Business, 10.12.2019 04:31 Multidewi3540
Asmall company has $4,000,000 in (annual) revenue, spends 54% of its revenues on purchases, and has a net profit margin of 12.5%. they would like to increase their profits and they are looking at focusing in one of two directions. first, they think they can save 2.05% on their purchase expenses. or second, they can focus on increasing sales. by how many dollars would they have to increase sales in order to equal a 2.05% savings to purchasing expenses?
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Asmall company has $4,000,000 in (annual) revenue, spends 54% of its revenues on purchases, and has...
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