Given:
Sales Revenue = 150,000
ROI = 12%
turnover = 3
ROI = Margin * Turnover Margin
12% = Margin * 3
12%/3 = Margin
4% = Margin
Margin = Net Operating Income / Sales
4% = Net Operating Income / 150,000
4% * 150,000 = Net Operating Income
6,000 = Net Operating Income
The unit selling price of the selling price is equal to the sum of the original price and the amount that should be added for the marking-up, which is equal to 30% of the original per unit cost. This can be calculated through the equation below.
per unit selling price = ($18)(1.30) = $23.4
ANSWER: $23.4
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Every process that has to do with <em>gathering, storing accessing and analyzing data</em> for a company to make business decisions is referred to as: Business Intelligence.
The business world is faced with many vagaries such as risks and uncertainties. Every business intends to <em>minimize cost and maximize profits</em>. In order to do this, wise and better decisions must be made daily.
For business decisions to be made, <em>predictive views, data mining, process analysis, descriptive analytics, and performance benching</em> are all business intelligence entails.
- Therefore, every process that has to do with <em>gathering, storing accessing and analyzing data</em> for a company to make business decisions is referred to as: Business Intelligence.
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But seriously, what's the question?