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2 years ago

In order for a lead to be considered a sales prospect, the lead must have a need for the salesperson's product.

1 answer:

4 0

So as for a cause to be taken into consideration a sales prospect, the leaders needs to have a want for the salesperson's product. False

A sales prospect is a person who's a capable customer of your service or product. however, a prospect has now not yet engaged along with your enterprise or entered the sales procedure.

A good income prospect is one that you can attain easily. You ought to be able to speak with that man or woman and decide if they are in shape and have an appropriate consumer profile. They must also be in a role to obtain your merchandise if you make a sale.

Potentialities are feasible clients, and prospecting is finding possible clients. income reps use prospecting to make bigger the dimensions in their potential client base.

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Greenwell Farm Equipment sells a tractor to Farmer for $130,000 on January 1, 2019. The tractor is delivered that day. Greenwel

agasfer [191]

Answer:

Present value of interest is $5,062 and future value is $5,796

Explanation:

The formula for finding the Present value of the interest reported as revenue is calculated as under:

Present Value of $40,000 receivable in 2 years = $40,000 / (1+7%)^2

Present Value of $40,000 receivable in 2 years = $34,938

The difference of the future value receivable and present value of the future amount receivable is the interest's present value which is given as under:

Interest Present value = $40,000 - $34,938 = $5,062

Using the compounding formula, the future value of the interest that will be recorded in the financial statement will be = $5,062 * (1 + 7%)^2 years

Future value of interest = $5796

7 0

3 years ago

Oceans inc. , a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches

USPshnik [31]

Oceans Inc., a seafood distributor, agrees to buy from Paul, a commercial fisherman, any "overstock" of fish that Paul catches in excess of his legal limit. This agreement is most likely void. Option C. This is further explained below.

<h3>What is overstock?</h3>

Generally, Oceans Inc., a distributor of seafood, has reached an agreement with Paul, a commercial fisherman, to purchase any "overstock" of fish that Paul captures in excess of the legal limit for his vessel.

This results in an increase in financial expenses since the investment is left in the storage facility rather than being used to generate cash flow or profits. Drives up the cost of logistics due to the fact that warehouse upkeep sometimes results in unused space and additional labor charges.

In conclusion, Overstocking, often known as "surplus stock," occurs when retailers buy more of a product than they actually move out of their shops. If a retailer overorders goods, they will end up with an excessive amount of stock. This surplus merchandise will either be left on shop shelves or in the warehouse, which may be detrimental to the company's profitability.

Read more about overstock

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Complete question

Oceans Inc., a seafood distributor, agrees to buy from Paul, a commercial fisherman, any "overstock" of fish that Paul catches in excess of his legal limit. This agreement is most likely

a. enforceable.

b. valid.

c. void.

d. voidable.

3 0

2 years ago

Depreciation for a tax-paying firm:_________.

r-ruslan [8.4K]

Answer: a) increases expenses and lowers taxes.

Explanation:

Depreciation accounts for the wear and tear in fixed assets over their period of use. It is accounted for every period in the Income Statement as an expense which means that its addition increases the business's expenses.

It does that the advantage of being tax deductible however. This then means that it can be subtracted from Net Income for tax purposes. When that is done, it will reduce the Net Income thereby reducing the amount of taxes that can be charged on the company.

5 0

2 years ago

The master budget at Western Company last period called for sales of 225,000 units at $9 each. The costs were estimated to be $3

Vadim26 [7]

Answer:

Sales volume variance $26,250 Favorable

Explanation:

The sales volume variance is calculated as the difference between the budgeted and the actual sales volume multiplied by he standard contribution per unit

Units

Budgeted sales units 225,000

Actual sales units 230,000

Sales volume 5,000 favorable

Standard contribution(9-3.75) × $5.25

Sales volume variance $ 26,250

Sales volume variance $26,250 Favorable

Note standard contribution = standard selling price - standard variable cost

6 0

3 years ago

How did President Trump react to the two multilateral trade agreements, the Trans Pacific Partnership and the Transatlantic Trad

zhenek [66]

Options:

He pulled the United States out of these negotiations.

He attempted to expand these agreements to include other nations.

He quickly signed the agreements after taking office.

He asked that the United States control more than 50 percent of the involved nations.

He agreed that even more multilateral trade agreements should be established.

Answer:He pulled the United States out of these negotiations.

Explanation:Trans Pacific Partnership is one of the strategic policies of Former president barrack Obama,it involves a dress trade agreements between the United States of America and the Asian countries but in 2017,President Trump withdrew from the trade agreements.

President Trump also pulled out if the Transatlantic Trade and Investment Partnership which was a trade agreement between the United States of America and Europe.

7 0

3 years ago