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Serggg [28]
3 years ago
15

Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr

on, performing all marketing functions without actually taking title to the goods. Fahad's company is a
A. commission merchant.
B. manufacturers' agent.
C. sales branch.
D. selling agent.
E. full-service wholesaler
Business
1 answer:
Whitepunk [10]3 years ago
5 0

Answer:

D) selling agent.

Explanation:

Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.

There are several types of sales agents and distributors, it all depends on certain details about how they work:

  • a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
  • a sales branch is a company owned by Celextron.
  • a full service wholesaler obtains title of the goods.

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Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 4% of credit sales will
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$3760

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You bought a stock one year ago for $51.41 per share and sold it today for $59.82 per share. It paid a $1.03 per share dividend
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Answer:

Return from dividend yield= 2.0%

Capital gain = 16.4%

Explanation:

The return on a stock is the sum of the capital gains(loss) plus the dividends earned.

<em>Capital gain is the difference between the value of the stocks when sold and the cost of the shares when purchased. </em>

Total shareholders Return =  

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The total return can be broken down into

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