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"The other way to go," he said, "is to cut costs by importing more vehicles from Mexico and China, and lifting the bottom line that way".
Similar(59)
BMO takes an accounting hit on these assets, but over time the losses may be written back through earnings — one of the positive phenomena lifting the bottom lines of many American banks.
A membership fee increase also helped lift the bottom line at Costco, which posted its second-quarter results on Tuesday, with its profits topping analyst forecasts.
As competition among law firms has increased, associate salaries have skyrocketed and demand for "one stop" shopping has grown, a small but growing number of law firms are turning to nonlegal businesses as a way not only to serve their clients but also to lift the bottom line.
But whether the expansion lifts the bottom line is another matter.
Clothing retailers in particular are looking to celebrity endorsers to lift the bottom line because even though consumer prices rose 0.3% last month, clothing prices fell by 1.3% the biggest drop in nearly a decade.
The price hikes lift the corporate bottom line, and often executives' compensation.
Kraft Foods, the maker of Velveeta cheese spread, Oreo cookies and Altoids mints, Tuesday said quarterly earnings jumped 70%, as the bottom line was lifted by higher shipments and lower costs.
The bottom line here?
The bottom line?
It's the bottom line.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com