1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vitek1552 [10]
3 years ago
5

Kristy visited a car showroom as she wanted to buy a new car. While she was looking at a new range of compact luxury sport sedan

s on display, Edward, the salesperson, asked Kristy, "Which one do you like, the red one or the black?" "Black," she replied. "Great, I will write it up!" responded Edward. Kristy was upset as she felt that she was being tricked into making a commitment. Which of the following traditional closing methods was used by Edward in this scenario?
A. The standing-room-only close
B. The benefit-in-reserve close
C. The minor-point close
D. The assumptive close
E. The emotional close
Business
1 answer:
adell [148]3 years ago
3 0

Answer:

Option C.

Explanation:

In terms of making sales, Closing is a term that is used to refer to the moment when a customer decides to make the purchase.

There are numerous closing techniques, and the minor-point close is one of the techniques.

The minor-point close is the technique whereby the salesperson tries to intentionally gain the agreement of the customer or prospect on a minor point, and then uses it to assume that the sale is closed.

This technique is exemplified in the scenario presented above. Edward has concluded that Kristy wants to buy the black car, just because she has agreed that she liked it.

You might be interested in
Rick is considering the following alternatives for investing in D Industries, which is now selling for $44 per share:
Darina [25.2K]

Answer:

Check the explanation

Explanation:

To calculate or compute the annual percentage growth rate over a particular year period, minus the opening value from the ending value, after which you’ll divide by the opening value. Then multiply the result you got by 100 to get your growth rate that is demonstrated as a percentage.

The step by step calculation can be seen below:

a)if reaches 50 then per share gain

=final-initial-call premium

=50-45-3.25=1.75

gain(%)=gaim/initial)*100

=(1.75/45)*100

=3.89%

b)gain=50-44=6

gain(%)=(6/44)*100

=13.654%

5 0
3 years ago
Baker Corp. is required by a debt agreement to maintain a current ratio of at least​ 2.5, and​ Baker's current ratio now is 3. B
Orlov [11]

Answer:

$1.67 Million

Explanation:

Current asset = 15 Million    

Current liabiltiy = 15 Million/3

                          = 5 Million    

Let the inventory X can be purchased with short term debt without violation

per current ratio requirement    

(15 + x)/5+x = 2.5    

       15 + x  = 12.5 + 2.5x    

            2.5 = 1.5x    

               x = $1.67 Million

Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal​ $15 million

7 0
3 years ago
Find the interest for one month on $575 at 3.1% annual interest paid monthly.​
nika2105 [10]

Answer:

$1.5

Explanation:

Interest is compounded monthly.

The applicable formula for amounts after one month is

A = P + (1 + r)^n

P = principal amount $575

r is interest rate 3.1% per year or 3.1/12 per month =0.26% or 0.0026

n= 1 month

A = $575 +( 1+0.0026)^1

A =$575x 1.0026

A= $576.495

A= $576.5

Interest earned in the month

= $576.5 -$575

=$1.5

4 0
3 years ago
Which account will a merchandising business close out at the end of the year?
Paha777 [63]

Answer: B. Sales returns and allowances

Explanation:

Accounts receivable is not closed out because people will still be owning at year end. Prepaid Insurance is an unrecognized payment for an expense in another period so it is not closed out either.

Land is a fixed asset so it is not closed and Accumulated depreciation will be left open to keep depreciating assets.

Only account that will be closed is the Sales returns and Allowances account as these are periodic entries and so should be closed out in the period.

8 0
2 years ago
Scenario 1: Jack and Jill are looking to purchase their first home and we need to discover what their debt-to-income ratios are.
malfutka [58]

Answer:

ty for the points ty forthe points ty f or the points ty fir the points ty for the pojnts ty for the po ik nts ty f or the pojnts i love point tt for points i love pojnts

ا ago

3 0
3 years ago
Read 2 more answers
Other questions:
  • Feldpausch Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Tot
    5·2 answers
  • Each month jessica buys exactly 15 big macs regardless of the price. jessica's price elasticity of demand for big macs is:
    11·2 answers
  • Warephase Corporation has preferred stock outstanding. The stock has a 16% dividend rate. The stockâs market price is $80 per sh
    12·2 answers
  • Both internal and external <br> help in the profitability and growth of an organization.
    5·2 answers
  • The supervisor of an automated teller machine (ATM) facility learns that the machine is not functioning efficiently because it u
    13·1 answer
  • At Creighton Company, the following errors were discovered after the transactions had been journalized and posted.1. A collectio
    7·1 answer
  • A food manufacturer reports the following for two of its divisions for a recent year.
    10·1 answer
  • Jonah and Elias are participants in a research study. One task involves reading an ambiguous story, which participants can inter
    13·1 answer
  • Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 15 percent. You als
    8·1 answer
  • Explain how the amount of a down payment affects your monthly mortgage payments.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!