I think A. Because I think it is very important to meet new people and getting to know them.
Answer:
the nominal annual interest rate on the payment plan is 15%
Explanation:
According to the question, a one-time payment for the speakers will cost $1,000
An installmental payment will have a $150 down payment and then another $100 fro ten subsequent months.
Calculating the total payment at tthe end of the payment plan will give
$150 + ($100 x 10months)
we have, $150 + $1,000 = $1,150.
This shows that at the end of the payment plan, the set of speakers would have cost $1,150 instead of $1,00 one-time payment.
Step 2:
To calculate the interest rate, we subtract the one-time price from the payment plan price and express it as a percentage of the one time price to get tthe interest rate.
$1,150-$1,000 = $150
then we have,
($150 ÷ $1,000) × 100%
= 0.15 × 100%
- 15%
The nominal annual interest rate is 15%.
Cheers.
Answer:
Ask the potential client to try out the accessories and give the prices.
Explanation:
Having the legs uncrossed and her arms relaxed the client is showing that is comfortable with the situation and open to accept the products offered by Kelly. The best way to proceed would be presenting her prices offer and starting the negotiation, she should pay attention to the client's behavior to know of she is willing to negotiate and acquire the products.
Answer:
Days to collect receivables = 26 days
Explanation:
At the start Accounts Receivable = $10,000
Ending Accounts Receivable = $70,000
Credit Sales = $560,000
Average Accounts Receivable = ($10,000 + $70,000) / 2
Average Accounts Receivable = $40,000
Accounts Receivable Turnover = Credit Sales / Average Accounts Receivable
Accounts Receivable Turnover = $560,000 / $40,000
Accounts Receivable Turnover = 14
Days to collect receivables = 365 / Accounts Receivable Turnover
Days to collect receivables = 365 / 14
Days to collect receivables = 26 days
