Answers
The net income of the firm is $1,200
What is net income?Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes.
Net profit is also amount of money a business earns after deducting all operating, interest, and tax expenses over a given period of time.
First, we know that:
Return on equity
= Net income / Total equity
Fixing the given values, we'll have
20% = Net income / $6,000
Net income = $6,000 * 20%
Net income = $1,200
Therefore, net income of the firm is $1,200
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Related Questions
The trial balance of XYZ Inc. included the following accounts as of December 31, 2021: Debits Credits Sales revenue5,900,000 Interest revenue40,000 Unrealized Loss on debt investments 160,000 Cost of goods sold4,400,000 Selling expense400,000 Restructuring costs190,000 Income Tax on Continuing Operations 50,000 Income Tax benefit on Discontinued Operations 25,000 Interest expense20,000 General and administrative expense300,000 Loss from Discontinued Operations 100,000 Prepare the Single step Income Statement and Statement of Comprehensive income for 2021.
Answers
Answer:
XYZ Inc.
Explanation:
XYZ Inc.
Trial Balance as of December 31, 2021:
Debits Credits
Sales revenue 5,900,000
Interest revenue 40,000
Unrealized Loss on
debt investments 160,000
Cost of goods sold 4,400,000
Selling expense 400,000
Restructuring costs 190,000
Income Tax on
Continuing Operations 50,000
Income Tax benefit
on Discontinued Operations 25,000
Interest expense 20,000
General and administrative
expense 300,000
Loss from Discontinued
Operations 100,000
Totals 5,620,000 5,965,000
Single-step Income Statement for the year ended December 31, 2021
Sales revenue 5,900,000
Interest revenue 40,000
Total revenue 5,940,000
Selling expense 400,000
Interest expense 20,000
General and administrative
expense 300,000 720,000
Income Tax on
Continuing Operations 50,000
Net operating income 5,170,000
Statement of Comprehensive Income for the year ended December 31, 2021
Net operating income 5,170,000
Income Tax benefit
on Discontinued Operations 25,000
Unrealized Loss on
debt investments 160,000
Restructuring costs 190,000
Loss from Discontinued
Operations 100,000 (450,000)
Net income $4,745,000
1. Visit a Web site for a company that sells products online. Then go to that company's
corporate Web site. Compare the company's product sales site with its corporate site.
Describe at least 3 differences between them. (1-3 sentences. 3.0 points)
apply
Answers
The 3 differences between company's product sales site with its corporate site are:
The fact that "items and services push their products as the most prominent thing on the website, whereas the corporate website pushes their values and ethos as the most noticeable thing on their website," is one of the distinctions.The corporate website lacks areas or parts where customers can order or book things, whereas product or service websites do.The product and service websites lack this feature, however corporate websites have a part or area where a team member's job description is explained.What is the corporate Web site about?A corporate website is a website created to provide information about the goods, services, and history of an organization's business. The purpose and vision statements of the company are also available on its official website.
The corporate websites have license product applications, sponsorship information is provided on the corporate site.
Lastly, the corporate websites are fully fledged sites with all full loaded features that make them heavy and busy at the same time.
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A disruption of a retail sales associate
Answers
A disruption of a retail sales associate refers to an interruption or disturbance in the normal functioning or activities of a sales associate in a retail setting.
This disruption can arise from various factors and can have both short-term and long-term effects on the individual sales associate, the retail store, and the overall customer experience. Here are some examples and potential impacts of a disruption of a retail sales associate:
1. Employee Absence: If a sales associate is absent due to illness, personal reasons, or other unforeseen circumstances, it can disrupt the staffing levels and create a gap in customer service. This can result in reduced sales, longer wait times for customers, and potential dissatisfaction among shoppers.
2. Inadequate Staffing: Insufficient staffing levels, either due to a lack of available sales associates or poor workforce planning, can lead to increased workload for existing employees. This can result in burnout, decreased productivity, and compromised customer service.
3. Lack of Product Knowledge: If a retail sales associate lacks adequate product knowledge or training, it can hinder their ability to effectively assist customers, answer questions, and provide recommendations. This can lead to missed sales opportunities, customer frustration, and a negative perception of the store.
4. Employee Turnover: High employee turnover can disrupt the continuity and consistency of customer service. Constantly having new and inexperienced sales associates can result in a lack of familiarity with products, store policies, and customer preferences, impacting the overall shopping experience and customer loyalty.
5. Conflict or Misconduct: Disruptions can also arise from interpersonal conflicts or instances of employee misconduct. This can create a tense or uncomfortable environment for both sales associates and customers, leading to decreased employee morale and potential damage to the store's reputation.
6. Technology Failures: If the retail store relies heavily on technology systems such as point-of-sale (POS) systems, inventory management software, or customer relationship management (CRM) tools, any disruption or malfunction can significantly impact sales and customer service. Sales associates may struggle to process transactions, access product information, or provide accurate inventory details.
To mitigate the impact of these disruptions, retail stores should focus on proper workforce planning, training, and ongoing support for sales associates. Implementing effective employee retention strategies, providing comprehensive product training, fostering a positive work environment, and ensuring robust technology infrastructure can help minimize disruptions and enhance the overall customer experience in retail settings.
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PLEASE HELP
Discussion of how business intelligence is used or could be used to support SpaceX's 3D printing process
Answers
Business intelligence (BI) can be employed to provide assistance to SpaceX's 3D printing procedure in several ways:
How business intelligence is used or could be used to support SpaceX's 3D printing processQuality regulation: BI tools could facilitate the monitoring of the quality of 3D-printed parts, recognize errors anddefects, plus detect areas for advancement. By exploring data from the 3D printing step, SpaceX may discover structures and trends that hint towards potential troubles with both the design as well as fabrication process, allowing them to take corresponding adjustments.
Cost enhancement: BI tools might be implemented to investigatethe cost of 3D printing and pinpoint sections where price savings can be accomplished. For example, by examining information concerning material usage, labor costs, and equipment efficacy, SpaceX will be able to minimize expenditures while retaining greatness.
Process streamlining: BI tools may be exploited to optimize the 3D printing method by discovering hurdles, problems, or opportunities for betterment. For example, by studying data on utilization of machines and printing rate, SpaceX will recognize openings to escalate proficiency and reduce printing time.
Predictive maintenance: BI instruments could promote surveillance of health of 3D printers and anticipate when upkeep or renovations are needed. By evaluating data regarding functioning of devices and maintenance history, SpaceX would be capable of foreseeing repair needs and arrange mending or substitution ahead of time, curtailing downtimes and heightening machine operability.
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Recording estimates of future discounts LO P6 ProBuilder has the following June 30 fiscal-year-end unadjusted balances:
Allowance for Sales Discounts, $0; and Accounts Receivable, $10,800. Of the $10,800 of receivables, $2,400 are within a 3% discount period, meaning that it expects buyers to take $72 in future discounts arising from this period’s sales.
A. Prepare the June 30 fiscal-year-end adjusting journal entry for future sales discounts.
B. Assume the same facts above and that there is a $10 fiscal-year-end unadjusted credit balance in the Allowance for Sales Discounts.
Answers
Answer:
A. Date Account Title and Explanation Debit Credit
June 30 Sales discounts $72
($2,400 * 3%)
Allowance for sales discounts $72
(To record the expected sales discounts)
B. Date Account Title and Explanation Debit Credit
June 30 Sales Discounts $62
($72 - $10)
Allowance for sales discounts $62
(To record the expected sales discounts)
Del Gato Clinic's cash account shows a $14,298 debit balance and its bank statement shows $14,156 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $2,872. The June 30 bank statement lists a $60 bank service charge. Check No. 919, listed with the canceled checks, was correctly drawn for $389 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $398. The June 30 cash receipts of $2,963 were placed in the bank night depository after banking hours and were not recorded on the June 30 bank statement.
Required:
Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation.
Answers
If on June 30 bank statement lists a $60 bank service charge. Check No. 919, listed with the canceled checks, was correctly drawn for $389 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $398. The adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation will be:
a) No journal entry required
b) Debit Miscellaneous expenses $60
Credit Cash $60
c) Debit Cash $9
Credit Utilities expense $9
Preparation Del Gato Clinic adjusting journal entries
a) No journal entry required
b) Debit Miscellaneous expenses $60
Credit Cash $60
(To record bank service charge)
c) Debit Cash $9
Credit Utilities expense $9
($398-$389)
(To record utilities expense)
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three most difficult responsibility of managing your family
Answers
Answer:
1) to do all the chores
2) to understand and stop family fights
3) to take care of a sick family member
Through____, managers get to know employees and their work ethics, and they can determine which employees will help the business achieve its goals and meet its objectives
A.Planning
B.organizing
C.controlling
D.leading
Answers
Answer:
The answer is D. leading.
How would the U.S. government most likely react to a boom in the economy?
A. Lower taxes to make it easier for consumers and businesses to
spend money
B. Do nothing because the economy is functioning healthily
C. Increase government spending in order to stimulate the economy
D. Raise taxes to avoid out-of-control economic growth
SUBMIT
Answers
Explanation: More infrastractures and businesses would be built because of the “booming” economy, therefore more people would contribute as tax payers
Increase government purchases in order to stimulate the economy is the most likely way that the U.S. government would react to a boom in the economy. Thus, option C is correct.
What is boom i the economy?A "boom" in the economy generally refers to a period of rapid economic growth characterized by an increase in economic activity, such as rising employment, production, and spending. During a boom, businesses are thriving, consumers are spending money, and the overall economy is expanding.
Typically, a boom is marked by increasing consumer confidence, low unemployment rates, high levels of investment, and rising asset prices. However, booms can be unsustainable and may eventually lead to a bust or economic downturn, as excessive spending and speculation can create imbalances in the economy.
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To help audiences understand large amounts of information, which visuals are the most suitable?
Answers
different between isoquant and isocost
An increase in income is always possible with out increasing expenses.
O True
False
Answers
Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
Answers
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
Answers
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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10. You manage a home improvement store. Your area has just been hit by a flood.
Building supplies quickly become in short supply. Would you raise prices to profit
from this shortage? Why or why not?
Answers
As for me personally, I would not raise prices in my business because I feel that is taking advantage of people in a bad situation. You know that they are going to need to supplies to help them fix flood damage and they will have no option but to buy the needed materials. However, if you raise prices it could backfire on you and they may go somewhere else to get the materials needed instead of shopping with you.
QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Answers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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Based on the table, which of the following is an accurate statement about nonfarm sole proprietors in the industrial sectors shown?a. most professionals and scientists are sole proprietors. b. unemployment is greatest among workers in transportation and warehousing. c. many construction workers and real estate agents earn a living as sole proprietors. d. more workers are employed by sole proprietors in arts, entertainment, and recreation than by sole proprietors in retail trade.
Answers
Option (c), Many real estate brokers and construction professionals make their living as sole owners.
Do brokers of real estate qualify as company owners?Whether you operate your own company as a lone operating agent, work from a broker's office, or are the broker or team leader running the office, you are clearly an entrepreneur. As agents, we are all businesspeople and entrepreneurs. A real estate career is a business that you own rather than a location where you are employed.
How can a broker support themselves?Salespeople and real estate brokers typically perform the following duties: Identify potential tenants, buyers, and sellers of real estate. Give customers information on prices, mortgages, market conditions, and similar subjects. Compare properties to determine a fair market value.
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What’s the best way to find the load capacity of a crane?
Answers
The load capacity of a crane can be found by checking the load chart, calculating the effective load, calculating the capacity at the working radius, and checking the stability of the crane.
The load capacity of a crane refers to the maximum weight that it can lift and transport safely without any damage to the crane. The maximum load capacity of a crane is determined by its design and other specifications. The best way to find the load capacity of a crane is by checking the manufacturer's load charts and calculating the effective load that the crane can lift in various positions and operating conditions. Below are the steps to find the load capacity of a crane.
Step 1: Check the load chartThe load chart provides information about the crane's capacity in various conditions and configurations. It shows the maximum weight that can be lifted at different radii and boom lengths. The load chart also indicates the crane's stability in different positions. The load chart should be specific to the crane's model, and it should be available from the manufacturer or the crane supplier.
Step 2: Calculate the effective loadThe effective load is the weight of the load plus any rigging gear, such as slings, shackles, and hooks. The effective load should be calculated for every lift to ensure that the crane is not overloaded. The effective load is calculated by adding the weight of the load to the weight of the rigging gear. The weight of the rigging gear should be included in the load chart or specified by the manufacturer.
Step 3: Calculate the capacity at the working radiusThe working radius is the distance from the center of rotation of the crane to the center of gravity of the load. The capacity of the crane is affected by the working radius. The closer the load is to the crane, the higher the capacity. The capacity at the working radius is calculated by multiplying the effective load by the load radius factor, which is provided in the load chart. The load radius factor takes into account the boom length, the angle of the boom, and the crane's capacity. It varies for different radii and boom lengths.
Step 4: Check the stability of the craneThe stability of the crane should be checked to ensure that it can lift the load safely without tipping over. The crane's stability depends on the configuration, the location of the load, and the position of the crane. The load chart provides information about the crane's stability in different positions and configurations. If the crane is unstable, the load should be repositioned or a more stable crane should be used.
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Item1
2
points
Return to question Item 1
Rizio Company purchases a machine for $12,600, terms 1/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $126 discount. Transportation costs of $285 were paid by Rizio. The machine required mounting and power connections costing $871. Another $411 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the machine was damaged and $180 worth of repairs were made.
Complete the below table to calculate the cost recorded for this machi
Answers
Rizio Business spent a total of $14,261 on the installation of new equipment.
Investment Outlay: What Is It?The cost of buying a fixed asset is referred to as a capital expenditure, and it is reported on the balance sheet rather than the income statement. The cost of the asset is increased by any costs necessary to put it to its intended use.
What is covered by the initial purchase of the equipment?The initial cost of an object includes all measurable components. For instance, a company could decide to invest $20,000 on a piece of equipment. There are extra costs above and above the purchase price, including $3,000 for installation and warranty, $1,000 in fees, and $700 for freight and delivery.
Amount
Machine cost $12,600
Discount ($12,500 * 2%) -$126
Net purchase price $12,474
Mounting and power connections cost $871
Transportation costs $285
Assembling cost $411
Materials used $40
Repairs $180
Total cost $14,261
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Interview can be defined as an attempt to
a.
make two persons communicate
b.
test the suitability of the candidate for the job under consideration
c.
develop relationship between two persons
d.
secure minimum information from the candidate
Answers
Answer:
B
Explanation:
The distinction between Buddhist practices and non-Buddhist practices is straightforward.
A.False. Unlike other religions, Buddhist practices are hard to separate from other cultural practices.
B. False. Like other religions, Buddhist practices blends with other cultural practices.
C. True. If a practice aims at solving the problem of suffering, then it is Buddhist
Buddhist practices are primarily concerned with meditation and mindfulness.
A. False. Buddhist practices also involve worshiping the Buddha.
B. True. Changing one's outlook on life is primarily attained by practicing meditations and mindfulness.
C. False. Buddhist practices are broad ranging.
Answers
The distinction between Buddhist practices and non-Buddhist practices is straightforward is False. Unlike other religions, Buddhist practices are hard to separate from other cultural practices. The correct option is A.
Buddhism has some unique traits that set it apart from other cultures practices, but it has also influenced and been influenced by other cultures and religions. Because of this splitting Buddhist practices from those of other religions can be difficult. Even though Buddhist practices frequently aim to address the problem of suffering, it is important to keep in mind that there are different approaches to this goal within Buddhism.
While some schools of Buddhism place a greater attention on the growth the of kindness and compassion through meditation and other practices, others stress the importance of meditation as a means of developing wisdom and insight. The correct option is A.
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Use the Internet to research careers in information technology. Jot down answers to these questions:
What kinds of careers are available in IT?
What kinds of responsibilities, tasks, and skills does a person have or need to be successful in this field?
Create a two-column chart. In the first column, list what you would say in the ad. Keep your sentences short, use strong verbs, and be persuasive. In the second column, list effects for the ad. For example, you might include upbeat music at the start of the ad and describe sound effects.
Answers
Principle benefits of the usage of the net for your activity search encompass the capability to: get entry to timely activity notices across the clock. Discover unusual or hard-to-find career data. Speak with experts or aid corporations in specialized areas.
Information technology specialists look at, design, increase, put in force, support, and control pc-primarily based facts systems, including each software program and laptop hardware.
Almost every organization desires a team of savvy pc professionals to maintain its structures up and walking. You could discover work in pretty much every industry you want, including economic offerings, enjoyment, authorities, hospitality, healthcare, manufacturing, retail and extra.
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what is
hotel management
Answers
Hotel management is a field of business and study, that tends itself to the operation aspects of a hotel as well as wide range of affiliated topics such as Accounting, administration, finance, information systems, human resources management, public relations and other more.
Following me and I hope you know this answer
Prepare the journal entries to record the following transactions of Wildhorse Company's books under a perpetual inventory system. Clarify which are debit and which are credit.
(a) On March 2nd, Windsor Company sold $854,200 of merchandise to Wildhorse Company on account, terms 2/10, n/30. The cost of merchandise sold was $517800.
(b) On March 6th, Wildhorse Company returned $109800 of the merchandise purchased on March 2nd. The cost of the merchandise returned was $66800.
(c) On March 12th, Windsor Company received the balance due from Wildhorse Company.
Answers
a) Credit Inventory for $517,800
b) Debit Inventory for $66,800
c) Credit Accounts Receivable (or Trade Receivables) for the same amount
(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:
Debit Accounts Receivable (or Trade Receivables) for $854,200
Credit Sales Revenue for $854,200
Debit Cost of Goods Sold for $517,800
Credit Inventory for $517,800
The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.
(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:
Debit Sales Returns and Allowances for $109,800
Credit Accounts Receivable (or Trade Receivables) for $109,800
Debit Inventory for $66,800
Credit Cost of Goods Sold for $66,800
The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.
(c) The journal entry to record the payment received by Windsor Company on March 12th would be:
Debit Cash (or Bank) for the amount received from Wildhorse Company
Credit Accounts Receivable (or Trade Receivables) for the same amount
The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.
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personal selling goals typically include finding prospects, determining their needs, persuading prospects to buy, and _______.
Answers
Personal selling goals typically include finding prospects, determining their needs, persuading prospects to buy, and keeping customers satisfied.
What is personal selling ?Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.
To be able to engage in personal selling, a salesperson needs to find their prospect, determine what needs they might have, and then persuade the prospect to buy the product, while being on call to ensure the customer is satisfied.
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A conceptual framework is an analytical tool with several variations and contexts. It can be applied in different categories of work where an overall picture is needed. It is used to make conceptual distinctions and organize ideas.
Answers
Incomplete question. I inferred you want to know if it is true or false.
Answer:
True
Explanation:
This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the conceptual framework paints a clearer/overall explanation of an idea.
For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.
Which type of car insurance policy usually has the highest premium?
Answers
Comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.
Comprehensive car insurance is an optional coverage that provides protection against damage to your vehicle from various risks such as theft, vandalism, fire, and natural disasters. It also covers damages to your car from collisions with animals. Comprehensive car insurance provides broader coverage than liability insurance, including damage to both other people and property and your own car, making it more expensive.
Therefore, comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.
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Howard Schultz of Starbucks, spotted the opportunity to ___
the concept of neighborhood coffee bars from Italy while he was traveling there.
Answers
Answer:
Import
Explanation:
importing goods and services
Answer: import
Explanation: it’s the answer
For an open economy under a floating exchange rate regime, _________________________.
a.) Monetary policy is highly effective.
b.) Fiscal policy is highly effective.
c.) Monetary policy is ineffective.
d.) B and C.
Answers
The main purpose of a cover letter is to:
a. Get hired for a position
b. Be called in for an interview
C. Let your friends know how your job search is going
d. Obtain references from your network
Please select the best answer from the choices provided
0000
ABCD
Answers
The main purpose of a cover letter is to:
b. Be called in for an interviewWhy write cover letter?The chief aim of any cover letter is to acquaint oneself to a prospective employer, furnishing an effective summarization of one's talents, credentials, and allurement to the particular job position.
This letter is generally provided in accompaniment with a resume whenever applying for a job opening. An effectively composed cover letter is meant to seize the employer's eyesight and emphasize why you are the ideal candidate for that post, striving towards ultimately inexorable landing of an interview.
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Question 20 (2 points)
Using the high-low method, what are the fixed and variable costs if the high sales
revenue is $160,000 with total costs of $90,000, and the low sales revenue is
$96,000 with total costs of $58,000. What is the fixed cost and the variable
percentage per dollar of sales revenue?
$9,750 fixed and 32.5% per dollar of sales revenue
$10,000 fixed and 50.0% per dollar of sales revenue
$6,750 fixed and 32.5% per dollar of sales revenue
$4,240 fixed and 56.0% per dollar of sales revenue
Answers
The fixed cost and the variable percentage per dollar of sales revenue Option B. $10,000 fixed and 50.0% per dollar of sales revenue.
To determine the fixed and variable costs using the high-low method, we start by identifying the difference between the high and low sales revenue and the corresponding total costs.
High sales revenue: $160,000
Total costs at high sales revenue: $90,000
Low sales revenue: $96,000
Total costs at low sales revenue: $58,000
Next, we calculate the difference in sales revenue and total costs:
Change in sales revenue = $160,000 - $96,000 = $64,000
Change in total costs = $90,000 - $58,000 = $32,000
The fixed cost can be obtained by subtracting the variable cost component from the total costs at either the high or low sales revenue. Let's use the high sales revenue figures:
Fixed cost = Total costs at high sales revenue - (Variable cost per dollar of sales revenue * High sales revenue)
Fixed cost = $90,000 - (Variable cost per dollar of sales revenue * $160,000)
Using the information provided, we can solve for the variable cost per dollar of sales revenue:
Change in total costs = Variable cost per dollar of sales revenue * Change in sales revenue
$32,000 = Variable cost per dollar of sales revenue * $64,000
Variable cost per dollar of sales revenue = $32,000 / $64,000 = 0.5 or 50.0%
Now, substituting this value back into the equation for fixed cost:
Fixed cost = $90,000 - (0.5 * $160,000)
Fixed cost = $90,000 - $80,000 = $10,000
Therefore, the correct answer is option B: $10,000 fixed cost and 50.0% per dollar of sales revenue.
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Question 20 (2 points)
Using the high-low method, what are the fixed and variable costs if the high sales revenue is $160,000 with total costs of $90,000, and the low sales revenue is $96,000 with total costs of $58,000? What is the fixed cost and the variable percentage per dollar of sales revenue?
A. $9,750 fixed and 32.5% per dollar of sales revenue
B. $10,000 fixed and 50.0% per dollar of sales revenue
C. $6,750 fixed and 32.5% per dollar of sales revenue
D. $4,240 fixed and 56.0% per dollar of sales revenue
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