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Alexeev081 [22]
4 years ago
8

Which step of the personal selling process did sam engage in when, early in his career, he made in-person cold calls with profes

sors on various campuses?
Business
1 answer:
irina1246 [14]4 years ago
5 0
<span> The personal selling process includes the following steps: prospecting, pre-approach, approach, presentation, meeting objections, closing the sale, and follow-up</span><span>
When Sam early in his career made in-person cold calls with professors on various campuses he engage the first step (prospecting)</span> of the personal selling process.
<span>While prospecting the sales representative has contact with many people who are potentially buyers.</span>
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Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business,
JulsSmile [24]

Answer:

Ayala Architects

General Journal

April 1

Debit  : Cash $18,270

Credit : Common Stock $18,270

April 1

Debit  : Salaries expense ($381 x 4) $1,524

Credit : Salaries Payable $1,524

April 2

Debit  : Rent expense $914

Credit : Cash $914

April 3

Debit  : Supplies $1,320

Credit : Accounts Payable - Burmingham Company  $1,320

April 10

Debit  : Accounts Receivable $1,929

Credit : Service Revenue $1,929

April 11

Debit  : Cash  $711

Credit : Deferred Revenue

April 20

Debit  : Cash $2,842

Credit : Service Revenue $2,842

April 30

Debit  : Salaries expense $1,524

Credit : Cash $1,524

April 30

Debit  : Accounts Payable - Burmingham Company $305

Credit : Cash $305

Explanation:

Journal entry for the transactions have been prepared above.

4 0
3 years ago
explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and
Sveta_85 [38]

Answer:

how the looting of shops and malls will affect businesses of the terms of the relationship between social responsibility and triple bottom line.

4 0
3 years ago
Journalize the following transactions for Griffin Company. Assume a perpetual inventory system. Also, assume a constant gross pr
joja [24]

Answer:

1) October 1:

1.1

Debit Cost of Goods sold $3,600

Credit Merchandise $3,600

1.2

Debit Cash $6,000

Credit Revenue $6,000

2) October 7

2.1.

Debit Revenue $670

Credit Cash $670

2.2.

Debit Merchandise $402

Credit Cost of Goods sold $402

Explanation:

1. October 1: when sold goods, the company recorded Cost of Goods sold and revenue:

1.1

Debit Cost of Goods sold $3,600

Credit Merchandise $3,600

1.2

Debit Cash $6,000

Credit Revenue $6,000

2. October 7

The percentage of revenue that merchandise returned = $670/$6,000 = 11.17%

Assume a constant gross profit ratio for all items sold.

Cost of returned merchandise = $3,600 x 11.17% = $402

2.1.

Debit Revenue $670

Credit Cash $670

2.2.

Debit Merchandise $402

Credit Cost of Goods sold $402

5 0
3 years ago
Mr. Slake sold 1,580 shares of publicly traded DDL stock (tax basis $49,240) for $40,000 cash on February 13. He paid $43,000 ca
garik1379 [7]

Answer:

$9,240 loss recognized

$43,000 basis

Explanation:

Tax basis of share purchase is the cost of share together with any tax related to this purchase.

Mr. Slake's loss recognized on the February 13 sale is $9,240 = total cost of 1,580 share purchased in the past - total amount collected from sales of these share =  $49,240 - $40,000 = $9,240

His tax basis in purchase of 1,600 shares on Mar 2 is  $43,000, the total cost he paid to acquire 1,600 shares

5 0
4 years ago
In the news article, the author predicts that the future will be more contentious than the past because the rising incomes requi
shutvik [7]

Economics in the micro-level is scarcity economics, means that every decision that is made by an individual is created based on the availability of the scarce product.

<h2>Further Explanation:</h2>

The economic is a human activity that has a purpose in improving the social standard of living based on the choice of scarcity.

Take an example of the goods for production.

In the fundamental theory of economy, which accommodated in Adam Smith in the latest 18th century.

Human has to choose among

  1. Lands / Capital
  2. Labor
  3. Entrepreneurship

The development of economy nowadays made a lot of health care facility to be more achievable. Take a look at public healthcare; in the past, there is no concept of insurance or general health standard. There is no standard of safety in working place. There is no transparent constitution background for someone to be safe.

Also, take a look at how easy a person in getting food. There is no more activity, like hunting for a person to get food.

<h2>Learn more</h2>
  • Account with highest interest : brainly.com/question/2989392
  • The scope of microeconomic:  brainly.com/question/12147678

<h2>Details of the question</h2>

Grade: University level

Subject: Economy

Chapter: Microeconomy

4 0
3 years ago
Read 2 more answers
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