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Gnom [1K]
2 years ago
11

Exchanging business cards in Asia must be done with respect, according to the customs and norms of the country or region. This p

rotocol is considered important during which stage of the personal selling process?
Business
1 answer:
3241004551 [841]2 years ago
4 0

Answer:

Approach

Explanation:

The personal selling process is a term used in marketing that describes a seven-step operation, which includes the following stages: prospecting, pre-approach, approach, presentation, meeting objections, closing the sale, and follow-up. All the stages deal with issues of sales and marketing solutions.

However, the Approach stage is defined as the preliminary meeting between the salesperson and the prospective customer, whereby the salesperson gets to know the potential customer in a very short period of time. This includes how to greet in accordance with the customs and norms of the potential customer.

Hence, in this case, the correct answer is APPROACH

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Judi Pendergrass is an account representative at Ever Pharmaceuticals. She has a company car for customer visits, which she uses
scoundrel [369]

Answer: None

Explanation: The IRS commuting rule allows for business travel expenses to be deducted as business expenses but this does not apply to commuting expenses.

Business travel expenses include Judi driving the company car to customer's locations or using any other form of transportation to meet a client. It even covers travelling by plane to another state for the same purpose.

It however does not apply to travelling between home and work, this is a daily travel expense as you need to get to work anyway.

8 0
2 years ago
Suppose you and a classmate are playing a game where your classmate proposes a division of​ $1.00. ​ Then, you either accept or
pochemuha

Answer: The correct answers are "A. Accept" and "$ 0.01".

Explanation: Given that we talk about optimal strategy when maximizing the expected profit by the player:

In the first case It is convenient to accept the proposal and keep $ 0.12, instead of rejecting it and running out of nothing.

And in the second case it is convenient to give the classmate as little as possible so that he accepts and we have a greater profit.

4 0
2 years ago
During the current year, Brewer Company acquired all of the outstanding common stock of miller Inc. paying $12,000,000 cash. The
Lesechka [4]

Answer:

See the explanation below:

Explanation:

The merged details are first sorted as follows:

Details                                        Book Value ($)            Fair Value ($)

Accounts receivable                     1,800,000                   1,625,000

Inventories                                     2,700,000                  4,000,000

Property Plant and Equipment     9,000,000                 11,625,000

Accounts payable                          3,000,000                 3,000,000

Bonds payable                               4,500,000                  4,125,000

The calculation will now be done using the fair value as follows:

Total fair value of assets = $1,625,000 + 4,000,000 + 11,625,000 = $17,250,000

Total fair value of liabilities = $3,000,000 + 4,125,000 = $7,125,000

Fair Value of Miller Inc. Equity = $17,250,000 - $7,125,000 = $10,125,000

Goodwill from the acquisition = $12,000,000 - $10,125,000 = $1,875,000

The journal entries will look as follows:

<u>Details                                          Dr ($)                      Cr ($)          </u>

Goodwill                                   1,875,000

Miller Inc. Equity acquired      10,125,000

Cash                                                                         12,000,000

<u>To record the acquisition Miller Inc.                                                 </u>

7 0
2 years ago
Griffin and Rhodes formed a partnership on January 1, 2009. Griffin contributed cash of $120,000 and Rhodes contributed land wit
Tresset [83]

Answer:

correct option is B. $15,000

Explanation:

given data

contributed cash = $120,000

Fair Value of land = $160,000

originally paid = $90,000

Sale value of land = $190,000

to find out

how much of the gain from sale of land should be credited to Griffin for financial accounting purposes

solution

gain on sale is here as

gain on sale = Sale value of land - Fair Value of land -

Gain on sale of land = $190,000 - $160,000

Gain on sale of land = $30000

split the $30000 between the equal partners for a total gain credited to Griffin

total gain credited to Griffin = $15000

so correct option is B. $15,000

6 0
2 years ago
Bramble Corp. took a physical inventory on December 31 and determined that goods costing $210,500 were on hand. Not included in
Fofino [41]

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Explanation:

nsnnsjsjsokdksnjsn

3 0
2 years ago
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