What is customer in business

loris [4]

One basis for economics are science of choice.

7 0

3 years ago

"The S&H Construction Company expects to have total sales next year totaling $ 14 comma 700 comma 000. In addition, the fi

Novay_Z [31]

Answer: $480,350

Explanation:

Income is calculated by deducting expenses from the sales which includes the Cost of Goods sold.

The Cost of Goods sold is given to be 63% of the Sales Next year and the Operating Expenses are given to be 30% of the sales.

That means a total of,

= 63 + 30

= 93%

93% of the sales will be deducted from the sales as expenses.

$290,000 will also be owed as interest so needs to be removed from the sales as well.

Calculating that will give,

= 14,700,000 - 14,700,000(0.93) - 290,000

= 14,700,000 - 13,671,000 - 290,000

= $739,000

This is the income after interest and expenses.

Now the tax has to be accounted for.

With a tax rate of 35%, the income minus tax will be,

= 739,000 ( 1 - 0.35)

= 739,000 * 0.65

= $480,350

$480,350 is the after-tax estimate if income for the following year.

8 0

3 years ago

Use the following information to answer the questions:

Nostrana [21]

Answer:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

B.) GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

Explanation:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

2.). - - - - - - - - - - - - - - - - - - - - - YEAR - - - - - -

------ - - - - - - - - - - - - - - - 2014 - - - - - - - 2015

Population - - - - - - - - - - 1000 - - - - - - - 1000

Employed workers - - - - 400 - - - - - - - - 440

Labor productivity - - - - 2000 - - - - - - - 1900

GDP = Labor productivity × employed pop.

2014 GDP = 2000 × 400 = 800,000

2015 GDP = 1900 × 440 = 836,000

GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

7 0

3 years ago

The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is?

Sever21 [200]

The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is jidoka

Therefore, Jidoka's definition is best understood as "automation". This means manual automation or autonomous automation. The origin of Jidoka can be traced back to Toyota Motor Corporation, which was founded by Sakichi Toyoda as a textile manufacturer.

A famous example of Jidoka is his Model G for Toyoda Automatic Loom, invented and patented in 1925 by Sakichi Toyoda (1867–1930). This is one of the many looms invented by this inventor, but perhaps his most famous. This loom could be operated almost unmanned. Jul 31, 2018

Automation is a commonly used term in Lean Manufacturing, widely considered one of the pillars of the Toyota Production System, the other being Just in Time (JIT). The term "Jidoka" is often used to impress others, but the idea behind it is less common outside of Toyota.

Learn more about jidoka here

brainly.com/question/162683

#SPJ4

3 0

2 years ago

During which phase must project teams address important considerations for managing information (and often end up updating busin

beks73 [17]

Answer:

execution

Explanation:

The phase in which project teams address important considerations for managing information (and often end up updating business processes through improved communications) is execution phase.

Execution phase has a very long process in project management, in this phase information has to be managed,it is in this phase of management that the product and services that the organization render is been delivered to the customers. And most importantly, communication has to been improved between the company and their clients.

6 0

3 years ago

What is customer in business​

What is customer in business