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Olenka [21]
3 years ago
7

Arman sets the goal for his sales team to increase revenue by 40%. which main function of a manager does this demonstrate?

Business
2 answers:
Fittoniya [83]3 years ago
6 0
The main function of a manager that demonstrates the above situation is "planning". The planning is a step that includes mapping out exactly how to achieve a particular goal, in the situation above Arman plans to improve the company sales. 
TiliK225 [7]3 years ago
4 0

the answer is planning

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Answer: 451759.29

Explanation:

To solve the question, we need to calculate the current sales. This will be calculated by using the formula:

DSO = (Account receivable × 365) / Sales

54 = 820000 × 365 / Sales

Sales = 820000 × 365 / 54

Sales = 5542593

After the new policy, the expected sales will be:

= 5542593 × (1 - 15%)

= 5542593 × (1 - 0.15)

= 5542593 × 0.85

= 4711204.5

The level of accounts receivable following the change will be:

DSO = (Account receivable × 365) / Sales

35 = Account receivable × 365 / 4711204.5

Account receivable = 35 × 4711204.5 / 365

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<u>"Financial planning"</u> is an important part of the conflict resolution process when there are disputes relating to money matters in families.


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