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3 years ago

When a salesperson asks for the sale, he or she is trying to:_________.

Business

1 answer:

elena-14-01-66 [18.8K]3 years ago

4 0

Answer:

Close the sale.

Explanation:

When a salesperson asks for the sale, he or she is trying to close the sale. In sales and marketing, the term closing with respect to a sales can be defined as the process of making a business sale successful such as through the exchange of money for a particular product or goods.

For a salesperson to be able to close a sales, he or she require abilities such as courage, negotiation skills, listening ears and interpersonal skills to do so or achieve a successful sales.

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Equity Method for Stock Investment On January 4, Year 1, Ferguson Company purchased 108,000 shares of Silva Company directly fro

r-ruslan [8.4K]

Answer:

January 4, year 1, investment in Silva Company (36% of outstanding stocks)

Dr Investment in Silva Company 5,184,000

Cr Cash 5,184,000

July 2, year 1, distributed dividends ( $292,000 x 36%)

Dr Cash 104,400

Cr Investment in Silva Company 104,400

December 31, year 1, net income reported by Silva Company ($971,000 x 36%)

Dr Investment in Silva Company 349,560

Cr Revenue from investment in Silva Company 349,560

Balance of Investment in Silva Company = $5,184,000 - $104,400 + $349,560 = $5,429,160

Explanation:

Since Ferguson exercises significant influence over Silva Company, they must record the investment using the equity method.

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3 years ago

Akamai Technologies is a dominant player in the content delivery network (CDN) market. Akamai is not very diversified (i.e., is

vladimir2022 [97]

Answer:

The answer is: Akamai will probably lower its prices too.

Explanation:

When a company's competitors offer similar products and lower their prices, they are expecting a substitution effect to happen. This means that your customers will stop buying from you and will start buying similar substitute products from the competition at lower prices.

Akamai will probably try to avoid this from happening and the only feasible way they can do it is by also lowering their prices to match the competition's.

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4 years ago

Starbucks traditionally has relied on a franchising model to expand internationally. But when it came to India, the coffee chain

PtichkaEL [24]

Answer:

joint venture

Explanation:

Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.

A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.

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3 years ago

Inventory items with a cost of $3090 were excluded from ending inventory. These goods were in transit from Flores company to Bar

Dovator [93]

Answer:

the journal entry to record this adjustment would be:

December 31, 202x, adjustment to merchandise inventory

Dr Accounts payable 3,090

Cr Merchandise inventory 3,090

When goods are purchased FOB destination, the title of the goods passes only after the goods have been delivered to the buyer. Also, freight costs should be paid by the seller. When goods are purchased FOB shipping point, the title of the goods passes after the goods leave the seller's dock, they are considered property of the buyer even if they haven't arrived yet. Freight costs are generally paid by the buyer.

3 0

3 years ago

When experiences are insufficient and the risk of making a wrong decision i high, a consumer is more likely to use _____________

Aleksandr-060686 [28]

CORRECT ANSWER:

An external search.

STEP-BY-STEP EXPLANATION:

Where past experience or expertise is inadequate, there is a high risk of making a wrong buying decision and a low cost of gathering information. We have 3 primary sources.

The primary sources of external information are

1-personal sources

2-public sources

3- marketer-dominated sources

8 0

3 years ago

Read 2 more answers