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3 years ago

Before, during, and after a sale, a selling strategy must focus on

1 answer:

4 0

<span>Before, during, and after a sale, a selling strategy must focus on meeting a customers needs.

It is important when you are trying to sell a product or service to someone, that they see the benefits themselves. As a sales person your job is to make sure the product you have is meeting the customers needs fully because if they don't see that, they won't make the purchase. As a customer, whenever I buy a product I run down a list of ways it will benefit me or why I need it.
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At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $195,000 and Total Liabilities of $75,000.

olchik [2.2K]

Answer:

The answer is: Equity at the end of the year will be $123,000

Explanation:

At the beginning of the year the balance sheet was as following:

assets $195,000 liabilities $75,000

equity $ 120,000

Then during the year the income statement is:

total revenues $226,000
<u>total expenses $175,000 </u>
net income $ 51,000 (this increases assets and equity)

If the owners withdrew $48,000, then cash and equity will decrease.

The ending balance for the year:

assets $195,000 + $51,000 liabilities $75,000

-$48,000 = equity $120,000 + $51,000 - $48,000 =

$198,000 $123,000

5 0

3 years ago

Using the information below, calculate gross profit for the period: Beginning Raw Materials Inventory$25,000 Ending Raw Mater

nevsk [136]

Answer:

Gross Profit 714,000

Explanation:

Gross Proft: is the diference between the sales revenue and the cost of the goods sold.

Sales revenue 1,254,000

Cost of Goods Sold (540,000)

Gross Profit 714,000

note: All the other account and values are irrelevant to determinate the gross profit.

<u>Other way to calculate gross profit:</u>

(sale price per unit - cost per unit) x unit sold

5 0

4 years ago

The weighted moving average forecast for the fifth period, with weights of 0.15 for period 1, 0.20 for period 2, 0.25 for period

bulgar [2K]

Answer:

a. 3,760

Explanation:

The computation is shown below:

Period Demand Weight Demand × weight

1 3,500 0.15 525

2 3,800 0.20 760

3 3,500 0.25 875

4 4,000 0.40 1,600

Total 3,760

We simply multiplied the demand with the weight to get the total.

4 0

3 years ago

Capital brought into a business in exchange for a percent of ownership in the business is called

neonofarm [45]

Answer:

D: Equity financing

Explanation:

Equity is ownership in the business - equity financing means giving up ownership in order to secure financing.

3 0

3 years ago

I want to know about starting my own business or franchise can you help me get started thsnk you. Dennisomalley

Harrizon [31]

A franchise business can be started with purchasing a franchise rights, these rights are usually sold by chain businesses however there are some small businesses who also provide franchise.

<h3 /><h3>What is a Franchise?</h3>

A franchise is a legal right to run the operations of a business under the same name, however there are some factors that needs to be maintained these factors are mentioned in the agreement and must be met by the franchisee at all times.

In return for the franchise there is a lump sum payment which entitles the acquirer/ franchisee for the use of legal name of that business, also these rights are for a certain number of years.

For the duration of the franchise agreement the franchise owner is responsible for all the advertisement expenditure.

When starting a new business it is recommended that a franchise is acquired if they have no past experience of the business.

Learn more about Franchise at brainly.com/question/27158354

#SPJ1

5 0

2 years ago