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tatuchka [14]
3 years ago
6

When Ryan joined a technology firm, he made a good impression quickly by beating his sales goals repeatedly. His success allowed

him to move up in the company quickly. After moving several times to start his own sales teams within the firm, Ryan took on the coveted role of enterprise account representative four years after graduating from college. Which benefit of sales experience and understanding the sales process does this example best represent
Business
1 answer:
Amiraneli [1.4K]3 years ago
5 0

Answer:

Make a meaningful contribution quickly.

Explanation:

Sales process refers to the template followed by marketers which originates from finding prospects to the last stage where the customers purchase a product. It is very important that marketers have a proper understanding of the sales process and good experience in sales as it would help them to make meaningful contributions to the organization they serve.

When they join an organization armed with these helpful skills, they would not struggle to make sales. This would help them rise quickly in the firm and exceed their goals. Ryan had a proper understanding of the sales process and this helped him to succeed in the technology firm.

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The government passes a new investment tax credit initiative. Which input in the production function changes, and what is the ef
babymother [125]

Answer: The capital stock increases, and economic growth is positively affected.

Explanation:

If the government offers an investment tax credit, a situation will arise where entities will invest more knowing that they do not have to pay as much in taxes.

This investment will lead to an increase in capital stock as this is what investment purchases to enable production. With more capital stock, production levels will rise and the economy will grow.

5 0
3 years ago
Warbler Gift's reported the following information for the sales of their single product: Total Per Unit Sales $ 300,000 $ 10 Var
Marysya12 [62]

Answer: Requitred units =34,285.7 units

Explanation:

GIVEN

                                     Total          Per Unit Sales

                                   $ 300,000   $ 10

Variable expenses   180,000     <u>   $6 </u>

Contribution margin 120,000       $ 4

Fixed expenses        100,000

Net operating income $ 20,000

New selling price=Old price - prosed price

=$10-$0.5  =  $9.5

Revised contribution margin=  Selling price-Variable costs

= $9.5-$6=$3.5

Proposed Contribution margin=Net operating income + Fixed expenses.

=(100,000 +20,000)= $120,000

Required units to be sold=Proposed Contribution margin/Contribution margin per unit

= $120,000/$3.5

=34,285.7 units

5 0
3 years ago
Crane Company has these comparative balance sheet data:
algol13

Answer and Explanation:

A. Current ratio= current assets/current liabilities

= 33900+158200+135600/113000 = 2.9

B. Account Receivable Turnover = Sales/ Average account receivables

= 379100 -28000/158200+135600/2) = 2.39

c) Average collection period =

365/ account receivable turnover

= 365/2.39 =

152.72 days

D. inventory turnover = cost of goods sold / average inventory

= 203800/135600+113000/2 = 1.64

E. Days in inventory = 365/inventory turnover=

365/1.64 = 222.561 Days

F. Cash debt coverage

= cash from operating activities - dividend / total debt

= (58000 - 19600 )/(226000) = 0.17

G. Current cash debt coverage = net cash provided by the operating activities / average current liabilities

=58000 /113000 + 135600/2) = 0.467

H. Cash flow available = cash flow from operating activities - Capital Expenditure- Cash Dividend

$(58000-27500-19600)

= $10900

4 0
3 years ago
The Harris Company purchased equipment for $15,000 on December 1. It is estimated that annual depreciation on the computer will
kvv77 [185]

The entry will include Depreciation Expenses for $1,750 and Accumulated Depreciation for $1,750

Here, we are to first calculate the Depreciation expenses while observing that the date runs for 1 month (From December 2 - December 31).

The depreciation expense will equals Annual depreciation of computer * 1/12

Depreciation expense = $3,000 * 1/12

Depreciation expense = $250

The adjusting entry will entails:

Date     Account titles and explanation            Debit     Credit

31 Dec   Depreciation expenses                         $250

                    Accumulated depreciation                            $250

            (Entry to record depreciation expenses)

Learn more about from related question here

<em>brainly.com/question/5185201</em>

7 0
3 years ago
yrell Co. entered into the following transactions involving short-term liabilities. Year 1 Apr. 20 Purchased $40,250 of merchand
o-na [289]

Answer:

the requirements are missing, so I looked for similar questions:

1) determine the maturity date of these transactions

2) determine the interest due at maturity

1) maturity dates of the notes:

note                                  Locust                 NBR bank

note issued on                May 19                  July 8

term of note                    90 days                120 days

maturity date                  August 17              Nov. 5

2) interest due at maturity

Locust note = $35,000 x 10% x 90/360 = $875

NBR bank note = $80,000 x 9% x 120/360 = $2,400

the journal entries should be:

August 17, 202x, note paid to Locust

Dr Notes payable 35,000

Dr Interest expense 875

    Cr Cash 35,875

November 5, 202x, note paid to NBR Bank

Dr Notes payable 80,000

Dr Interest expense 2,400

    Cr Cash 82,400

5 0
3 years ago
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