Select the term in the blank space beside the definition that it most closely matches.

Business

1 answer:

Svetach [21]3 years ago

6 0

Answer:

1. Merchandiser

2. Periodic inventory system

3. Perpetual inventory system

4. Cost of goods sold

5. Sales discount

6. Credit period

7. Discount period

8. FOB destination

Explanation:

1. Merchandiser: A type of business that earns income by buying and selling merchandise.

2. Periodic inventory system: Inventory is updated for purchases and sales of inventory only at the end of a period.

3. Perpetual inventory system: Inventory is updated for each purchase and each sale of inventory.

4. Cost of goods sold: The expense of purchasing and preparing the merchandise sold during a period.

5. Sales discount: Seller's description of a cash discount granted to buyers in return for early payment.

6. Credit period: The amount of time allowed by a seller before payment is due from the buyer.

7. Discount period: Time period in which a cash discount is available.

8. FOB destination: Refers to credit terms where goods in transit are owned by the seller.

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The original scope of a project has cost assumptions to ensure project success. Provide a specific example from your experience

Genrish500 [490]

Answer:

No, If i were the sponser I'd not approve to change the scope.

Refer below for brief explanation.

Explanation:

Very few projects are completed on a scope that is decided at the first time.

When i was working in Software house and was in the team of web development, I was responsible for the front end development. Unfortunately my client was the person whose scope changes every month and the result that lapse the time, requirements change, cost changes.

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3 years ago

Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of incre

geniusboy [140]

The percentage increase in the total sales for 2006 is 15% while the increase in sales of the trench coats is 23.3%; therefore the percentage increase in total sales of trench coats is 8.3% faster.

Computation:

1. The total amount of sales for 2006 and 2007:

$\begin{aligned}\text{Sales of 2006}&=103+297+210+213+137\\&=960\end{aligned}$

$\begin{aligned}\text{Sales of 2007}&=127+223+210+285+259\\&=1104\end{aligned}$

2. Now, the percentage increase will be determined for the total number of coats and trench coats:

For the total number of coats, the values used will be the total sales of 2006, and total sales of 2007.

$\begin{aligned}\text{Percentage Increase}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{1104-960}{960}\times100\\&=15\%\end{aligned}$

For the trench coats the values used will be the sale of trench coats in 2006 and 2007.

$\begin{aligned}\text{Percentage Increase in Sale of Trench Coat}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{127-103}{103}\times100\\&=23.33\%\end{aligned}$

3. Now, the net percentage increase in sales due to the trench coats is computed as follows:

$\begin{aligned}\text{Net Percentage Change}&=\text{\text{Percentage Increase in Trench Coat}-\text{Percentage Increase}}\\&=23.33\%-15\%\\&=8.3\%\end{aligned}$