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3 years ago

Which career is best described by someone who buys materials, products, and services for an organization?

Business

2 answers:

algol [13]3 years ago

6 0

Answer:

Purchasing Agent

Explanation:

Purchasing agents work in the procuring department under the purchasing manager. Their role is to procure supplies, equipment, and services for a company. Purchasing agents ensure the business operations do not stop due to lack of supplies.

Ideally, purchasing agents should be good negotiators. They have to balance cost and quality when purchasing. The objective is to buy the best quality of goods or services for the lowest price and adequate quantities.

shutvik [7]3 years ago

3 0

Answer:

C. Purchasing Agent

Explanation:

They buy supplies needed for there organization or business.

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The characteristics of ERP systems include all of the following except: Question 16 options: 1) Integrating the planning, manage

aleksandrvk [35]

Answer:

D Typically fitting an organiatins existing business processes

Explanation:

ERP are business process management soft wares. It allows the organization to use a system of integrated application to automate and mange the back office work related to services, human resources and technology.

It utilizes centralized database for business processes to simplify the workflow and reduce the manual labor. Such software have dashboards where the users can have a look at the real-time data that is collected from various business processes to measure profitability and productivity. Odoo, SAP Business One, SAP ERP and Microsoft Dynamics are some ERP soft wares.

7 0

3 years ago

Which of the following statements concerning risk are correct? I. Nondiversifiable risk is measured by beta. II. The risk premiu

Arturiano [62]

Answer:

i and iii

Explanation:

Nondiversifiable risk or systemic risk is risk that cannot be eliminated by diversifying investments in a portfolio. It is the risk inherent in the industry. it is measured by beta in the CAPM.

Diversifiable risks are risks that can be avoided by diversifying investments in a portfolio. It is also known as business risk

4 0

3 years ago

Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,200 C

hram777 [196]

Answer:

Dividend Paid $743

Explanation:

From retained earnings, we can work out dividend paid

Retained earnings beginning $460

Net income for the year $993

Retained earnings-closing ($710)

Divided paid $743

4 0

3 years ago

Read 2 more answers

A company has net sales of $852,000 and cost of goods sold of $565,000. its net income is $101,800. the company's gross profit a

Murljashka [212]

Answer is $287,000 and $185,200 respectively for the company's gross profit and operating expenses.

Let us see how to solve it. As we can see the formula for Gross Margin is as follows -

Gross Margin= Net Sales − Cost of Goods Sold which is $852,000 − $565,000 = $287,000. So the total Gross Margin is $287,000.

Now the formula for Operating Expenses is as follows-

Operating Expenses= Gross Margin − Net Income; Hence we have to do $287,000 − $101,800 = $185,200. So the total Operating Expenses is $185,200. Hence answer is $287,000 and $185,200 respectively for the company's gross profit and operating expenses.

Learn more about operating expenses here-

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5 0

2 years ago

Holland? Corporation's annual report is as follows. March? 31, 2016 March? 31, 2017 Net Income ?$350,000 ?$441,500 Preferred Div

marysya [2.9K]

To find the rate of return on common, use the given formula. CAGR = (EV/BV) 1/n -1
Where CAGR is the compounded annual growth rate, EV is the investment's ending value, BV is the investment's beginning value and n is the years.

Given
BV= $350,000 ; EV= $441,500, n= 1 year

Solution

CAGR =[ ($441,500 / $350,000) 1/1 ]-1
= [(1.26) 1] - 1
= 1.26 - 1
= 0.26 X 100
= 26%

So the rate return on common is 26%

6 0

4 years ago