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KiRa [710]
3 years ago
11

In early November, department stores like Robinsons-May begin to prepare for upcoming holiday sales. Retail stores often make 25

% or more of their yearly revenue during November and December. Sales associates at Robinsons-May are hired for their energy and enthusiasm, but after the long summer months, many are unprepared for the intense workload of the holiday sales season. Nancy Cardigan, general manager of store #415, knows she needs to get her staff excited about their jobs, their stock, and their customers before the doors open on their first sales event in late November. What purpose will this meeting serve? Problem identification Intensive problem solving Motivation Information review and presentation
Business
1 answer:
Burka [1]3 years ago
5 0

Answer:

Motivation

Explanation:

Motivation in an organization is a process of e<u>ncouraging employees to perform at higher levels and thereby increase productivity, to increase the chances of the organization achieving its goals and making more profit</u>.

Nancy Cardigan, the General Manager of Robinsons-May, intends to incite her sales associates and get them excited about the upcoming holiday season that comes with an opportunity for increased sales. Therefore she calls a meeting with a purpose of motivating them.

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Reg has just purchased a new car. The car had a list price of $22,499, and he was responsible for 7. 96% sales tax, a $2,138 veh
charle [14.2K]

The down payment that would be paid by reg is $2,800.

<h3 /><h3>What is a down payment?</h3>

A down payment is the first partial payment for the purchase of price expensive items or services, such as a car or a house. It is usually paid off in cash or equal at the time of finalizing the transaction. A loan of some kind is then asked to finance the remainder of the payment.

<u>Computation </u><u>of a down Payment:</u>

<u />

According to the question,

The total amount of car would be:

\text{List Price + Sales Tax + Registration Fee + Documentation Fee}\\\\\$22,499+\$1,791+\$2,138+\$262 = \$26,690.

r= 10.27%,

r=\dfrac{10.27}{12\times100}\\\\\\r= 0.00855833 ,

t= 12\times3\text{Years}=36 \text{Months}.

Monthly Payment = $773.89.

Let X be the amount of payment that is given in the starting.

\text{Monthly Payment} = \dfrac{\text{(List Price - x) r }}{1-(1+r)}}\\\\\\\$773.89 = \dfrac{(22,49-\text{x )0.0085533}}{1-(1+0.0085533)}\\\\\text{x}=$23889.84

The amount of down payment would be:

\text{Down Payment}=\text{Total Amount - Down Payment}\\\\\\\text{Down Payment}=\$26,690-\$23889.84\\\\\text{Down Payment}=\$2,801 \text{App.}

Hence, Option D is correct.

Learn more about the down payment, refer:

brainly.com/question/1114543

<u />

5 0
3 years ago
Công ty ABC với ngành nghề hoạt động sản xuất, kinh doanh sữa và các sản phẩm từ sữa cũng như thiết bị máy móc liên quan tại Việ
Igoryamba

Answer:

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Explanation:

8 0
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Stock prices tend to ignore unexpected changes in dividend payments. Companies prefer to cut dividend payments rather than borro
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Explanation:

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Companies do not prefer to cut dividends so as not to send the wrong message so A is wrong. Share repurchases reduces agency costs so C is wrong. Short term fluctuations in cash flow are not the key favor in determining dividend policy as the company might still pay out the same regardless so this is wrong as well. Option B is the best answer.

7 0
3 years ago
Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
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Answer:

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Probably the most important part of a contract is the existence of an offer and acceptance. Once a valid offer is accepted, it binds the parties into a valid contract.

In this case, Rachel accepted Julius´s offer to buy her boat, so an offer and acceptance exists.

6 0
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3 0
3 years ago
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