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morpeh [17]
3 years ago
11

Once an initial sale has been made by an outside​ salesperson, inside salespeople are often asked to​ ________.

Business
1 answer:
Lapatulllka [165]3 years ago
8 0

Answer:

provide ongoing customer​ support, service, and be alert for new sales opportunities

Explanation:

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Steve's Outdoor Company purchased a new delivery van on January 1 for $45,000 plus $3,800 in sales tax. The company paid $12,800
gizmo_the_mogwai [7]

Answer:

a. Compute the acquisition cost of the van.

van's basis = $45,000 (the van) + $3,800 (sales tax) + $700 (logo) = $49,500

When you purchase an asset, its basis must include the cost of the asset, any freight costs, taxes associated with the sale, any applicable insurance expense, installation costs and or any modifications necessary.

b. Compute the depreciation expense to be reported for Year 1.

depreciable value = $49,500 - $4,500 = $45,000

depreciation expense per year = $45,000 / 5 = $9,000

December 31, 202x, depreciation expense

Dr Deprecation expense 9,000

    Cr Accumulated depreciation: van 9,000

3 0
3 years ago
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
Y_Kistochka [10]

Answer:

The price of the stock today is $13.58

Explanation:

Using the dividend discount model approach, we can calculate the price of the stock today. DDM bases the price of a stock on the present value of the expected future dividends from the stock. The dividends and the terminal value are discounted back to the present value using the required rate of return on the stock. The price per share today for this stock will be,

P0 = 0.75 / (1+0.17)^3  +  0.75 * (1+0.48)  /  (1+0.17)^4  +  

0.75 * (1+0.48)^2  /  (1+0.17)^5  +  

[(0.75 * (1+0.48)^2 *(1+0.1) / (0.17 - 0.1)) / (1+0.17)^5 ]

P0 = $13.584 rounded off to $13.58

8 0
3 years ago
TryFit Co. uses process costing to account for the production of energy food bars. Direct materials are added at the beginning o
lubasha [3.4K]

Answer:

$37,654.00

Explanation:

beginning WIP = $13,000 + $10,000 = $23,000

costs added during the month = $42,000 + $46,000 = $88,000

total materials costs = $55,000

materials cost per EUP = $55,000 / 24,000 units = $2.29

total conversion costs = $56,000

conversion cost per EUP = $56,000 / 19,000 = $2.95

ending inventory = (10,000 x $2.29) + (10,000 x $2.95 x 50%) = $37,650

8 0
3 years ago
Jack Taylor started Enterprise Leasing on the premise that if he treated his customers and employees well, profits would follow.
k0ka [10]

Answer:

The correct answer is C) Extrinsic reward

Explanation:

Extrinsic reward is reward that an employer gives to an employee in compensation for the achievement of something. In this case, what is achieved is very vague ("good work") but in a real firm, it could be something more specific. For example, a sales manager could reward his top selling employees with a monthly salary bonus.

6 0
3 years ago
An economist studying the market for wild Alaskan salmon determines the price elasticity of supply to be 0.43. a. In this case,
Marina86 [1]

Answer:

A. Inelastic

B. a less than 10% increase in quantity supplied

Explanation:

A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.

A supply is inelastic if the price elascitiy is less than 1.

4 0
3 years ago
Read 2 more answers
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