Answer:
$7.96
Explanation:
the first month's principal balance = $400 (initial purchase) - $20 (first payment) = $380
the second month's principal balance = $380 (carried over) + $18 (second purchase) = $398
the interest charged on the second month's principal = $398 x 2% = $7.96
Answer:
The correct answer is 45%.
Explanation:
According to the scenario, the given data are as follows:
Selling price = $640
Variable cost = $352
Annual fixed cost = $985,500
Current sales volume = $4,390,000
So, we can calculate the contribution margin ratio by using following formula:
Contribution margin ratio = (Contribution margin per unit ÷ selling price per unit ) × 100
Where, Contribution Margin = Selling price - Variable cost
= $640 - $352 = $288
So, by putting the value in the formula, we get
Contribution margin ratio = ( $288 ÷ $640 ) × 100
= 0.45 × 100
= 45%
Answer:
(I)
b. Use the reasons-before-refusal plan.
(II)
a. Keep the refusal respectful, sensitive, and upbeat.
b. Disclose all reasons for the refusal.
d. Provide alternatives that encourage the customer to continue business with you.
Explanation:
- In the first case, the best strategy to adopt is that of presenting the "reasons-before-refusal" plan. This means that before conveying a negative message to the client, you explain the reasons of why this message necessarily has to be like that. By reading the reasons first, the customer will be more likely to agree with your assessment of the situation.
- In the second example, these are all strategies that you can use to ensure that the letter you are writing is kind and appropriate. In this letter, it is important to be respectful, sensitive and upbeat in order for the customer to know that you are taking his claim seriously. Moreover, you should be able to disclose all the reasons for the refusal so that the person is well-informed of the situation. Finally, you should be able to provide alternatives to the customer, as this might allow him to continue having business with you.
Answer: The answer is True.
Explanation: Action learning uses challenging, structured outdoor activities, which may include difficult sports such as dog-sledding or mountain climbing. ... Employees are most likely to learn when the training is linked to their current job experiences and tasks.
