Question

1 Describe in 200 words how American Apparel: was Drowning in Debt -2012-2013?

2 Describe how they could have corrected some of there problems?

3. Identify financial growth and decrease. by %. Please TYPE

Answer 1

American apparel was drowning in Tab 2012-2013 because at that time the complete our economy was in a recession because it was that time where many banks are not able to recover the loans and there is an hai lost in the credit card because after taking the credit card no one is able to repay the due payments this is the only reason why banks are not able to recover the sufficient amount and not able to influence the loan factor in the economy.
Many of the apparel companies in America or not able to reinvest the amount in the business because the recovery and the rate of return over the investment is very poor it is because there is slow demand in the market when the government are not able to Infuse the money in the market people are suffering low-income and there was a less money supply in the economy this is probably a possible reason to not able to recover the situation.
Some corrective measures taken by the companies is to reduce the quantity of production and the only work according to the market demand the market research provides a strong base in the fulfilment of the actual demand that occurred in the market the various reserve costs and other factors also play an important role at that time.
The condition of natural growth of the economy was not good; it decreased by about 2 to 4 % and 8 to 10% decrease in the apparel section in America.