The amount of the net income that will be reported on the Year 1 income statement is $1400.
How to Calculate Net Income?Given details:
acquired $12,000 provided $4,600 of services on accountcollected $3,800 $3,200 cash for the operating expenses=12,000-4600-200-3200
=4000-2600
=1400
Net income can either be added to retained earnings by the company or given as a dividend to ordinary stockholders. Net earnings and net profit are frequently used as synonyms for net income because profit and earnings are used interchangeably for income (depending on usage in the UK and the US as well). Net income is frequently substituted with the word income, but this is not preferred owing to potential ambiguity. Because net income is often located on the last line of a company's financial statement, it is colloquially known as the bottom line (a related term is top line, meaning revenue, which forms the first line of the account statement).To learn more about Net Income refer to:
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benefits of internal and external environment marketing
Answer:
Internal environment refers to the factors that are within an organization's control, such as its culture, employees, management style, and resources. External environment refers to the factors that are outside an organization's control, such as competition, customer trends, and economic conditions. Both internal and external environment marketing have their own benefits:
Benefits of Internal Environment Marketing:
Better understanding of the company culture: By analyzing the internal environment, companies can gain a better understanding of their culture, values, and goals, which can help in creating a stronger brand identity.
Improved employee engagement: Internal environment marketing can help in creating a positive work environment, where employees feel valued and motivated to work harder, which can lead to increased productivity and better customer service.
Efficient use of resources: By analyzing the internal environment, companies can identify their strengths and weaknesses, which can help in making more informed decisions about how to allocate resources.
Benefits of External Environment Marketing:
Understanding customer needs and preferences: External environment marketing can help companies understand their customers' needs and preferences, which can help in creating products and services that better meet their needs.
Identifying new market opportunities: By analyzing the external environment, companies can identify new market opportunities, such as emerging trends or changes in customer behavior, which can help in expanding their customer base and increasing their revenue.
Competitive advantage: External environment marketing can help companies stay ahead of their competitors by identifying their strengths and weaknesses and by creating strategies to capitalize on their competitors' weaknesses.
Explanation:
Marsden Company has three departments occupying the following amount of floor space:
Department 1 17,000 sq. ft.
Department 2 11,100 sq. ft.
Department 3 27,000 sq. ft.
How much store rent should be allocated to Department 3 if total rent is equal to $102,000?
There are three distinct departments of The Marsden Company, each of which rents a different level. As a rental property, the rent must be distributed according to the square footage $49,982.
If the total rent is $102,000, how much store rent should be sent to Department 3?Allocation rate = Total cost to be allocated ÷ Cost driver (allocation base)
$102,000 ÷ (17,000 sq. ft. + 11,100 sq. ft. + 27,000 sq. ft.) = $102,000 ÷ 55,100 sq. ft. = $1.8512 per sq. ft.
Allocation per cost object = Allocation rate × Weight of the cost driver for that cost object
Allocation to Department 3 = $1.8512 per sq. ft. × 27,000 sq. ft. = $49,982
What is the US average for business rent?The full-service equivalent listing rate averaged across the top 50 U.S. office markets in January was $38.04, up 1.1% from the previous year. The U.S. office vacancy rate increased at the same period, reaching 16.6%, an increase of 80 basis points from January 2022.
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Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years
The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.
When will U.S. Armed Forces provide financial aid?The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.
During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.
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What do you need to consider to decide if you can afford to go to an
institute of higher education?
OCost of Attendance (COA) and loan costs
OCost of Attendance (COA) and financial aid
OTuition costs, scholarships, and grants
O Terms of work-study offers
Some of the things to consider for affording higher education are B. Cost of Attendance (COA) and financial aid.
What to consider for higher education ?The full worth of obtaining an education from any institute necessitates detailed appraisal of varied economic components. The Cost of Attendance (COA) incorporates necessary costs such as tuition, room and board, textbooks and peripherals, commuting fares, alongside individual expenditures.
Analyzing the COA of an institution is significant in establishing how much financial help you will require. Place emphasis on authenticating all plausible relief alternatives when lowering disbursement, for example: scholarships, grants, employment-study programs, in addition to loans.
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Avery Company has two divisions, Polk and Bishop. Polk produces an item that Bishop could use in its production. Bishop currently is purchasing 26,000 units from an outside supplier for $16 per unit. Polk is currently operating at less than its full capacity of 630,000 units and has variable costs of $9 per unit. The full cost to manufacture the unit is $12. Polk currently sells 460,000 units at a selling price of $18 per unit.
a. What will be the effect on Avery Company’s operating profit if the transfer is made internally?
b. What is the minimum transfer price from Polk’s perspective?
c. What is the maximum transfer price from Bishop’s perspective?
Answer:
a. The effect is that Avery Company’s operating profit will increase by $182,000 if the transfer is made internally.
b. Minimum transfer price = $9
c. Maximum transfer price from Bishop’s perspective = $16.
Explanation:
a. What will be the effect on Avery Company’s operating profit if the transfer is made internally?
To determine this, fixed cost is ignored because it considered irrelevant. Therefore, we have:
Profit per unit = Purchase price from outside - Variable cost of production internally = $16 - $9 = $7
Total increment in operating profit = Current purchase unit of Bishop * Profit per unit = 26,000 * $7 = $182,000
Therefore, Avery Company’s operating profit will increase by $182,000 if the transfer is made internally.
b. What is the minimum transfer price from Polk’s perspective?
Since Polk is currently operating at less than its full capacity, this implies that it will not incur additional fixed cost to produce current purchase units of Bishop. Therefore, only its variable cost of $9 will have to recovered. By implication, we have:
Minimum transfer price = Variable cost = $9
c. What is the maximum transfer price from Bishop’s perspective?
Any price that is higher than $16 at which Bishop is currently purchasing from an outside supplier will result in a loss for Bishop and the increment profit of $182,000 will be lost by Avery Company. This therefore implies that:
Maximum transfer price from Bishop’s perspective = Price at which Bishop is currently purchasing from an outside supplier = $16
Product safety has become a hot topic for businesses around the world. The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product
Answer:
The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product? Product safety is a key component of any business.
Explanation:
Which of the following best describes the initial impact this deposit will have on the bank’s balance sheet?
The initial impact of a deposit on a bank's balance sheet is an increase in both assets and liabilities. The deposit increases the bank's liabilities in the form of customer deposits and increases the bank's assets in the form of cash or reserves.
The initial impact of a deposit on a bank's balance sheet can be described as an increase in both assets and liabilities.
When a customer makes a deposit, the bank records the deposit as a liability because it owes the customer the money.
At the same time, the bank also records the deposit as an asset because it now has the customer's money, which it can use for lending and other activities.
Specifically, the deposit will increase the bank's liabilities in the form of customer deposits. This is because the bank is now obligated to return the deposited funds to the customer upon request.
At the same time, the deposit will increase the bank's assets in the form of cash or reserves. This is because the bank now has more money available to fulfill its obligations to customers.
In terms of the balance sheet equation (Assets = Liabilities + Equity), the deposit will increase both sides of the equation. The increase in liabilities represents the increase in customer deposits, while the increase in assets represents the increase in cash or reserves.
It's important to note that this initial impact on the balance sheet does not affect the bank's equity. Equity represents the bank's ownership interest and is not directly impacted by the deposit.
However, the bank can use the increased assets resulting from the deposit to generate profits, which can then increase the bank's equity over time.
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What do you need if you want to open a bank account?
Documents needed to open a bank account: Although some document requirements may differ from each bank.
What are the documents Needed to open a bank account?
There are some fundamental needs for creating a bank account.Documents that serve as proof of identity and age approved by banks include PAN cards, voter identification cards, passports, drivers licenses, and Aadhaar cards.Banks and other financial organizations require recent passport-sized pictures.Residential proof: A driver's license, a utility bill in the applicant's name, a voter identification card, a passport, etc. are all regarded to be residential proof.How to open bank account?
Open a bank account by going to the local branch:
The simplest method for opening a bank account is to visit the branch and follow the necessary steps.
The following is a list of possible actions:
Step 1: Selecting the sort of savings account you want to open is the first step.
Step 2: After making a choice, go to a handy bank depending on your interests, accessibility, benefits, and other factors.
Step 3: Next, you must complete a "Bank Account Opening Form." The required information, including name, residence, occupation, and other facts, must be filled out precisely. If a joint bank account needs to be opened, both parties must sign the paperwork.
Step 4: Typically, a bank requests testimonials from people who already have an account. The column designated for this function will need to have the introducer's signature on it.
Step 5: At this point, you can send the bank the form and the required paperwork.
Step 6: The issuing bank will review the completed paperwork before approving the opening of an account.
The bank will provide you debit card with a bank account number, and other information after approving your request.
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Which type of data do companies collect from customers or potential customers?
A. Positioning data
B. Market share data
C. Primary data
D. Secondary data
Answer: Primary data
Explanation: There are essentially three different ways that companies collect data about their customers. By asking them directly for it, indirectly tracking them, and by acquiring it from other companies.
A company purchased $3,300 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $900 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
The correct journal entry would be Debit Accounts Payable $2,300 ; Credit Merchandise Inventory $46 and Credit Cash $2,254.
A bookkeeping method known as the double entry or journal entry involves recording transactions in two or more accounts. The majority of transactions involve two accounts. The difference between the two accounts gets credited to the other. Moreover, both accounts could be credited or debited. More than two entries may be necessary for some transactions. The transactions that have an impact on more than two accounts are those. For instance, things that are discounted or that are partially paid for with credit and partially with cash. Compound entries are used in the journals for these transactions.
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The complete question is: A company purchased $3,200 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $900 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
Janeen looks at David, Shannon, and Consuela with a rueful smile.
"You know, this whole process hasn't been easy for me," she admits. "This business is my
baby, and it's been difficult to give up control. I started out by trying to do everything
myself, and when I saw that wasn't going to work out, I took my first baby steps."
David laughs. "Yeah, delegation hasn't been Janeen's strong suit, but we've come a long
way."
Consider the statements below and drag them to the appropriate level of delegation, from
the lowest level of delegation at the top, to the highest at the bottom. When you are done,
click Submit?
Here's what I need you to do. (The work which is assigned and clear instructions are also given about what is to be done. There is no freedom to act independently.)
- Look into this and give me your input. Then, I'll let you know what I decide. (Some inputs are taken but the final decision is taken by the superior.)
- Look into this and let me know what you think, and we'll figure it out together. (Decision making is shared here.)
- Look into this and let me know what you decide, but make sure that I give you the go-ahead before you proceed. (Decision can also be taken by the subordinate but the final approval will be still comes from the superior.)
- Look into this and handle it as you see fit. No need to check back with me. (Complete freedom is given to decide on the course of action with waiting for approval from the superior is also there.)
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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
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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Which of the following is not affected by a person's credit score?
OA. Federal income tax
O B. Apartment rent
OC. Ability to get a cell phone contract
O D. Credit card rates
Economic decision making is the process of choosing _____
a. how to use your income.
b. which needs and wants will be satisfied.
c. whether to buy products now or later.
d. how to spend your time.
The process of deciding which requirements and wants will be satisfied is known as economic decision-making.
Economic decisions are made in order to accomplish a number of objectives. Despite their differences, all economic decisions share the same trait: they all contain rewards and costs. Decision-makers are interested in figuring out how much they must sacrifice or yield in order to get something else that is thought to be better (benefit). Benefits are everything that is received that is seen advantageous or for the good of a person or thing, whereas sacrifices are anything that is given up or the using up of something cherished or valuable. As a result, whatever given or received, including in each case missed possibilities, is regarded as a sacrifice or benefit.
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what do you think makes us free
Answer:
Refers to the ability of a person to act out of his own free will and self-determination. This means that a person may decide to act or not to act, and these decisions are made out of his own free will. also means that a person may act even if he is not required or called to take action.
Explanation:
1.Apply the SOSTAC model to ASOS and highlight why it has become
such a successful online fashion brand?
he SOSTAC model is a strategic planning framework that stands for Situation analysis, Objectives, Strategy, Tactics, Action, and Control.
Situation analysis: ASOS operates in the highly competitive and dynamic online fashion industry. It was founded in 2000 and has grown rapidly since then to become a global brand with a presence in over 200 countries.
Objectives: ASOS's objective is to become the go-to destination for online fashion shopping. It aims to provide its customers with a seamless and personalized shopping experience that caters to their unique style preferences.
Strategy: ASOS's strategy is centered on offering a wide range of products from its own label as well as other brands, at competitive prices. It also uses technology to enhance the customer experience by providing features like visual search, social media integration, and personalized recommendations.
Tactics: ASOS uses various tactics to execute its strategy, such as aggressive marketing campaigns, partnerships with influencers, and collaborations with other brands. It also invests heavily in technology to constantly improve its online platform and provide customers with a seamless shopping experience.
Action: ASOS regularly updates its product offerings, website design, and marketing campaigns to stay relevant and appeval to its target audience. It also actively engages with its customers through social media and other channels to understand their preferences and needs.
ASOS has become such a successful online fashion brand due to its effective execution of the SOSTAC model. Its focus on offering a wide range of products at competitive prices, using technology to enhance the customer experience, and actively engaging with customers has helped it establish a strong brand identity and a loyal customer base.
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Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable cost is $50 per unit. The firm sells the product for $200 per unit.
What is the break-even point for this operation? What is the profit (or loss) on a demand of 200 units per year? $
A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable cost is $50 per unit. The firm sells the product for $200 per unit. What is the break-even point for this operation? What is the profit (or loss) on a demand of 200 units per year? $
The break-even point is the point in sales volume where total costs and total revenues are equalized. The break-even point can be expressed in sales volume or in sales dollars. The break-even point can be calculated for individual product lines or for the entire business. It is an important concept in cost accounting and helps company management understand at what point the business will go from losing money to profitability.
Break-even point = fixed cost / (unit selling price - variable cost per unit) = $9,000 / ($200 - $50) = 60 units
When the demand is 200 units, profit = revenue - total cost = revenue - (fixed cost + total variable cost) = $200 ×200 - ($9,000 + $50 ×200) = $21,000
When total cost and total revenue are equal, a small business is said to have reached its break-even point and is in a neutral position. In other words, you've arrived at the point in your manufacturing cycle where the revenue from a product is equal to its production expenses. This figure should be included in your business plan for each new venture. In addition to learning the expected return on their investments, potential investors in a business often want to know when they may expect to see those returns. This is because it might take some businesses years to start making a profit, losing money frequently in the initial months or years before breaking even. This is why any business plan should include a section on break-even point.
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what role do individuals play in a capitalist system?
Answer:
Explanation:
INCAPITALIST SYSTEM ,INDIVIDUALS ARE KEY BECAUSE THE GOVERMENT DOES NOT CONTROL ECONOMY .ALL ECONOMIC DECISIONS AND ACTIONS ARE CONTROLLED.......
5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Write an elevator pitch for someone that will start their own beauty salon/barber shop
An effective technique to introduce your company's goals and pique interest in your goods or services is through an elevator pitch. A compelling pitch will draw in potential.
Product: What does that mean?The object being sold is referred to as a product. A service or even an object both qualify as products. It might take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price.
Is a remedy a thing?The easiest way to distinguish between a product and a solution is to say that a product is what you have made and what it is capable of. A business outcome who offers your clients quantifiable value is a solution.
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What do workers in the law, public safety, corrections, and security field do?
A. They ensure that people are happy with their life experiences.
B. They help people realize their full potential.
C. They look for transportation patterns for delivering goods.
D. They seek to protect people and their property.
Answer: D ←←←←←←←←←←←←←←←←←←←←←←←←←←←←←←←
This incentive contract is based on a target price of $260,000 withexpected costs of $240,000 and target incentive of $5,000.Thecontract specifies a share ratio of 80/20. If the actual cost is $249,000, what is the seller's final fee?A.$5,000,B.$13,800,C.$11,000,D.$7,200
The seller's final fee is $7,200. which is option D. based on the incentive contract.
The seller's final fee can be calculated by subtracting the target cost from the actual cost and multiplying it by the share ratio.
First, let's calculate the difference between the actual cost and the target cost:
Actual cost - Target cost = $249,000 - $240,000 = $9,000
Next, we multiply the difference by the share ratio:
$9,000 * (80/100) = $7,200
Therefore, the seller's final fee is $7,200.
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which of the following is true of heirarchical clustering
Answer:
*See Explanation*
Explanation:
Heirarchical Clustering is a form of collective data. For example if you want to find out which Soda sells more you would collect data based on reviews from customers of each purchase. Your data will be collected in a cluster which you will then organize into a valuable marketing strategy.
Which option is an example of capital as a factor of production?
A. A government increasing taxes
B. An artist painting a picture
OC. A tree used to make paper
D. An industrial assembly line
The example of capital as a factor of production is D. An industrial assembly line
What are factor of production?In economics, factors of production can be regarded as the resources, as well as the inputs which serves as those things that is used in the production process to produce output.
It shoud be noed hat hese are needed in the manudacture of the goods and services however there are various was that these factors are been used, the various inputs determine the quantity of output with respect to the relationship called the production function.
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Bob and Alice enter a contract that is within the statute of frauds. Now, Bob wants to get out of the contract on the basis that it is unenforceable pursuant to the statute of frauds. In response, Alice produces a writing that she says evidences the contract. In order for this writing to support the claim that the contract is enforceable against Bob, it must have been signed by:
Answer:
The writing must be signed by Bob himself, or his representative or any person who has the authority to act for him.
Explanation:
Statute of frauds is defined as a provision that only allows certain transactions will be valid only when they are in writing.
Such transactions include sale of land, transactions that are above $500, and transactions that will last over a year.
In the given scenario Bob wants to pull out of the contract because it is not enforceable according to the statue of frauds.
Alice produces a writing that she says evidences the contract.
However for this to be enforceable it must be signed by Bob himself, or his representative or any person who has the authority to act for him.
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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Current interest rates on one-year bonds are
averagely 15%. If the markets expect interest rates on
one-year bonds next year to be 16.5%, what should be
the expected return on a two-year bond?
With the given current and anticipated one-year interest rates, the two-year bond's estimated return is 14.98%.
What is an interest rate?With relation to the amount lent, deposited, or borrowed, the amount of interest due each period is expressed as an interest rate. The quantity of money lent or borrowed, the interest rate, the frequency of compounding, and the length of time it is lent deposited or borrowed all have an impact on the total amount of interest that is charged.
The formula for the anticipated return on a two-year bond is as follows, presuming that the interest rate is compounded annually.
(1 + r)² = (1 + r1) x (1 + r2)
where:
r = expected return on the two-year bond
r1 = current one-year interest rate (15%)
r2 = expected one-year interest rate next year (16.5%)
Simplifying the equation, we get:
(1 + r)² = (1 + 0.15) x (1 + 0.165)
(1 + r)² = 1.32225
Taking the square root of both sides,
1 + r = 1.1498
r = 0.1498 or 14.98%
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help please!!
46. To find the net worth of a company, liabilities are subtracted from assets.
True
False
A General Power bond carries a coupon rate of 8%, has 9 years until maturity, and sells at a yield to maturity of 7%. (Assume annual interest payments.) a. What interest payments do bondholders receive each year
Answer:
$80
Explanation:
The computation fo the amount of the interest payment that bondholders received each year is shown below:
= face value of the bond × coupon rate
= $1,000 × 8%
= $80
We assume the face value of the bond be $1,000
We simply applied the above formula
And, the same is to be considered