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vitfil [10]
3 years ago
8

Ron is a sales representative for Staples. He works in a business-to-business environment trying to sell office supply products

to offices. He works to build long-term associations with his customers by regularly communicating with them. He spends a long time listening to their needs and provides support after the sale. Which type of selling is Ron engaged in?
A) ​Order takingB) ​Team sellingC) ​Technical sellingD) ​Missionary sellingE) Trade selling
Business
1 answer:
grin007 [14]3 years ago
6 0

Answer: C) ​Technical selling

Explanation:

Technical selling or technical sales is an act in which a sales person helps to address customer's needs by understanding what they needs which is a determinant of what product to buy.

Technical selling involves the sales personnel addressing the need of customers, explaining the type and features of the product they needs, network with them and make sure they are satisfied.

A technical sales person must have the ability for effective communication and have good interpersonal skills so as to maintain a good relationship with customers.

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Marshall has received an inheritance and wants to invest a sum of money today that will yield $5,400 at the end of each of the n
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Answer:

<u>Elimination Journal.</u>

Retained  Earnings $210,000 (debit)

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Non-Controlling Interest  $90,000 (credit)

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When dealing with consolidation of Financial Statements, the Equity and Retained Earning in the Subsidiary has to be eliminated from the records whilst the Investment in Subsidiary and the Non-Controlling Interest in Subsidiary are recognized.

Elimination of the common items in consolidation is done by the use of Pro-forma Journals.

<em>Goodwill</em> or <em>Gain on Bargain Purchase</em> are also recognized on the date of acquisition of subsidiary.

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Retained  Earnings $210,000 (debit)

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Investment in Sandbox Corporation $270,000 (credit)

Non-Controlling Interest  $90,000 (credit)

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