Answer:
Feature-benefit selling is the process of connecting your the things your product helps your customer do (features) to the goals it will help them achieve and the pain points it will help them eliminate.
Explanation:
The ability to meet short-term obligations and efficiently generate revenues is called Liquidity.
Liquidity is the ease or speed with which money can be raised to meet short-term financial responsibilities such as paying bills. Stocks and bonds, as well as other easily tradable assets, are regarded as liquid assets.
A company's liquidity can be determined by how well it can meet its short-term obligations, particularly those that are due in less than a year. What the business owes in comparison to what it owns is typically represented as a ratio or percentage. You can gain insight into the company's financial situation by using these metrics.
The liquidity status of a business is primarily affected by two factors. The first factor is its capacity to transform assets into cash to cover its present liabilities (short-term liquidity). Its debt-carrying capability is the second.
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What kind of business organization will best serve his or her interests.
All of the other decisions are very important, but unless you know what type of organization you want it will be hard to make other more important decisions about the business.
Answer: $0.29 per mile
Explanation:
Truck is to be driven for 100,000 miles.
It has a cost of $34,000 and a salvage value of $5,000.
Useful life is 8 years.
Depreciable cost per mile under units-of-activity method = (Cost price - Salvage value) / Miles to be driven
= (34,000 - 5,000) / 100,000
= $0.29 per mile
Answer:
$105,075
Explanation:
The computation of the operating income is shown below:
Sales (4 × 69,500) $278,000
Less:Variable costs (0.95 × 69,500 + 5% × 278,000) $79,925
Contribution margin $198,075
Less: fixed cost (13,000 + 80,000) $93,000
Net operating income $105,075
We simply deduct the variable cost and the fixed cost from the sales to arrive at the net operating income