hello brandyce 2.docx - Hello Brandyce great reply I agree...

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Hello Brandyce , great reply, I agree that an interim report is a valuable tool. I feel like for companies which tend to fluctuate in profits this is especially true. What I mean by this are companies which tend to have times where their profits raise drastically because they either sell more or get more business as would be the case for a service company. A fantastic example of this being a company such as FedEx or UPS, which experience a h uge increase in business around the holidays, and especially around Christmas time. Linked below are the FedEx quarterly reports, and to no surprise, their quarter two reported on December 18th is the highest revenue yet. These peaks in business are common in many companies, such as a tax office around tax season, or something like a candy manufacturer around Halloween. Reporting intermittently can also better showcase the company’s growth which is something which investors will likely investigate. For example, profits of 2 million may not seem like much for an intermediate
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