Answer:
8.66%
Explanation:
The computation of the real rate of return is shown below:
Real rate of return = {( 1 + nominal rate of return) ÷ ( 1+ inflation rate)} - 1
= {( 1 + 11.65%) ÷ ( 1 + 2.75%)} - 1
= {(1.1165) ÷ (1.0275)} - 1
= 1.086 - 1
= 0.0866 or 8.66%
We simply apply the formula in which the numerator is nominal rate of return and denominator is inflation rate of return
Answer:
overhead cost = $600
Explanation:
given data
overhead rate = $120 per labor hour
time required = 5 hours
to find out
overhead cost
solution
we get here overhead cost that is express as
overhead cost = overhead rate × time required ..............1
put here value and we get
overhead cost = $120 × 5
overhead cost = $600
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:
If I had to take responsibility for advertising job for a company, there would be two possible methods that I use:
The first option is to post the job advertisement on social network or the website of the company. This can help approach the candidates who have already known about the company and concerned about the job opportunity here.
The second choice is to cooperate with a headhunter agency. By this method, the process that I have to be in charge of would be shorter, saving the time. In addition, headhunter companies have huge data of candidates and can approach much more than a company or a recruiter could do. They also have experience in screening the CV, interview to look for the most suitable candidates.
Answer and Explanation:
According to the scenario,the computation of the given data are as follow:-
The budget is an estimation of expenses and revenue over a specific future time and it is re-evaluated and compiled on a period of time. The budget can prepare for a business, a government and a group of people, etc. It is an analysis of the income and expenditure that is useful for financial planning.
Based on this, the preparation of the flexible budget performance report is presented in attached excel spreadsheet. Kindly find it below
