Answer:
$30,604
Explanation:
The computation of the interest expense for the year 2020 is as follows:
2019 interest expense is
= Equipment amount × rate of interest
= $311,967 × 9%
= $28,077
The Dec 31 2019 liability of book value is
= $311,967 + $28,077
= $340,044
Now the interest expense for the year 2020 is
= $340,044 × 0.09
= $30,604
Answer:
personal care service workers because they know what they are doing and are good
Jamie should first set a Sales Call goal.
Jamie, a salesperson, is discussing her goals with her coworker. She mentions that she has set an account goal of $30,000. In order to achieve her account goal, Jamie should first set a <u>Sales call goal</u>.
The purpose of sales call objectives is to set a foundation and create a roadmap to the promised land. In other words, the objective of Sales call is to set an objective and make a plan to obtain the same. As in Jamie's case, her account goal is of $30,000, In order to obtain this account goal she need to first set a Sales call in which she will need to build an initial level of trust with her target audience/ prospect.
While setting the Sales call, few things should be kept in mind as basic rules like building a good relationship with the customers so that they come back to the same salesperson, ask for their feedbacks, this will also help in enabling trust between the two parties etc.
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<span>Of the seven commonly used organizational buying criteria, consumer demand is very important. If the consumer wants the product and is sure to purchase the product, organizational financial goals are likely to be met as the product will quickly sell.</span>
Answer:
65%
Explanation:
Given that
Sales = $979,000
Variable manufacturing expense = $232,000
Variable selling and administrative expense = $110,650
The computation of contribution margin ratio is shown below:-
Contribution margin ratio = (Sales - Variable manufacturing expense - Variable selling and administrative expense) × 100 ÷ Sales
= ($979,000 - $232,000 - $110,650) × 100 ÷ $979,000
= ($979,000 - $342,650) × 100 ÷ $979,000
= $636,350 × 100 ÷ $979,000
= 65%
