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aleksklad [387]
3 years ago
7

It is estimated that the average cost of a single field sales call on a business customer is about __________, factoring in sale

speople compensation, benefits, and travel-and-entertainment expenses.
Business
1 answer:
bearhunter [10]3 years ago
3 0
The answer to this question is an amount equal to or more likely "$350.00". Hence when it is estimated that the average cost of single field sales calls on a business or the establishment customer is about an amount of $350.00, factoring in sales the people or worker's compensation, benefits, and the travel-and-entertainment expenses.
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Mint Co.'s cash balance in its balance sheet is $1,300,000, of which $300,000 is identified as a compensating balance. Additiona
Natasha2012 [34]

Answer:

Correct option is B Yes and Yes

Yes - Compensating shall be reported, And Restricted shall also be reported.

Explanation:

Compensating balance is the minimum balance to be maintained in the company's bank account as this is used by bank for offsetting loan, and used by company to set up the loan amount.

Restricted balance is a choice made by the company to not use the funds and use it later for company's growth or future projected, but still since it cannot be used it shall also be reported accordingly.

Therefore the company has the need to report such restricted balance also and compensating balance has to be reported as well.

Therefore correct option is B

Yes - Compensating shall be reported, And Restricted shall also be reported.

7 0
4 years ago
In the idea screening stage, companies assess new offerings by determining _________.
Naddika [18.5K]

Answer:

b. if the product fits with the image and corporate strategy

Explanation:

New companies suffer from flood of ideas that may go into the evolution of a new product for it. How to screen them so that most suitable idea may be evolved is called the idea screening.  This process reduces the no of irrelevant ideas leading to most relevant one so that product most suitable to their corporate strategy can be selected.

8 0
3 years ago
A bond has a par value of $1,000, a current yield of 6.84 percent, and semiannual coupon payments. The bond is quoted at 100.39.
Usimov [2.4K]

Answer: $34.33

Explanation:

From the question, we are informed that bond has a par value of $1,000, a current yield of 6.84 percent, and semiannual coupon payments and that the bond is quoted at 100.39.

Thee amount of each coupon payment goes thus:

We have to calculate the bond price which will be:

= $1000 × 100.39%

= $1000 × 1.39

= $1003.9

It should be noted that the current yield is calculated as the annual coupon amount divided by the bond price. This will be:

6.84% = annual coupon amount ÷ $1003.9

Annual coupon amount = $1003.9 × 6.84%

= $1003.9 × 0.0684

= $68.67

Each coupon amount will now be:

= $68.67/2

= $34.33

6 0
3 years ago
Materials used in product $125,700 Advertising expense $51,700 Depreciation on plant 63,400 Property taxes on plant 23,100 Prope
Elodia [21]

Answer:

cost of goods manufactured= $356,200

Explanation:

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

Overhead:

Depreciation on plant 63,400

Property taxes on plant 23,100

Factory supplies used 31,700

Total overhead= $118,200

cost of goods manufactured= 13,800 + 125,700 + 116,100 + 118,200 - 17,600

cost of goods manufactured= $356,200

4 0
3 years ago
Secondary reserves __________.
iren2701 [21]

Answer:

The correct option is A,can be converted into cash with low transaction costs.

Explanation:

Secondary reserves are the funds invested by bank in short term highly liquid investments,in essence can be converted to cash quickly at very low transaction costs in order to settle unexpected obligations.

Secondary reserves refer to the extra reserves maintained by the banks over and above the minimum regulatory reserve requirement mandated on banks by the Federal Reserve System.The Federal Reserve System as it is popularly known is the central bank in the US.

3 0
3 years ago
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