Your English writing platform
Discover LudwigExact(38)
Its gross margin rate increased 1.8 percentage points, to 29.1 percent.
At a cost, of course: the typical margin rate for borrowers is at least 7percentt at most shops.
The normal margin rate has been raised to 60%, & for a few stocks the margin has been set at 70%.
The hike in the margin rate to an usually high 45% could put further pressure on the banks as they use such bonds as collateral to raise cash.
Last week, the Securities and Exchange Commission set the margin rate at 20percentt, concurring with the Commodity Futures Trading Commission, which took similar action earlier in the month.
But he added that the retailer's gross margin rate of 54.4 percent — down from 57.9 percent in the prior-year period — was weaker than expected and its tax rate was higher than expected.
Similar(21)
While the aggressive stance spurred sales, margin rates declined at Sears, the company's largest chain.
"It's the way you build big service revenues and good margin rates".
The Big Board said there was no indication higher margin rates were needed, though it was monitoring borrowing.
He added that while it was a difficult quarter, the company was successful in reducing domestic inventory by $500 million, which he believed should lead to lower markdowns and help improve gross margin rates in the second half of the year.
Margin rates are applied to the volume of domestic production and imports which require transport and trade services.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com