Answer:
Total assets = $405,000
Total capital = $330,000
Explanation:
Capital = Assets - Liabilities
= $250,000 - 75,000
= $175,000
Therefore, the capital is $175,000
Particulars Assets Liabilities Capital
Building 250,000 75,000 175,000
Cash 100,000 - 100,000
Equipment 55,000 - 55,000
Total 405,000 75,000 330,000
The main reason why firms <em>make changes to a product</em> or adjust prices in a market deemed the bottom of the pyramid is because:
- There is a large, impoverished population that still wants and needs consumer goods but cannot pay the prices that the fewer, wealthier consumers in developed nations can.
<h3>What is Market Price?</h3>
This refers to the current market value of a particular product which can be purchased at a particular time and this can be affected by different factors.
With this in mind, we can see that there are adjustment in prices even in markets in the bottom pyramid mainly because a poorer population needs the product but cannot pay the prices than wealthier nations.
Read more about market price here:
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After a salesperson has been able to anticipate customer doubt about a product and then formulated a response to it, the salesperson is then ready to Answer objections.
<h3 /><h3>When does a salesperson answer objections?</h3>
In order to come up with a proper solution to an objected by a customer, a salesperson needs to be prepared for that objection in the first place.
They therefore need to anticipate the objection and the doubt that the customer has and then they can come up with a solution to the customer's problem.
Once they come up with that solution, they shouldn't keep it to themselves but rather they should then present it to the customer to see if it is satisfactory.
In conclusion, the salesperson should answer objections.
Find out more on salespeople strategies at brainly.com/question/25743891
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Answer: D. Safeguard the resources of the organization.
Explanation:
The functions of internal controls are
- to minimize risks
- to protect assets
- to ensure accuracy of records
- to promote operational efficiency
- to encourage adherence to policies, rules, regulations, and laws.c
The reason to establish internal control is to assist safeguard an organization and its objectives.
Hence, the correct option is D.