This topic contains a solution. Click here to go to the answer

Author Question: Which one of the following statements about purchasing is true? (Read 103 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507

Question 1

One dollar saved in purchasing is
◦ only worthwhile if you are in the 50% tax bracket and still have a low profit margin.
◦ equivalent to a dollar earned in sales revenue.
◦ worth from 35% in the technical instrument industry to 70% in the food products industry.
◦ worth even more than a dollar earned in sales revenue.
◦ worth slightly more than a dollar earned because of taxes.

Question 2

Which one of the following statements about purchasing is true?
◦ The cost of purchases as a percent of sales is often small.
◦ Purchasing provides a major opportunity for price increases.
◦ Purchasing has an impact on the quality of the goods and services sold.
◦ Competitive bidding is a major factor in long-term cost reductions.
◦ Purchasing is always more efficient than making an item.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Medesa on Dec 3, 2019

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




Medesa

  • Member
  • Posts: 507
Reply 2 on: Dec 3, 2019
Wow, this really help


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library