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Reil [10]
4 years ago
15

Damian works at the Container Store. While he is placing inventory on the shelves, a customer comes up to him. The customer ment

ions she saw an advertisement on a new storage product that just came out. Damian informs the customer that the store is out of the product but will be getting a new shipment tomorrow. When the lady asks Damian if they have any similar products, Damian leads her to a product that he feels will meet her needs. He tells her while this a bit smaller, it also costs less and is on sale. Damian is engaging in ______
Business
1 answer:
notka56 [123]4 years ago
8 0

Answer:

Damian is engaging in personal selling.

Explanation:

Personal selling is when a sales agent talks to a customer face to face in order to sale a product. This is a technique in which the salesperson explains the features of the product to try to convince the customer to buy the good offered. In this, the attitude of the sales person and showing knowledge of he product is really important. In this case, it is personal selling because the customer gets to the store  looking for a product that is not available in the moment but the seller in a face to face conversation is able to offer a similar one that can meet the client's needs and explains the advantages of that one.

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New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $500,
a_sh-v [17]

Answer:

$11,050

Explanation:

The additional spendable income will be calculated as follows:

As a corporation: $500,000 X (1-34%) X (1-35%) / 10 = $21,450 per investor

As a business: $500,000 X (1-35%) / 10 = $32,500 per investor

Additional spendable income for each investor = $32,500 - $21,450 = $11,050

5 0
4 years ago
The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable
Ganezh [65]

Answer: ($43,300)

Explanation:

Hello.

Your question is incomplete as it lacks the first part.

Parrain to the rescue I guess.

I have attached the complete question.

Right then.

We can see that the net income for the East Division is $113,700.

If we were to eliminate West Division, it is said that its traceable fixed costs could be avoided but Total common corporate costs would be unaffected by this decision.

Since that is the case then we can simply subtract the Total common corporate costs from East Division's Net Income to find out the Overall Company Profit (loss).

= 113,700 - 157,000

= -$43,300

The elimination of the West Division would result in an overall company net operating (loss) of ($43,300)

4 0
3 years ago
When computing the present value, the interest rate will vary depending on the amount of risk. riskier investments, such as fdic
horrorfan [7]

The statement is  True . When computing the present value, the interest rate will vary depending on the amount of risk. Riskier investments, such as FDIC-insured bank deposits, command higher interest rates.

A high-risk investment is, therefore, one wherein the probabilities of underperformance, or of a few or all the investments being lost, are higher than average. Those investment opportunities often offer traders the capability for large returns in exchange for accepting the related stage of hazard.

High-risk investments encompass foreign exchange, REITs, and initial public offerings (IPOs). There are different types of excessive-chance investments inclusive of assignment capital investments and making an investment in the cryptocurrency market.

Broadly speaking, there are main categories of hazards: systematic and unsystematic. Systematic hazard is the market uncertainty of funding, which means that it represents external factors that affect all (or many) companies in an industry or group.

Disclaimer: The question is incomplete. Please read below to find the missing content.

Question: When computing the present​ value, the interest rate will vary depending on the amount of risk. Riskier​ investments, such as FDIC−insured bank​ deposits, command higher interest rates.

True

False

Learn  more about riskier investments here brainly.com/question/1534279

#SPJ4

7 0
2 years ago
Nikki, the design and development manager at Holden Outerwear, says she likes "taking something everyone does every day and doin
swat32

Answer:

Democratic leadership style.

Explanation:

The phrase " taking something everyone does everyday and doing it slightly different" means that the manager does not tell them what to do instead she copies and make changes to whatever they are doing.

7 0
3 years ago
Read 3 more answers
he most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet Sales 91,200
klio [65]

Answer:

The sustainable Growth Rate is 15.46%

Explanation:

Return on equity= (Net income/Equity Shareholder's Fund) * 100

= ($19,789 / $83,200) * 100

= 23.78%

Payout ratio is 35%.

Therefore, Retention Rate is 65% or 0.65

Sustainable Growth Rate = Return on Equity * Retention Rate

= 23.78% * 0.65 =

= 0.2378 * 0.65

= 0.15457

= 15.46%

Thus, the sustainable Growth Rate is 15.46%

5 0
3 years ago
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