Answer:
a. No impairment should be reported
Explanation:
In the given situation, we compare the expected future net cash flows and the higher value of book value and fair value.
The comparison is shown below
Since the expected future net cash flows from the equipment i.e $1,630,000 is more than the book value of equipment $1,600,000. The value comes in negative
So, no impairment loss would be recognized
Answer:
To invest all profits back into the business
<span>$65,000. A city water water-waste department has a four-year-old sludge pump that was initially purchased for $65,000. This pump can be kept in service for an additional four years, or it can be sold for $35,000 and replaced with a new pump. The price of the replacement pump is $50,000.</span>
Answer:
The correct answer is B. being stubborn.
Explanation:
The personal characteristics of the seller. And among these, the most important are those detailed below:
- Optimism: The good seller must see things in a positive way, in order to transmit that attitude to the potential buyer.
- Perseverance: Prospecting, presentation and closing of the sale are usually a process that requires perseverance in many cases. A good seller should not give up easily.
- Empathy: One of the characteristics that most attracts customers is knowing that whoever is "selling" them can put themselves in their place and understand their needs.
- Determination: When a seller intends to do something, he pursues it until he achieves it. It's not about jumping without having a safety net. The determination does not imply taking unnecessary risks, you must be cautious.
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Honesty: Many people consider sellers to be liars by nature. A liar seller may have more success in a first sale, but the lie does not lead to a long-term relationship with the customer. If a customer perceives honesty in a seller, they will understand that the company is too.
- Puntuality: Customers 'time is as valuable as sellers' time. A seller that is not punctual is unprofessional, and you will surely not want your company to be classified as unprofessional.
- Listening ability: The customer likes to be heard, and for a salesperson, knowing how to listen is a powerful weapon. Through what the client tells you, you can know their needs and expectations.
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Assertiveness: An assertive person communicates his ideas well, knows how to make decisions and interact with other people. This has a lot to do with the self-confidence that the ideal seller should project
- Self-discipline: vital value for a seller to succeed because it is a job that needs to be organized, timely, persevering and very goal oriented.
