Walmart and Procter & Gamble effectively implemented electronic data interchange, which allowed for information to flow directly from Walmart's store to Procter & Gamble's production facilities. this streamlined production as well as distribution, thus reducing costs and getting products to Walmart's customers sooner. Electronic data interchange (EDI) is a concept which includes communicating<span> of business information using a standardized format. EDI allows one company to send information to another company electronically rather than with paper. </span>
True. Zero-based budgeting assumes that all funding allocations must be justified from zero each year. The goal in a zero-based budget is to have the income minus the expenses of the business equal zero.
The home depot's return on assets is 19.05%
The home depot's return on assets is 8.05% better than the 11% return of lowe's
What is return on assets?
The return on on assets means the net income of Home Depot as percentage of the average total assets, in other words, the return on assets is the net income divided average total assets , not sales revenue, which is applicable to profit margin
return on assets=net income/average total assets
net income=8 billion
average total assets=42 billion
return on assets=8 billion/42 billion
return on assets=19.05%
difference in return on assets=19.05%-11
difference in return on assets=8.05%
The home depot's return on assets is 8.05% better than the 11% return of lowe's
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Answer:
A) Year 1 cost of goods sold
B) Year 2 cost of goods sold
D) Year 2 beginning inventory
Explanation:
A) Year 1 expense of merchandise sold : The Current year cost of Goods Sold is processed by deducting finishing stock from Opening Inventory and Purchases made during the year. So in the event that the completion stock isn't right, at that point the result of above calculation will not be right so the Year 1 expense of merchandise sold for example (Current year cost of Goods Sold) will be inaccurate.
D) Year 2 starting stock: year 2 starting stock is equivalent to year 1 completion stock. So on the off chance that off-base stock estimation is made at end of earlier year, at that point current year opening worth will be carried on as off-base.
B) Year 2 expense of merchandise sold: The explanation is same as ans q(i.e. Year 1 expense of merchandise sold) as off-base convey forward opening stock worth will bring about wrong calculation of cost of products sold for year 2.
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