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Anna71 [15]
3 years ago
6

Galleon Inc., a leading manufacturing company, signed a contract to design auto parts of premium quality at an affordable cost.

To make this project successful, the management planned to render the services of public relations firms in order to address the potential client’s particular needs. Though they have their own internal public relations staff, Galleon invited PR firms to make presentations regarding the purpose and applications of the potential client’s product. In this scenario, the approach used by the company is called request for presentation. project. proposal. public.
Business
1 answer:
Nat2105 [25]3 years ago
4 0

Answer:

proposal

Explanation:

Galleon is requesting several PR firms to make formal business presentations regarding how they could help them manage this situation.

In business, a proposal is a formal document sent from a company to a potential or prospective client which describes the business offer. Proposals can be unsolicited, when a company is looking for clients, or solicited (like this case) where a client is looking for another company to provide them with services or components.

In their proposal, the PR firms should explain how they work and how they could assist Galleon in their business relationship with this new and important client.

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Answer:

1. 13.8% and 14.6%

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Explanation:

The computations are shown below:

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where, average invested assets would be

= (Invested assets, beginning + Invested assets, ending) ÷ 2

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For Cheese Division, it would be

= $651 ÷ {($4,489 + $4,417) ÷ 2}

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2. Profit margin = (Operating income ÷ sales) × 100

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= ($366 ÷ $2,698) × 100

= 13.6%

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= ($651 ÷ $3,942) × 100

= 16.5%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division, it would be

= $2,698 ÷ {($2,696 + $2,610) ÷ 2}

= $2,698 ÷ $2,653

= 1.01 times

For Cheese Division, it would be

= $3,942 ÷ {($4,489 + $4,417) ÷ 2}

= $3,942 ÷ $4,453

= 0.88 times

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