Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dawn is concerned that SGM is not maximizing its purchasing power. She wants a table showing the name of all the vendors that sell to

Dawn is concerned that SGM is not maximizing its purchasing power. She wants a table
showing the name of all the vendors that sell to five or fewer stores. For each vendor in
the table, she also wants to know how many stores they sell to and how much SGM
purchased from them in dollars.
Per the Purchases file, SMG's total liquor purchases were $219,598,495, while the total
wine purchases were $105,205,984. Using pivot tables, answer the following questions.
(Hint: remember liquor purchases are identified as classification 1 and wine purchases
as classification 2.)
3a The stores in which state accounted for the smallest percentage of the $219,598,495
SMG spent on liquor? What percentage of the total liquor purchases came from stores in
that state?
3b In total, liquor accounted for 67.61% of SMG's total purchases, while wine accounted
for the remaining 32.39%. Based on the purchases within each state, in which state were
the wine purchases the largest percentage of the state's total purchases? What percentage
of the state's total purchases were wine? (Hint: Based on the state, you will need to create
a pivot table that identifies what percentage each state's purchases are wine and what
percentage are liquor. Based on that, you will need to identify which state purchased the
most wine as a percentage of the state's total purchases.)
3c A state's percentage of total liquor purchases and the percentage of liquor versus wine
purchased within a specific state are both benchmarks, but they convey different
information. How might each benchmark be useful?
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

5. Identify three characteristics of the dialectical approach.

Answered: 1 week ago

Question

6. Explain the strengths of a dialectical approach.

Answered: 1 week ago

Question

4. Explain the strengths and weaknesses of each approach.

Answered: 1 week ago