amount of cost expenses that are to be paid by the industry.The company is as well expected to be pay excise duties monthly and submitting their returns for excise duty charges. The above mentioned costs of taxation are of a invalidating impact to the industries revenues. Since such costs have to be paid by the indus try through do withdrawals and deductions