Answer:
Budgeted operating expense for Credit Card transactions:
Credit Card Transaction fee $0.20 x 30,000 + 1.5% of $9,000,000 = $141,000
Explanation:
The first element of the budgeted expense is $0.20 of 30,000 transactions. This gives a value of $6,000.
The second element is 1.5% of the transaction value. This gives a value of $135,000.
When added up, we have a total of $141,000 as the total expense to be budgeted for credit card transactions.
The essence of having such separate charges is to capture the volume of transactions as well as the value. Transaction-based services are usually priced to include costs based on volume and value.
It is generally considered to be fair for the two parties involved. Sometimes, the volume may be less but the value more and vice versa. In order to compensate the service provider fairly, such arrangements are made to integrate volume and value in the pricing scheme.
Answer:
sales force automation system
Explanation:
Salesforce automation system are the various software that are used to automate routine but important tasks of selling so that sales people can be free to better carry out their sales functions. For example sending of mails to customers to promote a product. Instead of spending time typing mails, they can automatically be sent to multiple recipients at preset times.
This eases the stress of carrying out repititive tasks.
Salesforce was one of the first solutions that was introduced to reduce the overwhelming work of maintaining and tracking customer accounts.
You provide what you like like and santa brings it to north pole and see what is best for you
Answer: $545,454.55
Explanation:
Caroline's share of the profit would be her sharing ratio over the total ratio time the net income.
= (6 / ( 6 + 2 + 3)) * 1,000,000
= 6/11 * 1,000,000
= $545,454.545
= $545,454.55
