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Jobisdone [24]
3 years ago
15

When a homeowner visited the home depot to buy what he thought he needed to fix a leaking toilet, he gathered up materials total

ing almost $70. one his way to check out, an employee asked him what was he trying to fix. after some discussion, the employee convinced the homeowner that a $5.99 replacement part would fix the problem better than the materials he thought he needed and with less trouble. this sort of discussion between employees and customers is commonplace at the home depot and indicates the retail store has a(n) _____ orientation. (2pts) sales market product exchange production?
Business
1 answer:
Gemiola [76]3 years ago
6 0
The answer to this question is "Market Orientation" such as when the homeowner <span>visited the home depot to buy what he thought he needed to fix a leaking toilet, he gathered up materials totaling almost $70. When on his way to check out, an employee asked him what was he trying to fix. After some discussion, the employee convinced the homeowner that a $5.99 replacement part would fix the problem better than the materials he thought he needed and with less trouble. This kind of discussion between employees and customers is commonplace at the home depot and indicates the retail store has a MARKET orientation.</span>
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Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and th
KatRina [158]

Answer:

Annual depreciation= $165,000

Explanation:

<u>First, we need to calculate the accumulated depreciation at the end of 2020:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000) / 9

Annual depreciation= $60,000

Three full depreciable years have passed.

Accumulated depreciation= 60,000*3= $180,000

<u>Now, the annual depreciation with the revised information:</u>

Book value= 600,000 - 180,000= $420,000

The useful life remaining is two years.

Annual depreciation= (420,000 - 90,000) / 2

Annual depreciation= $165,000

8 0
3 years ago
Hallowell Inc. has free cash flow of $2.5 million and 1.25 million shares outstanding. If you believe the price to cash flow rat
Vaselesa [24]

The highest price for the stock is  $22.00.

<u>Explanation</u>:

 <u>Given</u>:

  • Hallowell Inc has a free cash flow of $2.5 million and 1.25 million shares.
  • The cash flow ratio for the company is 11.

<u>Solution</u>:

For one stock the cash flow ratio is 11.

Then the highest price we should pay is $22.00.

So we should pay $22.00 for one stock.

Therefore the highest price we should pay for the stock is $22.00          

5 0
3 years ago
Regarding ABC costing systems, which of the following statements is true?ABC systems accumulate overhead costs by departmentsABC
Scrat [10]

Answer: ABC costing systems have separate indirect cost allocation rates for each activity

Explanation: this costing method is based on the costs that each activity consume in a company. It can be used in either manufacturing or services company. The way of distribution the indirect costs is quite accurate.

3 0
3 years ago
ou are the loan department supervisor for the Pacific National Bank. The following installment loan is being paid off early, and
satela [25.4K]

Answer:

$56.74

Explanation:

Base on the scenario been described in the question, we can use the following method to solve the problem

Solution Correct Response Calculate the amount financed, the finance charge, and the monthly payments for the following add-on interest loan. Purchase(Cash) Price Down Payment Amount Financed Add-onInterest Number of Payments Finance Charge $78810% $8%12 $56.74

4 0
4 years ago
When dealing with a prospect who is slow and methodical, the salesperson should?
drek231 [11]

Slow down and adjust your tempo to that of your prospect's. Simplify all the details. This approach is often referred as "Mirroring", which can lead to a sales prospect's positive result comfortably.

7 0
4 years ago
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