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Serhud [2]
2 years ago
10

What is the first thing you should do when a customer requests a sale item once you’ve determined that item is out of stock? Tel

l the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock Refer the customer to a competitor who has the item in stock Offer the customer a substitute item
Business
1 answer:
ipn [44]2 years ago
7 0

Answer:

Tell the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock

Explanation:

Customer<em> retention</em> is important as well as <em>meeting their specific needs</em>. It is unwise to turn back a customer and refer them to a competitor, this may mean loss of business (currently and in the future). Also it is unwise to offer a substitute item as this will not meet their needs (though you may want to inform them of the substitute item if they are interested).  Issue the customer a raincheck for the item that is out of stock is the best way to go and keep the business.

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Cost of Debt. Micro Spinoffs Inc. issued 20-year debt a year ago at par value with a coupon rate of 8%, paid annually. Today, th
stealth61 [152]

Answer:

5.925%

Explanation:

For computing the cost of debt, first we have to determine the YTM by using the Rate formula that is shown in the attachment

Given that,  

Present value = $1,050

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 8%  = $80

NPER = 20 year - 1 year = 19 year

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 7.50%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 7.50% × ( 1 - 0.21)

= 5.925%

8 0
2 years ago
What is the first step in applying for financial aid?
mamaluj [8]
Fill out the FAFSA. You must complete the FAFSA (Free Application for Federal Student Aid) to qualify for: Federal and most state grants, scholarships, low-cost student loans, and work-study programs<span>. The Pennsylvania State Grant Program and other state programs.

please mark me brainliest</span>
3 0
2 years ago
Philippe Organic Farms has total assets of $689,400, long-term debt of $198,375, total equity of $364.182, net fixed assets of $
solniwko [45]

Answer:

Current ratio= 1.3977

Explanation:

Current Ratio:

It is the measure of company ability to pay short term debits of one year. It also tells how company can increase its current assets.

Given:

Total assets=$689,400

Long-term debt=$198,375

Total equity= $364,182

Net fixed assets =$512,100

Sales = $1,021,500

Formula For current Ratio:

Current Ratio=\frac{Total\ Assets-Net\ Fixed\ Assets}{Total\ Assets-  long_term\ debt-total\ equity}

Current\ Ratio=\frac{\$689,400-\$512,000}{\$689,400-\$364,182-\$198,375}\\ Current\ Ratio=1.3977

4 0
3 years ago
In a multinational corporation (MNC) where the locus of decision making is decentralized, decisions are:
Gre4nikov [31]

In a multinational corporation (MNC) where the locus of decision making is decentralized, decisions are made at the top management level.

<h3>What is multinational corporation?</h3>

multinational corporation serves as one that has different level of management.

Multinational companies are usually involvea in international trade taking into consideration the

political as well as cultural differences into account.

Examples of these corporation are:

  • Coca-Cola
  • Philip Morris's Marlboro brand
  • Pepsi

In this case,  decisions are made at the top management level in other to achieve the goals of the organization because they do operate outside their country.

Learn more on multinational corporation at: brainly.com/question/494475

#SPJ1

6 0
1 year ago
On October 1, 2018, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wit
shusha [124]

Answer:

$1,200

Explanation:

Calculation to determine what Taylor should recognize as revenue in 2018

Recognized Revenue =($4,800 × 3/12 of the contract duration)

Recognized Revenue =$1,200

Therefore Taylor should recognize revenue in 2018 in the amount of $1,200

6 0
3 years ago
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