"consumers often face a trade-off between ______ and _____

Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $7,500,000, or 10 annual payments of $1,000,000.

Katarina [22]

Answer:

a) 5,6%

b)$16 191 937.48

Explanation:

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7 0

3 years ago

Today, most salespeople are well-educated, well-trained professionals who work to build and maintain long-term customer relation

stepladder [879]

Answer:

b. False

Explanation:

The above is false because sales people are supposed to build and maintain long term relationships with their customers by listening to and assessing their needs and not teaching their customers. Sales people create a concerted effort towards solving those needs experienced by their customers.

A salesperson represent the image of the company he or she is selling for, hence must be professional and well trained because the company gets profit through his interactions with the customers. This means that before the company gets profit, customers must be satisfied because these salespeople act as critical link between the company and its customers.

4 0

3 years ago

Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $46,000 $39,50

Archy [21]

Answer:

Cost of goods manufactured= $228,700

Explanation:

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

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

cost of goods manufactured= 25,500 + (46,000 + 75,500 - 39,500) + 100,500 + (68,500 - 11,800) - 36,000

cost of goods manufactured= $228,700

We deduct the indirect material from overhead because it is already incorporated into direct materials.

6 0

3 years ago

calculate how much credit created by commercial bank when there is a deposit of 80000, reserve requirement is 8% and withdrawl i

Scrat [10]

Answer:

Amount of credit created by commercial bank = 47,840

Explanation:

Given:

Total deposit in bank = 80,000

Reserve requirement = 8%

Withdrawal = 35%

Find:

Amount of credit created by commercial bank

Computation:

Amount available for withdrawal = Total deposit in bank[1 - Reserve requirement]

Amount available for withdrawal = [80,000][1-8%]

Amount available for withdrawal = 73,600

Amount of withdrawal = Amount available for withdrawal[35%]

Amount of withdrawal = 73,600[35%]

Amount of withdrawal = 25,760

Amount of credit created by commercial bank = 73,600 - 25,760

Amount of credit created by commercial bank = 47,840

6 0

3 years ago

The following information was taken from the records of Easter Corporation for the year ended December 31, 2019. Advertising exp

kirza4 [7]

Answer:

$162,520

Explanation:

As per the given question the solution of retained earnings is provided below:-

To reach at retained earning first we need to find out the total expenses and net income which are as follows:-

Total Expenses = Advertising Expense + Income Tax Expense + Rent Expense + Supplies Expense

= $40,000 + $26,000 + $23,400 + $33,800

= $123,200

now,

Net income = Revenue - Expenses

= $200,000 - $123,200

= $76,800

So, the Retained Earnings as of December 31, 2019 = Retained Earnings of January 1, 2019 + Net Income - Dividend

= $115,720 + $76,800 - $30,000

= $192,520 - $30,000

= $162,520

5 0

3 years ago

"consumers often face a trade-off between ______ and ______."

"consumers often face a trade-off between and ."