The purchasing function can easily contribute to profitability. Please discuss this statement. What is the profit leverage

Question:

The purchasing function can easily contribute to profitability. Please discuss this statement. What is the profit leverage effect of purchasing?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Purchasing And Supply Chain Management

ISBN: 9781071804759

4th Edition

Authors: W. C. Benton

See More Books

Question Posted: Dec 28, 2022 02:45 AM

See More Questions

What are liquidity ratios? Leverage ratios? Profitability ratios?
Discuss why substitutes for leadership can contribute to organizational effectiveness.
What other factors besides operating leverage can affect a firms business risk?
A 40-cm-long, 800-W electric resistance heating element with diameter 0.5 cm and surface temperature 120C is immersed in 75 kg of water initially at 20C. Determine how long it will take for this...
Joel purchased 100 shares of stock for $ 20 per share. During the year, he received dividend checks amounting to $ 150. Joel recently sold the stock for $ 32 per share. What was Joels return on the...
What was Michaels gross investment, depreciation, and net investment during 2022? Michael, an Internet service provider, bought an existing business worth $400,000 on December 31, 2021. During 2022,...
Replacement occurs all at once. LO.1
If striving to meet schedule or budget isnt top priority, what is?
Pelican Merchandising & More is a family-owned store. The business is now approaching the end of the year and is in the process of identifying its cash needs for the first quarter of the new year....
What specific HR functions (recruiting, interviewing, and so on) can you identify Mr. Lemonis addresses on this show? Make sure to give specific examples based on the show.
What is meant by integrative materials management?
Compare and contrast the two unique types of purchasing categories in the business world.
Explain what descriptive research is.
According to a recent study, 21% of American college students graduate with no student loan debt. Suppose we obtain a random sample of 106 American college students and record whether or not they...
Differentiate the following with respect to x: a. y=5x+2x + x + 15 b. y=4x+3x - 4x - 10 c. y = 3Sin(5x) d. y = 3Cos(3x) e. y=10e -25x f. y = log(6x)
Question 2. The rate of drug destruction by the kidneys is proportional to the amount of the drug in the body. The constant of proportionality is denoted by K. At time t the quantity of the drug in...
5. 6. -1 (4a) U u X2 1 X2 -2 x -1 -2 12 (4b) U -2 2 Y y 16 x2 X2 3 1 (4c) U u - x 2 Y y -8 Y y -20 5 x X2 2 Find the state space models of the three systems shown in Fig. 4a, Fig. 4b, and Fig. 4c,...
Given the following data for Mehring Company, compute total manufacturing costs, prepare a cost of goods manufactured statement, and compute cost of goods sold. Direct materials used $230,000...
Match each equation in Column I with the correct first step for solving it in Column II. 3 x(x + 5) = 3 -6 A. Cube each side of the equation. B. Multiply each side of the equation by x(x + 5). C....
Use translations to graph f. f(x) = x-/2 +1
Do you think international purchasing is more or less complex than domestic purchasing? Why or why not?
Based on the per unit cost, which supplier should Bill recommend?
Are there any other issues besides cost that the purchaser should evaluate?
Break-Even Sales and Sales to Realize Income from Operations For the current year ending October 31, Yentling Company expects fixed costs of $537,600, a unit variable cost of $50, and a unit selling...
You buy a stock for $35 per share. One year later you receive a dividend of $3.50 per share and sell the stock for $30 per share. What is your total rate of return on this investment? What is your...
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances in the...

The purchasing function can easily contribute to profitability. Please discuss this statement. What is the profit leverage

Question:

Step by Step Answer:

The purchasing function can contribute to profitability in several ways Cost reduction By negotiatin...View the full answer

Purchasing And Supply Chain Management

Students also viewed these Business questions