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Marianna [84]
1 year ago
12

Karen rogers is a salesperson for solar panels inc. she attends builder trade shows to identify potential customers in an effort

to build long-term profitable relationships. karen rogers is engaging in which step of the selling process? prospecting preapproach presentation approach demonstration
Business
1 answer:
Nana76 [90]1 year ago
5 0
Karen is prospecting, which does occur within the larger category of preapproach. She is actively identify prospective customers to differentiate those who would most likely to buy her product, but she has yet to carry out interactions, she is still organizing her ideas and identifying her likely customers, but not actively engaging with a presentation or approach, as such this is prospecting.
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the property taxes on a house that Alan owns and rents out to have increased. to balance his monthly budget, he decides to incre
Allushta [10]
In this scenario the type of tax his tenants pay is called Indirect tax
3 0
2 years ago
Read 2 more answers
Flapper Jack's Pancake Restaurants Inc. sells franchises for an initial fee of $36,000 plus operating fees of $500 per month. Th
Len [333]

Answer:

The journal entry will involve the credit to Unearned franchise fee revenue which amounts to $36,000

Explanation:

The journal entry which is to be recorded for signing the substantial and the collection of note receivable is as:

March 15, 2020

Cash A/c......................................Dr    $36,000

   Unearned franchise fee revenue A/c......Cr   $36,000

As cash is received and that amounts to $6,000, the remaining balance amount of $30,000 being debited to Note receivable will be recognized during the year as and when received. And the Unearned franchise fee revenue for $36,000 is credited because signing date and the performance is yet pending.

3 0
2 years ago
Assume the current Treasury yield curve shows that the spot rates for six​ months, one​ year, and one and a half years are 1 %1%
Ludmilka [50]

Answer:

present value of bond = $1042.96

Explanation:

given data

spot rates for six​ months = 1%

spot rates for one and = 1.1%​

spot rates for one and half years = 1.3%​

price = $1000

coupon bond = 4.25%

time = 6 month

solution

we get here first price on bond paid that is

coupon paid = $1000 × 4.25 × 0.5   = $21.25

we get here present value of 6 month and 1 year and 1 and half  year

present value  =   \frac{coupon\ payment }{(1+\frac{spot \ rate}{2})^t}     ..............1

present value of 6 month = \frac{21.25}{(1+\frac{0.1}{2})^1}    = 20.23

present value of 1 year = \frac{21.25}{(1+\frac{0.011}{2})^2}   = 21.01  

present value of 1 year and half year = \frac{21.25}{(1+\frac{0.013}{2})^2}   =  20.97

and

now we get present value of par value in 1 and half year

present value of par value in 1 and half year = \frac{par\ value}{(1+\frac{spot rate}{2})^3}  

present value of par value in 1 and half year = \frac{1000}{(1+\frac{0.013}{2})^3}

present value of par value in 1 and half year = 980.75

so

present value of bond will be as

present value of bond = 20.23 + 21.01 + 20.97 + 980.75

present value of bond = $1042.96

5 0
1 year ago
For each of the following events, identify which of the determinants of demand or supply are affected. If demand is unaffected b
Ratling [72]

Answer:

(1) Demand Determinant - No. of buyers

Supply Determinant - None

When people decided to have more children then this will result in more number of buyers. This will affect the demand for a particular good and shifts the demand curve towards right.

(2)Supply Determinant - Input prices

Demand Determinant - None

Steel is an input for the firms and if there is an increase in the price of steel then as a result cost of production increases which results in lower supply for their product.

(3) Supply Determinant - Technology

Demand Determinant - None

New technology will increase the productivity of the firms and hence, increase the supply of the products.

(4) Demand Determinant - Price of substitute or complimentary goods

Supply Determinant - None

If the price of substitute good rises then as a result demand for minivans increases. This will shift the demand curve rightwards.

(5) Demand Determinant - Income

Supply Determinant - None

Decrease in the wealth of the consumers will result in lower demand for the minivans. Therefore, demand curve shifts leftwards.

3 0
1 year ago
Ryan Co. sells major household appliance service contracts for cash. The service contracts are for a 1-year, 2-year, or 3-year p
ollegr [7]

Answer:

$475,000

Explanation:

The amount should be reported as unearned service contract revenues in Ryan's December 31, Year 1, and balance sheet will be the amount that has not expired in year 1 or outstanding service contracts that will expire in year 2 to year 4. Therefore,

Year 2 + Year 3 + Year 4 = $150,000 + 225,000 + 100,000 = $475,000 should be reported as unearned service contract revenues.

5 0
1 year ago
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