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3 years ago

LO 1.5What is an enterprise resource planning (ERP) system? What are the principal benefits of such a system?

Business

1 answer:

Marta_Voda [28]3 years ago

5 0

Answer:

ERP(Enterprise resource planning)system is the software model that depicts about the management and handling of business processes.It permits the organization and business to use integrated application so that their function can become obstruction-less and automate complex function.Business processing can easily deal with the technology, application software, programs and human resources.

Benefits provided by ERP system are as follows:-

Increasing the productivity of organization
Can derive the solution for complex processes
streamlined working processes.
Improved efficiency etc.

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ANTONII [103]

The S<u>mall Business Administration</u><u> </u> helps economically weaker sections of the society to apply for loans to set up small businesses and facilitate their development

Explanation:

The Small Business Administration (SBA) was established in the year 1953 to provide financial assistance to the small businesses.
Apart from providing financial assistance SBA also counsel individual who are trying to setup or grow their businesses.
SBA also acts as an advocate as it provides legislative advice's to the small business houses .

3 0

3 years ago

27. When a person buys stock in a company, that person is buying ________, but when a person buys a bond in a company, that pers

Trava [24]

Answer: Ownership rights

lending

Explanation: Equity shares or common stocks are the ownership rights of the company, the holders of common stock have the voting right in every major decision of the company and are entitled for dividend according to the profit made by the company in that period.

On the other hand the bondholders are the creditors of the company as bond is considered as a debt obligation in the company. They are entitled to fixed rate of interest in return of the investment made by them.

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3 years ago

When the demand for the economy is expanding, the demand for loanable funds will ________.

nikklg [1K]

When the demand for the economy exist expanding, the demand for loanable funds will increase.

<h3>What is Demand?</h3>

The quantity of a good that consumers are willing and able to buy at various prices at a specific time period and location is known as the demand. The demand curve is another name for the relationship between price and quantity demand. Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame.

Loanable funds are all the resources that individuals and organizations in a given economy have chosen to set aside and lend to investors rather than use for their own needs. Savings are the source of the loanable funds available. It is predicated on borrowing that loanable funds are in demand. The real interest rate and the amount of loans made depend on how the supply of savings and the demand for loans interact.

Hence, When the demand for the economy exist expanding, the demand for loanable funds will increase.

To learn more about Demand refer to:

brainly.com/question/1245771

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7 0

2 years ago

Interest versus dividend expense Michaels Corporation expects earnings before in- terest and taxes to be $50,000 for the current

Ganezh [65]

Answer:

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

Explanation:

Earnings before Interest And Taxes (EBIT) = $50,000

a. In case of interest paid

EBIT = $50,000

Less: Interest = $12,000

Earnings Before Taxes = $50,000 - $12,000 = $38,000

Less: Tax @35% = $38,000 X 0.35 = $13,300

Earnings After Tax =$38,000 - $13,300 = $24,700.

This is the value available for common stock.

b. In Case Preferred Dividend is Paid

EBIT = $50,000

Less: Taxes @ 35 % = $50,000 X 0.35 = $17,500

Earnings After Tax = $50,000 - $17,500 = $32,500

Less: Preference Dividend = $12,000

Earnings available for equity or common stock = $32,500 - $12,000 = $20,500

The difference is of tax benefit on payment of interest as that is taxable and preference dividend is not taxable.

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

7 0

3 years ago

Willa and Westley are siblings who built a hair salon business from the ground up. They are now contemplating opening an additio

lorasvet [3.4K]

The correct option is C

<u>Explanation:</u>

The annual profit increase = $400,000

<u>The following formula is to be used in order to calculate the total profit enhancement in five years </u>

The total profit increase in 5 years = 400000 multiply with 5 = $2,000,000 = $2 million , As compared to cost of $1 million.

Thus, The correct option is answer (C) To take on the new salon because the expected marginal benefit ($2 million over 5-years) is greater than the estimated marginal cost ($1 million).

8 0

3 years ago