Ledger Accounting Data

Each year in our printing industry we go through a little ritual akin to the rites of spring. It's called the PIA Ratios Studies. Printing Industries of America collects General Ledger Accounting Data from the prior calendar year from printing firms as a "survey." PIA commissions the H.R. Margolis Co. (Certified Public Accountants) to compile and analyze the data submitted, and then prepare reports for publication. For 2001, some 900 printers submitted their results in the "survey." Survey firms reporting the top 25 percent of "Net Profits" are called the "Profit Leaders." Ronnie H. Davis Ph.D, chief economist of PIA, calls the remaining 75

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