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3 years ago

Salespeople need to possess effective trust-based sales communications skills so that they:

1 answer:

7 0

Hey there!

For salespeople, its all about relationships and conversations and relationships with people. If you're good friends with someone from your consuming company, you can expect to make good sales as they are acquaintances and would want to buy things from people who they can trust.

Therefore, if you can develop friendships and trust with people from the company who would buy from you, they might just accidentally or purposely let you in on secrets from their company that would maximize sales- and that's always the goal of a salesperson.

Hope this helps!

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If one firm has a higher total debt to total capital ratio than another, we can be certain that the firm with the higher total d

vodomira [7]

Answer:

True

Explanation:

Total debt to total capital ratio, also known as D/C ratio is a ratio that measures a company's capital structure, financial solvency, and degree of leverage, at a particular point in time.

While the Times Interest Earned (TIE) is a ratio which measures the ability of an organization to pay its debt obligations.

So A company with high debt-to-capital ratios, compared to a general or industry average, may show weak financial strength and hence would have a lower ability to pay its debt obligations one which the TIE ratio measures.

8 0

3 years ago

LeGo Financials offer two investment plans. Investment A pays 9 percent interest compounded monthly, whereas Investment B pays 1

12345 [234]

9.38%; 10.25%

Explanation:

The annual rate rate of return is based on the amount of money earned or expended at year-end and is split at the start of the year into an initial investment. The annual returns or cumulative annual rate is also related to as this form.

For example, if you make monthly payments, divide by 12. 2. Multiply by the remaining balance of your mortgage which will be the entire principal for your first deposit. You must incur an excess amount by the amount of the value of your interest rate.

7 0

3 years ago

Axl will be borrowing $300,000 today to buy a house, and he will pay it back with 20 yearly payments starting one year from toda

Natalija [7]

Answer:

$28,317.88.

Explanation:

The annual payment, PMT can be determined using a financial calculator as follows :

PV = $300,000

N = 20

P/YR = 1

R = 7.00 %

FV = $0

PMT = ?

Using a financial calculator, the annual payment, PMT is $28,317.88.

4 0

3 years ago

For each of the items listed below, indicate whether the item would be reported in the

tresset_1 [31]

Answer:

Note: The complete question is attached below as picture

Indication of how they should be reported are as follow:

1) Budgetary Schedules : FINANCIAL SECTION AS RSI (RSI)

2) Letter of Transmittal : INTRODUCTORY SECTION (I)

3) Legal debt limitations and debt margin : STATISTICAL SECTION (S)

4) A description of government's financial conditions : FINANCIAL SECTION AS MD&A (MDA)

5) Property tax collection and levy information : STATISTICAL SECTION (S)

6) Defined benefit pension plan schedules : FINANCIAL SECTION AS RSI (RSI)

7) Financial highlights of the fiscal year : FINANCIAL SECTION AS MD&A (MDA)

8) Auditors report : FINANCIAL SECTION (F)

9) 10-year data trend : STATISTICAL SECTION (S)

10) Notes to the financial report : FINANCIAL SECTION (F)

4 0

3 years ago

Aria Acoustics, Inc. (AAI), projects unit sales for a new seven-octave voice emulation implant as follows:

jeka94

Solution:

NPV is calculated as:

NPV = $\frac{C1}{1+r} +\frac{C1}{(1+r)^{2} } +\frac{C1}{(1+r)^{3} } + ....... + \frac{C1}{(1+r)^{n} } - A$

Initial investment = $16,500,000

Depreciation table:

Recovery Year 7-Year % Depreciation Booked Asset Book

Value at the end of Year

1 14.29 $ 3,029,480 $ 18,170,520

2 24.49 $ 5,191,880 $ 12,978,640

3 17.49 $ 3,707,880 $ 9,270,760

4 12.49 $ 2,647,880 $ 6,622,880

5 8.93 $ 1,893,160 $ 4,729,720

6 8.92 $ 1,891,040 $ 2,838,680

7 8.93 $ 1,893,160 $ 945,520

8 4.46 $ 945,520 $ 0

Book value at the end of 5 years = $ 4 , 729 , 720

After tax salvage value = 25 % ∗ $ 21 , 200 , 000 − ( 25 % ∗ $ 21,200,000) - $4,729,720 ) * 30%

= $ 5, 128 ,916

Sales table:

Year Unit Sales

1 83,000

2 96,000

3 1,10,000

4 1,05,000

5 86,000

We calculate the free cash flow of the project : ( Check the attachment )

Using NPV formula

NPV = − $ 7 , 328 , 810.58

IRR is the discount rate (R) when the NPV of the project will be equal to zero.

Solving the equation (1) for R we get:

R = 3.93%

So IRR of the project = 3.93%

4 0

3 years ago