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3 years ago

The overall cycle time in the buying process has been reduced due to:

2 answers:

meriva3 years ago

7 0

The overall cycle time in the buying process has reduced due to the fact that in today's world, products and services are within the close reach of every person. Due to the businesses conducted over the internet, the sales process has become very fast. People who once had to go out of the house to purchase small things, now don't need to go for the grocery even. Almost everything is selling on the internet. E commerce has made the sales process shorter and in the reach of everyone who has access to internet.

sergij07 [2.7K]3 years ago

4 0

<span><span> The buying process which is also called sales process is the process consumers and business buyers go through when contemplating a purchase. </span>The overall cycle time in the buying process has been reduced due to </span>increased usage of information technology.
Because of the information technology, social media, social marketing, online shopping consumers and business have better position in the overall sales process.

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If a life insurance company sells a $240,000 life insurance policy with a one year term to a 25-year old lady for $210, the prob

MrMuchimi

Answer: $112.08

Explanation:

Given that,

Life insurance policy = $240,000

Cost = $210

Amount to be paid by company to old lady if she survives (A):

= $240,000 - $210

= $239,790

Probability that she survives (P1) = 0.999592

Probability that she doesn't survives (P2) = 1 - 0.999592

= 0.000408

Expected value of this policy for the insurance company:

= (P1 × cost of policy) - (P2 × A)

= 0.999592 × $210 - 0.000408 × $239,790

= $209.91432 - $97.83432

= $112.08

7 0

3 years ago

Sheffield Corporation incurred the following costs in 2020. Cost of laboratory research aimed at discovery of new knowledge $145

Stells [14]

Answer: Debit Research and Development expense $477,000

Credit Cash $477,000

Explanation:

The journal entry simply refers to the recording of transactions that a company makes and it should be noted that the total amount that's gotten in the debit column must be equal to the total amount that us gotten in the credit column.

Based on the information given in the question, the journal entry for Sheffield Corporation will be:

Debit Research and Development expense $477,000

Credit Cash $477,000

8 0

3 years ago

Nico bought 500 shares of a stock for $24.00 per share on January 1, 2013. He received a dividend of $2.50 per share at the end

klemol [59]

Answer:

22.92%

Explanation:

For computing the realized total rate of return, first we have to determine the total share price which is shown below:

Total share price = Sale price of share + dividend end of 2013 + dividend end of 2014 + dividend end of 2015

= $20 + $2.5 + $4 + $3

= $29.50

And, the purchase price is $24

So, the return would be

= Total share price - purchase price

= $29.50 - $24

= $5.50

Now the realized total rate of return would be

= Return ÷ Purchase price

= $5.50 ÷ $24

= 22.92%

This is the answer but the same is not provided in the given options

6 0

3 years ago

The Canadian government decided to issue a consol (a bond with a never-ending interest payment and no maturity date). The bond w

zhenek [66]

Answer:

present value of perpetuity = $1111.11

present value of perpetuity = $588.23

if interest rate fall price go up and interest rate rise price go down

Explanation:

given data

bond pay = $50

solution

first we find present value of perpetuity for 6.5 % that is

present value of perpetuity = $\frac{cash flow}{discount}$ ..............1

present value of perpetuity = $\frac{50}{0.065}$

present value of perpetuity = $769.23

now present value of perpetuity for 4.5%

so from equation 1 we get

present value of perpetuity = $\frac{50}{0.045}$

present value of perpetuity = $1111.11

and

now present value of perpetuity for 8.5%

so from equation 1 we get

present value of perpetuity = $\frac{50}{0.085}$

present value of perpetuity = $588.23

here we know that current price of perpetuity & discount rate is inversely proportional

so current present value is find by divide cash flow by discount rate

here discount rate higher value of perpetuity

so if interest rate fall price go up and interest rate rise price go down

4 0

3 years ago

Which of the following stocks has the highest risk? A. stock a with a beta equal to 0.0 B. stock b with a beta equal to 0.5 C. s

Dvinal [7]

Answer:

Option D, stock d with a beta equal to 2.0, is the right answer.

Explanation:

Option D has the highest risk because the magnitude of beta represents the risk involved or associated with the stock. So, higher the beta magnitude, higher is the risk associated with stock and higher is the return. While lower value shows the lower risk and lower return on the stock. Therefore, option D has the highest magnitude so this stock has the highest risk.

6 0

3 years ago