Answer:
Net purchases:
= Purchases - Purchase Returns and Allowances - Purchase Discount
= 500,000 - 14,000 - 9,000
= $477,000
Cost of goods sold:
= Net purchase + Freight-in
= 477,000 + 15,000
= $492,000
A salesperson should focus his or her sales resources on only one individual in the buying organization.
The statement is false.
Top 5 skills for a career in sales:
- Confidence - maintaining a positive mind-set.
- Resilience - communicating with conviction.
- Active listening - expertise in the customers' desires.
- Rapport building - promoting your personality.
- Entrepreneurial spirit - chronic self-development.
The essential duty of a salesperson is selling. This responsibility consists of assembling the prospects, offering and demonstrating the goods, inducing the prospects to shop for, taking orders, and effecting income. a salesman needs to manual the customers in buying the products they want.
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A salesperson should focus his or her sales resources on only one individual in the buying organization.
True
False
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Phyllis' RATE (percentage) of return is 7 percent
<u>Explanation:</u>
Data provided in the question:
Purchase price for each share = $50
Dividend received = $1 per share
worth of shares at the end of year = $52.50
Thus, total return on the share = dividend received plus worth of sahres at the end of year minus purchase price
= $1 plus $52.50 minus $50 = $3.5
Therfore, rate of return = [ total return on the shares by purchase price ] into 100%
= [$3.5 by $50] inot 100 percent
= 7 percent
hence, the option with 7 percent will be the correct answer.
<span>the exclusive possession or control of the supply or trade in a commodity or service.</span>