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3 years ago

Describes business-to-business?

1 answer:

4 0

marketing is marketing of products to businesses or other organizations for use in production of goods, for use in general businessoperations (such as office supplies), or for resale to other consumers, such as a wholesaler selling to a retailer.

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Return on investment LO A1, A2 ZNet Co. is a web-based retail company. The company reports the following for 2017. Sales $ 23,16

katovenus [111]

Answer:

2017

ROI = 18%

Profit Margin = 30%

2018

ROI = 25.2%

Investment Turnover = 84%

Explanation:

The formulas for the required ratio are as follows,

ROI = Operating income / Average invested assets

Profit margin = Operating Income / Sales

For 2017,

ROI = 6,948,000 / 38,600,000 = 0.18 = 18%

Profit margin = 6,948,000 / 23,160,000 = 0.3 = 30% of sales

For 2018, we compute increased sales first

Sales = 23,160,000 * 1.4 = $32,424,000 after 40% increase

with profit margin staying the same, profit for 2018

Profit = $32,424,000 * 0.3 = $9,727,200

Using the earlier formulas,

ROI = $9,727,200 / 38,600,000 = 0.252 = 25.2%

Investment turnover = Sales / Average invested assets

Investment Turnover = $32,424,000 / 38,600,000 = 0.84 = 84%

Hope that helps.

8 0

3 years ago

Read 2 more answers

What is NOT a reason why ERP systems are expensive?a) The software is expensive.d) They need organizational changes and change h

adelina 88 [10]

Answer:

e) They do not require business process redesign.

Explanation:

Enterprise resource planning is a software management system that aims at unifying data in modern businesses thus ensuring a smooth flow of information. Since ERP's do not require a redesign of the business process, but rather improve on them, they in effect save cost for the organizations.

When ERP's are introduced in businesses, the staff will need to be trained on how to use the software. This training and support will come with financial costs. Also, the software itself costs a lot of money and will change the way the business is run.

6 0

3 years ago

What is the goal of materials handling? a. Minimize length of time product is held in storage b. Minimize time spent sorting del

artcher [175]

Answer:

d. Minimize the number of times a product is handled

Explanation:

Material handling is the process by which products are passed from different stages of production and delivery before getting to the consumer.

Since material handling is an essential activity in production businesses plan to reduce cost on this activity.

The best way to reduce handling cost is to reduce the number of time a product needs to be handled.

That is reducing to the barest minimum the touch points in process like sorting, moving, preparing, and storing products

3 0

3 years ago

People's Clinic purchased a special machine for use in its laboratory on January 2, 2016. The machine cost $100,000 and was expe

klemol [59]

Answer:

Depreciation Expense for 2018; $10,528.57

Explanation:

On January 2, 2016

machine cost = $100,000

Useful life = 10 years

Annual depreciation = ($100,000 - $6000)/10

= $9,400

By early 2018,

Carrying amount of the machine

= $100,000 - 2($9,400)

= $100,000 - $18,800

= $81,200

Useful life is reassessed to 7 years (rather than 8) with a salvage value of $7,500

Annual Depreciation = ($81,200 - $7,500)/7

= $73,700/7

= $10,528.57

Depreciation Expense for 2018; $10,528.57

6 0

4 years ago

From what part of income should someone take savings?

vovikov84 [41]

Answer:

nowhere

it wouldnt help anyway

5 0

4 years ago

Read 2 more answers