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Anna35 [415]
3 years ago
10

Please help Define taxes

Business
2 answers:
Maurinko [17]3 years ago
7 0
A type of compulsory contribution to the state’s revenue, levied by the government on the workers' income and business profits, or added to the cost of some goods, services, and transactions.
stealth61 [152]3 years ago
4 0

Definition of <u>taxes</u>:

Taxes are money that is paid to the government that is used to improve the country

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As CEO of ​, knows it is important to control costs and to respond quickly to changes in the highly competitive​ boat-buildi
ehidna [41]

Answer:

a.) Total benefit if the ERP installation succeeds = $610,000

b.) They should not install the ERP system.

c.) For Estimating software costs  - Systems specialist

For Estimating cost of loading data into the new ERP system  - Management          accountant  , Systems specialist

For Customize the ERP software  - Management accountant  , Systems specialist

For Estimating customization costs  - All team members

For Estimating  training costs - Human resource director

For Savings from more efficient order processing  - Systems specialist  , Management accountant

For Savings from streamlining the manufacturing process  - Plant engineer  , Plant foreman

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimating benefits and costs  - All team members

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimate benefits and costs  - All team members

Explanation:

a.)

If the ERP installation succeeds , the dollar amount of the benefit is as follows :

From more efficient order processing savings = $105,000

From streamlining the manufacturing process savings = $125,000

From reduce inventories savings = $225,000

From increased sales profit = $155,000

⇒Total benefit = $ 105,000 + 125,000 + 225,000 + 155,000

                          = $610,000

⇒Total benefit if the ERP installation succeeds = $610,000

b.)

Firstly check the Costs for installation of ERP:

Software cost =  $435,000

Customizing ERP and loading data cost = $95,000

Employee training cost = $105,000

⇒Total cost = $ 435,000 + 95,000 + 105,000

                     = $635,000

⇒Total cost  = $635,000

Now,

As we have

Total Benefit in installation of ERP = $610,000

Total cost in installation of ERP = $635,000

⇒Net benefit = $610,000 - $635,000  = -$ (25,000)

∴ we get

If Aqua Marine install the ERP system , them they face loss.

So, They should not install the ERP system.

c.)

For Estimating software costs  - Systems specialist

For Estimating cost of loading data into the new ERP system  - Management          accountant  , Systems specialist

For Customize the ERP software  - Management accountant  , Systems specialist

For Estimating customization costs  - All team members

For Estimating  training costs - Human resource director

For Savings from more efficient order processing  - Systems specialist  , Management accountant

For Savings from streamlining the manufacturing process  - Plant engineer  , Plant foreman

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimating benefits and costs  - All team members

For Evaluating the effects of integrating purchasing, production, marketing, and distribution into a single system  - Plant foreman

For Estimating increase in sales from higher customer satisfaction  - Marketing director

For Estimate benefits and costs  - All team members

8 0
3 years ago
…consider all the surplus revenues with come to him simply as trust funds, which he is called upon to administer… in a manner wh
klio [65]
This reflects the philosophy of Andrew Carnegie.
He was a famous businessman, who is actually even now considered to be one of the richest people ever. However, he was a philanthropist as well, having donated over $350 million to various charities. The sentence above was his philosophy.
5 0
3 years ago
Risk _____ is the identification, analysis, and evaluation of risk as initial parts of risk management.
Georgia [21]

Risk protection exists the identification, analysis, and evaluation of risk as initial parts of risk management.

<h3>What is Risk protection in risk management?</h3>

The process of discovering, evaluating, and controlling risks to an organization's resources and profits is known as risk management. These dangers can be caused by a number of things, such as monetary unpredictability, legal responsibilities, technological problems, strategic management blunders, accidents, and natural calamities.

A company cannot specify its long-term goals without a strong risk management strategy. Risk management, arguably one of the most crucial elements of an organization, is what safeguards it against losses and, at the same time, allows it to seize possibilities.

A tried-and-true method for locating and evaluating elements that can adversely affect a project's or company' success is risk analysis. It enables you to evaluate the risks that you or your company face and aids in your decision-making process.

Hence, Risk protection exists the identification, analysis, and evaluation of risk as initial parts of risk management.

To learn more about Risk management refer to:

brainly.com/question/1224221

#SPJ4

6 0
1 year ago
Walberg Associates, antique dealers, purchased goods for $37,800. Terms of the purchase were FOB shipping point, and the cost of
Elenna [48]

Answer:

Cost of inventory= $39,330

Explanation:

Giving the following information:

Walberg Associates, antique dealers, purchased goods for $37,800. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $1,350. Walberg Associates insured the shipment at a cost of $180. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $520.

Cost of inventory= purchase price + shipping + insurance

Cost of inventory= 37800 + 1350 + 180= $39,330

6 0
3 years ago
Pollution of water and soil from activities such as oil and gas drilling is primarily related to: Select one: a. sustainability
frez [133]

Answer:

a. sustainability issue

Explanation:

Sustainability refer to activities that are conducted in order to provide the well being for the long term with respect to the natural environment that also involved the all types of biological entities

Since in the question it is mentioned that the water pollution and the soil from activities is mainly related to the sustainability issue and hence, the same is to be considered

Therefore the correct option is a.

7 0
2 years ago
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