Answer:
$289000
Explanation:
Effective Gross Income (EGI): Effective Gross Income is calculated by deducting the Vacancy and collection (V&C) loss from Gross Potential Income (GPI).
First year gross potential income (PGI) is $340,000
Vacancy and collection (V&C) loss is 15% of gross potential income
Therefore, (V&C) allowance = [$340,000 15%]
= $51,000
Calculate Effective Gross Income (EGI) for the first year of operations:
Item
Amount
Potential gross income (PGI)
$340,000
Less: V&C allowance (at 15% of PGI)
($51,000)
Effective Gross Income ( EGI )
$289,000
Hence the EGI is $289,000
Answer:
The sales presentation technique which Hughes is using is Memorized.
Explanation:
Here, it is given that Hughes has selected a technique in which he has a control over the conversation between the buyer and seller.
So, this type of sales presentation is known as memorized sales presentation.
Sales presentation are of different types:
- Webinars
- Seminars
- Full sales presentation
- Business presentation
- The elevator pitch nd some more.
Sales conversation: This term is commonly used inside sales.
It is also referred as call conversation between two or more people in an organisation.
Memorized sales presentation: In this type of sales presentation we can approach to our customers by memorizing all of the terms we have to speak about our product to the customers.
It is also known as problem-solution selling.
Answer:
What lessons are we to learn from this?
The Hanseatic league, just like the Northern Italian City-States of the Late Middle Ages, are early examples of capitalism: they represent proto-capitalism.
In the cities that belonged to the Hanseatic League, the work of merchants was promoted, and capital accumulation and the profit motive began to develop. However, this does not meant that cooperation was out of place. The merchants cooperated voluntarily because they could get more working in association.
Are there prospects for more merchant leagues in an increasingly globalized economy?
There will always be the prospect for more merchant leagues, because people naturally cooperate if it is in the benefit of all the parties.
In fact, trade unions and economic unions could be seen as a form of merchant league, that are created by states instead of individual merchants.
The bag's coloring and design are considered its trade dress.
<h3>
What is a trade dress?</h3>
- The commercial look and feel of a product or service that identifies and distinguishes the source of the product or service are referred to as trade dress.
- It encompasses the different aspects (such as material design and shape) used to package a product or service.
<h3>What is a certification mark?</h3>
- A certification mark is a sort of trademark that is used to show consumers that specific goods and/or services, or the providers of those goods and/or services, have satisfied certain requirements.
<h3>What is a service mark?</h3>
- A "service mark" is a form of trademark that is protected and governed by the Lanham Act.
- Service marks are used to identify and distinguish one individual's or organization's services, even if they are unique, from those supplied by others.
<h3>What is a collective mark?</h3>
- A collective trademark, collective trademark, or collective mark is a trademark owned by an organization that is used by its members to identify themselves with a certain degree of quality or accuracy, geographical origin, or other features specified by the organization.
Therefore, the bag's coloring and design are considered its trade dress.
Know more about trademarks here:
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