Roi formula - Study guides, Class notes & Summaries

What is the industry term used to describe the sum of prices paid by a business's customers? - Answer- Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Answer- Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Answer- Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Answer- Profit What element is not present in a barter eco...

What is the industry term used to describe the sum of prices paid by a business's customers - ANSWER-Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - ANSWER-Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit - ANSWER-Profit= Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - ANSWER-Profit What element is not present in a barter economy? -...

Supply Chain Management - the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it - SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility - Competitive Priorities value (what i get/price) - customers perspective productivity (what i make/cost) - organization perspective 1. Procurement 2. Operations 3. Logistics - SCM Key Components Procurement (buy it) - process of obtaining services, supplies, and equipment in...

NASM Virtual Coaching Exam Prep Version 1 (Latest 2023/ 2024 Update) Questions and Verified Answers | 100% Correct| Grade A Q: Whether providing services in person or virtually a certified nutrition coach does not engage in which two practices? Answer: Meal planning and nutritional therapy Q: What are the cons of utilizing rebel technologies with more advanced features? Answer: There often more expensive and increased the complexity of use Q: If an ROI formula return...

What is the industry term used to describe the sum of prices paid by a business's customers? - ANSWER-Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - ANSWER-Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - ANSWER-Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - ANSWER-Profit What element is not present in a barter economy...

PMG202c - Chap2 Final Exam Questions & Answers. Why is it important to initiate a project? Select all that apply. a. Determine if the project's benefits outweigh the costs b. Provide a strong foundation and set the stage for success c. Solidify the scope of a project d. Help the project manager establish a good reputation a, b, c What two questions can a project manager ask to determine a project's costs? a. What value will the project create? b. How will the user experience be im...

What is the industry term used to describe the sum of prices paid by a business's customers? - ANSWER-Total revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - ANSWER-Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - ANSWER-Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - ANSWER-Profit What element is not present in a barter economy...

ACCT 2102 UGA Farmer- Ch 10 | Latest Update | 2024/2025 | Already Passed What is decentralization in accounting? Decentralization refers to the delegation of decision-making authority to lower levels of management within an organization. What are the advantages of decentralization? Decentralization allows for faster decision-making, improves motivation at lower levels, and enables managers to specialize in their areas of expertise. Define "responsibility center." A responsibi...

Gmetrix ESB Domain 4 (Pre- Assessment) Latest Version Already Passed What is the formula for determining gross profit? Gross Profit = Income - Cost of Goods What is the formula for determining net income? Net Income = Income - Cost of Goods Sold - Expenses What is the formula for determining income tax expense? Income Tax Expense = Gross Profit X Tax Rate What is the formula for determining burn rate? Burn Rate = Month Starting Balance - Month Ending Balance What is the for...

Balance Sheet A document that compares assets to liabilities plus owner's equity. Income Statement A financial statement that details a business's revenue and expenses for a given period. Break-Even Point The point where a business's revenue matches its expenses over a given period. Profit Margin The net profit the company wants to make from the sale and is usually represented using a percentage. Selling Price Formula [(cost) * (desired profit margin)] + (cost) B...