Answer:
130000 shares issued
Explanation:
Shares issued = Total par value / Par value per share
= $650,000 / $5
= 130000 shares issued
Answer:
B. False
Explanation:
This is false, as sales rebate is a different concept. The named contract is a <em>quantity flexibility contract</em>. Rebate is the discount which a buyer receives when buying a larger amount of goods. Rebate is determined by the contribution margin, as it has to be maintained to remain feasible for the seller.
Answer:
Price elasticity of demand is -1
Explanation:
Price elasticity of demand is defined as the degree of responsiveness of quantity demanded to changes in the price of a product. It is calculated by finding ratio of percentage change in demand to percentage change in price.
Percentage change in demand= (80-100)/100= -20/100
Percentage change in demand= -0.2
Percentage change in price= (12-10)/10
Percentage change in price= 2/10= 0.2
Elasticity= Percetage change in quantity demanded/ percentage change in price
Elasticity= -0.2/0.2= -1
Two ways by which Customer Service and Support can affect sales are:
- Distributing marketing information
- Increased sales through responsiveness and personalization
<h3>What is the benefit of customer service and support to sales?</h3>
Customer service and support is very important to businesses because it helps them to deal with their customers which are very important to them making sales and profit. In order words, the work of customer service and support is very important to the profitability of a company.
One way that customer service and support can influence sales is by distributing marketing information. For instance, if a customer has an issue, the customer service rep can refer them to some marketing information. Customer service can also lead to increased sales when they engage in personalization and responsiveness and this makes the customer feel appreciated and thereby likely to patronize a company again.
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The life insurance policy's main beneficiary is Daniel.
Because he will be the first to receive the life insurance coverage. The person who is first in line to receive the death benefit from your life insurance policy is known as a primary beneficiary, and they are often your spouse, children, or other family members.
The principal beneficiary of an IRA may be the spouse, whereas the primary beneficiaries of the same person's will may be the children. The IRA's proceeds will go to the spouse, and the children will get the assets for which they are the will's primary beneficiaries, but not the IRA.
The person or entity with the initial claim to your assets following your passing is known as the primary beneficiary.
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