<span>I have a virtual relationship with them.
I am in a virtual peer relationship because we dont communicate and contact ourselves physically. It is sustained via computer or online service, phones and tablets.</span>
The step in which a salesperson meets the customer for the first time is the <u>approach step</u> of the creative selling process.
<h3>Who is a saleperson?</h3>
A salesperson can be defined as the person whose sole reponsibilities is to market and sell a company product to potentials customers or buyers.
When a sales person meet a customer for the first time, the sales person need to first approach the customers before marketing a product to the customer.
Therefore the step in which a salesperson meets the customer for the first time is the <u>approach step.</u>
Learn more about salesperson here:brainly.com/question/25586322
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Answer:
Scenario Description
Sell a tract of land it has held for years Investing
Pay preferred stock dividends Financing
Increase accrued liabilities Investing
Sell some old equipment Operating
Issue shares of common stock Financing
Increase inventory holdings Operating
Buy property for a future factory Investing
Also, Scenarios that are expected to increase a company’ cash-flow are Issue shares of common stock, Increase accrued liabilities and Sell some old equipment.
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Answer:
None of the options are correct as the price today will be $26.786
Explanation:
The price of a stock whose dividends are expected to grow at a constant rate forever can be calculated using the constant growth model of the dividend discount model approach (DDM). The DDM bases the value of a stock on the present value of the future expected dividends from the stock.
The formula for price under constant growth model is,
P0 = D1 / (r - g)
Where,
- D1 is the dividend expected for the next period
- r is the required rate of return or cost of equity
- g is the growth rate in dividends
However, as the constant growth rate in dividends is to be applied from Year 2 onwards, we will use the D2 to calculate the price at Year 1 and we will then discount this further for one year to calculate the price today.
P1 or Year1 price = 2 * (1+0.05) / (0.12 - 0.05)
P1 or Year 1 price = $30
The price of the stock today or P0 will be,
P0 = 30 / (1+0.12)
P0 = $26.786