Answer:
I would decline the proposal to drop Super Sports Centers.
Explanation:
In order to be able to accept or decline dropping SSC as a customer we must first calculate the cost of being paid after 200 days.
If you analyze it from an accounting point of view, dropping SSC will decrease your operating profits by $130,000 and that might result in your firm not being able to make a profit anymore.
In my opinion, the cost analysis is not complete because in order to calculate EBIT your are simply subtracting COGS from revenue (which is correct but incomplete). When you make important business decisions, you must determine which is the least of evils. Is reducing your DSO so important that you will risk going bankrupt? How much does financing SSC costs? Since SCC takes so long to pay, you should probably record the present value of the sale (similar to a non-interest bearing note).
You must also remember that if your total sales decrease by 20%, your COGS will increase since fixed costs per unit will increase. Probably the best way to understand this is to analyze the situation like a special order sale. SNC should probably calculate their manufacturing (or retailing) costs without SSC and that way they will be able to determine the real advantage or disadvantage of having SSC as a client.
Answer: FALSE
Explanation: In the given case Ronin is doing the recruitment function for the company which involves finding competent employees as per the organisation's needs and employing them at different jobs.
Controlling can be defined as the function under which management tries to achieve planned objectives by making employees working towards organisation's goals. In simple words controlling involves analyzing the current progress and take corrective actions if there are any deviations.
Hence, it is false.
The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.
The initial deposit might have a higher purchasing power because of inflation.
When money is deposited in a savings account, the amount of money earns interest.
The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)
Interest earned = $$5,306.04 - $5,000 = $306.04
Interest rate = $306.04 / (3 x $5000) = 2.04%
Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.
To learn more about inflation, please check: brainly.com/question/18072639
The company <u>says</u> that no food coloring was involved. Instead, they used a <u>special type </u>of cacao bean and a unique manufacturing process.
<h3>What is a manufacturing process?</h3>
This involves the process of turning raw materials into finished goods with the help of tools, human labor, machinery etc.
In this context, the complete sentence is the company <u>says</u> that no food coloring was involved. Instead, they used a <u>special type </u>of cacao bean and a unique manufacturing process.
Read more about manufacturing process
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Answer:
A good marketing tactic for reaching cold prospects is Advertising
Explanation:
A cold prospect is a qualified potential customer that has little or no knowledge about your goods and service or about your company. to make them know about you can reach them through target advertising because you don't have their personal contacts yet to do them a personalized email or calls.
