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AnnZ [28]
3 years ago
11

You are selling a product on commission, at the rate of $1,000 per sale. To date, you have spent $800 promoting a particular pro

spective sale. You are confident you can complete this sale with an added expenditure of some undetermined amount. What is the maximum amount, over and above what you have already spent, that you should be willing to spend to assure the sale
Business
1 answer:
Vesnalui [34]3 years ago
4 0

Answer:

Either you quit trying and lose $800 sunk, or you spend $800 for $1,600 total in which the Net from the sale of $1,000 would results in a loss of $600. That means it will be of good to lose $600 than $800.

Explanation:

Since $800 has been spent which means Spending up to an additional $1,000 is still reasonable, but a condition in which you know that the deal will definitely go through.

Secondly since you have already sunk $800, and you know that spending an additional $800 would guarantee it, you can do one among this two options which are either you stop trying and lose the $800 sunk, or you the spend $800 for $1,600($1,000+$600) total in which the Net from the sale of $1,000 would results in a loss of $600($1,000-$800=200,$800-$200=$600). That means it will be of good to lose $600 than $800.

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Answer:

All answers which are asked related to Amazon's strategies and its customer responsiveness are answered below in details.

Explanation:

  • Amazon has executed several approaches to improve its performance. These approaches include optimizing their picking and packing methods by using robots to decrease the expenses that the customer spends.
  • Amazon has achieved new technology to improve performance, and customer responsiveness to increase product quality by spending in Kiva.
  • Quality for Amazon implies increasing quality as perfection; rendering products, by third party retailers, that are not affected, not lapsed or broken.
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It has a sustainable competing advantage

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A store asked 250 of its customers how much they spend on groceries each week. the responses were also classified according to t
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Yes, I think there is a relationship between amount spent on groceries and gender because boys tend to eat more than the girls.
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​what is the average inventory of a business that turns over inventory 10.0 times a year and has a cost of goods sold of $300,00
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Devon would like to invest in bonds but he is only familiar with investing in stocks. What is the biggest difference between the
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On January 1, 2020, the Oriole Company had $2,990,000 of $10 par value common stock outstanding that was issued at par and Retai
amm1812

Answer:

Oriole Company

Journal Entries:

July 1:

Debit Cash Account $2,336,000

Credit Common Stock $1,460,000

Credit Paid-in In Excess of Common Stock $876,000

To record the issuance of 146,000 shares of common stock, par $10 at $16 per share.

December 15:

Debit Retained Earnings $445,000

Stock Dividends Payable $445,000

To record the declaration of a 10% stock dividend.

Explanation:

a) Stockholders of record on December 31, 2020:

Number of shares in issue at beginning 299,000

Number of shares issued on July 1          146,000

Total                                                          445,000

10% of 445,000 = 44,500 shares

b) Stock Dividends declared on December 15 will result to the issuance of 44,500 shares to stockholders.  To finance this stock dividend, the Retained Earnings account is debited while the Stock Dividends Payable is credited.  When the shares are issued on January 15, the Stock Dividends Payable (Distributable) will be debited and the Common Stock credited with the par value.  The market price of $17 does not affect the company's records.

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