Processor-Where does GLC get cheese from?
accountant (Former Employee) – Hiram, OH – January 5, 2016
Being a consumer product as we all know, and if GLC cheese is exported overseas, raise in the prime rate by the Federal Reserve, which causes top U.S. banks to increase rates in loans between each other, which causes increase in mortgage rates. Of course, if over 75% of total sales of GLC comes from markets here in the U.S,, the Fed's change in rates may not influence sales much. But if GLC is dependent on total sales coming from export of its cheese overseas, we all know increase of rates by the Fed, comparatively speaking, due to increase of valuation of the dollar, fewer American dollars come back home as sales for GLC, which leads to reduced gross profit margins, leads to reduced net income, and reduced taxable income, and fewer taxes for public services for citizens of Manchester and Coffee County. So whom manufactures your cheese? and whom are your markets? here in the U.S.A.? or overseas?
Citizens of Coffee County need to know? Not many below an associate's degree in Tullahoma.
never been hired-worked as operations mgr.export/trade analyst, business analyst