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4 years ago

While recruiting the sales force, sales managers prefer salespeople who:?

1 answer:

7 0

<span>Sales managers prefer salespeople who, 1) have initiative, 2) are charismatic, 3) are hard workers, and 4) responsible. A sales manager would not want to hire a person who is not willing to put in work to make a sale or will come off unprofessional or otherwise rude. Friendly, charismatic people make sales: not rude, unprofessional slobs.</span>

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Consider Derek's budget information: materials to be used, $64,750; direct labor, $198,400; factory overhead, $394,800; work in

natita [175]

Answer:

Option (c) is correct.

Explanation:

Given that,

Materials to be used = $64,750;

Direct labor = $198,400;

Factory overhead = $394,800;

Work in process inventory on January 1, = $189,100;

Work in progress inventory on December 31, = $197,600

Firstly, we are calculating the manufacturing cost by adding direct material, direct labor cost and factory overhead. It is calculated as follows:

= Direct material + Direct labor + Factory overhead

= $64,750 + $198,400 + $394,800

= $657,950

Cost of goods manufactured determine the value of goods produced during a period of time. It refers to the cost that is incurred to convert the raw material into the finished goods.

Therefore, the cost of goods manufactured is calculated as follows:

= Manufacturing cost + Opening work in process - Closing work in in process inventory

= $657,950 + $189,100 - $197,600

= $649,450

3 0

3 years ago

The federal government has often relied on ____ to pay for wars or social programs.

liubo4ka [24]

Deficit Financing. Wh ich means that government spends more money than it brings in and makes up the difference either by borrowing funds or minting more money. Deficit financing can happen for a lot of reason and not only due to war or social programs.

5 0

3 years ago

A company recently paid out a $4 per share dividend on their stock. Dividends are projected to grow at a constant rate of 5% int

mars1129 [50]

Answer:

The holding period return is 8%

Explanation:

In this question we need to find the holding period return for the stock, and for that we would need to know what is the stocks current price, what would the stocks price be in one year and how much dividend it will pay during the year. Their last dividend paid was $4 and their dividend is expected to grow at 5% in the future so the dividend paid in the current year would be 4*1.05= 4.2.

To find the current price of the stock we will use the DDM formula

DDM= D*(1+G)/R-G

(4*1.05)/(0.08-0.05)

Price = 140

Now we need to know what the stocks price would be in one year. For that we need to know the previous dividend which is 4.20, the growth rate which is 5% and the required rate of return which is 8%

DDM= (D*(1+G)/R-G

4.2*1.05/0.08-0.05

Price = 147

So now we know the current price, current year dividend and year end price we can calculate the holding period return.

Holding period return = (Dividend +(End of period price-Initial Price))/Initial Price

Dividend = 4.20

End Period Price = 147

Initial Price = 140

Holding period return = 4.20+(147-140)/140

=11.20/140

=0.08

=8%

5 0

3 years ago

A house is being appraised using the sales comparison approach. The house has three bedrooms, two bathrooms, and a patio. The ap

Nadusha1986 [10]

Answer:

$192,000

Explanation:

Data provided in the question:

Value of the house with three bedrooms, 2.5 bathrooms, and no patio = $200,000

Value of half bath = $10,000

Value of patio = $2,000

Now,

The comparable house has 0.5 bath less and 1 patio

Therefore,

While calculating the adjusted value of the comparable value of half bath will be deducted and value of patio will be added

Thus,

The adjusted value of the comparable = $200,000 - $10,000 + $2,000

= $192,000

4 0

3 years ago

The _____ depicts the degrees and kinds of involvement a consumer brings to the purchase decision for different products. It als

Inga [223]

Answer: Kim-Lord model

Explanation: Some purchases made by consumers require a high degree of involvement such as cars, mobile phones etc on both cognitive and affective levels. Others do not. This phenomenon is explained by the Kim-Lord grid model of cognitive response from highly effective advertisements. The model states that purchase related decisions of consumers are based on or is highly influenced by affective and cognitive factors and that all aspects of advertising should be focused on these areas.

8 0

3 years ago

While recruiting the sales force, sales managers prefer salespeople who:​?

While recruiting the sales force, sales managers prefer salespeople who:?