Answer:
Personal Selling
Explanation:
The marketing tool illustrated in the question is personal selling. Personal selling is a marketing strategy that involves a sales rep meeting with a potential client for business purpose.
It makes use of 7 approaches as listed: Prospecting ,pre-approach, approach,presentation , meeting and overcoming objection , closing the sale and follow up,
In the question , we can see that Penelope fulfilled some of the approaches in the course of her meeting with the Kims.
Answer:
value we place on this house when analyzing the option of using it as a professional office is $225000
Explanation:
Given data
house cost 4 year ago = $219,000
house valued = $239,000
real estate fees = $14000
property taxes = $4,000
to find out
What value should you place on this house
solution
we know if we sell house we should pay real estate fee
so we get need money to place is present cost - real estate fees
so cost will be
cost = house valued - real estate fees
cost = 239000 - 14000
cost = 225,000
so value we place on this house when analyzing the option of using it as a professional office is $225000
Answer:
$6,400,000
Explanation:
Reduction in mailing time = 1.5 day
Reduction in clearing time = 1.5 day
Reduction in firm processing time = 1.0 day
Total = 4.0 days
Daily interest on Treasury bills = 0.025%
Average number of daily payments to lockboxes = 4,000
Average size of payment = $400
The value of the proposal will be the average number of daily payments to lockboxes multiplied by the total of 4 days which is then multiplied by the average payment size. This will be:
= 4000 × $400 × 4
= $6,400,000
Answer:
Oriole should buy the wickets.
Explanation:
The variable cost of producing wickets is $22/unit.
The fixed cost of production is $8/unit.
The total cost of producing wickets is $30/unit.
Saran company offers to sell 4900 units of wickets at $24.
If wickets are purchased it will cost $24/unit.
Since cost is lower when buying, Oriole should buy wickets.
Answer:
Debt ratio = 0.4167 or 41.67%
Explanation:
The total assets turnover is the ratio that tells us the level of net sales generated on each $1 of invested total asset. Thus the formula for total assets turnover is,
Total assets turnover = Net Sales / Average total assets
Using the formula and the available values, we calculate the total assets to be,
4.1 = 49.20 / Average Total assets
Average total assets = 49.2 / 4.1
Average total assets = $12 million
The debt ratio calculates the value of debt as a percentage of total assets.
Debt ratio = Total debt / Total assets
Debt ratio = 5 / 12
Debt ratio = 0.4167 or 41.67%
