Enterprise Resource Planning will be vital to John Legend as it can be used to manage his inventories and other activities in his business.
It should be noted that Enterprise Resource Planning is important as it manages and integrates the business processes by using a single system. This will be important for John to manage his business.
Also, Blockchain can also help John in becoming more cost-efficient and enhance the faster delivery of products and also vital for enhancing the traceability of the product.
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Yes, gross profit or net profit is important in considering if your company is successful and profitable. The main of a business within an economy is to earn profit from its operations and activities.
Net profit is the quantity of money your business earns after deducting all operating, interest, and tax fees over a given period of time. to reach at this cost, you need to recognize a business enterprise's gross profit. If the value of internet income is bad, then it's far known as internet loss.
How do you calculate your net profit?
Net profit is gross earnings minus operating expenses and taxes. You may also consider it as general profits minus all expenses.
What is net profit also referred to as?
Synonymous with internet income, net profit is a business enterprise's general earnings after subtracting all costs. Expenses subtracted consist of the prices of regular business operation as well as depreciation and taxes. Net profit is generally called a business enterprise's “bottom line” and is a true indicator of a business enterprise's profitability.
What's net profit and gross?
Gross earnings suggests how an awful lot money your enterprise makes after meeting a few prices. Net profit indicates how an awful lot you make after assembly all expenses. A business's gross profit is the money it has left after buying the goods and offerings it sold. Its internet income is the cash left after paying clearly all fees and taxes.
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Answer:
3 times per year
Explanation:
ROI = Profit/Sales * Sales/Asset
30% = 1,050,000/10500000 * Asset Turnover
30% = 10% * Asset Turnover
Asset Turnover = 30%/10%
Asset Turnover = 3 times per year
Answer:
Explanation:
We would plug the following values in a financial calculator in order to compute the future value,
N = 25
I/Y = = r = 8
PMT = 5440
PV = 0
Fv = ??
FV = PMT x (1 + r )( 
)
https://www.calculator.net/finance-calculator.html?ctype=endamount&ctargetamountv=1000000&cyearsv=25&cstartingprinciplev=0&cinterestratev=8&ccontributeamountv=5440&ciadditionat1=beginning&printit=0&x=0&y=0
^ Using the financial calculator, FV = $429,512
Answer: 83%
Explanation:
The Labour Force Participation Rate is a measure that checks the activeness of a nation's workforce.
It is calculated by dividing the segment of the population that are either working or ACTIVELY seeking employment by the total number of working age people in the economy that are not in prison.
It is assumed that unemployed people are Actively seeking employment.
In the above scenario therefore, the active population are,
= (320 million employed + 12 million unemployed )/400 million
The rest of the population are either unavailable for work or not actively seeking employment.
= 332/400
= 0.83
= 83%
The labor force participation rate in this economy is 83%
