Answer:
d. junior sales reps
Explanation:
Having developed the majority of the accounts and experiencing vast growth at the moment, Dave's firm has gone through the hard moments of building up an account base.
Significantly simpler task (but not negligible) is the task regarding the maintenance and customer care of established accounts (order getting, order taking, or sales support). Having that in mind, it is evident that those duties can be taken care of by junior sales representatives.
These representatives are innovative and responsible when it comes to maintaining existing accounts. They know how to perform proper analyses that would help them establish a strong sales connection with a particular account. Also, they can handle diverse account groups, while it is better to keep the customer acquisition process for senior sales reps.
Answer:
$7,247.05
Explanation:
The computation of the inventory level is shown below:
But before that first we have to find out the fixed cost per unit which is
= Total fixed manufacturing overhead ÷ production units
= $59,160 ÷ 11,600 units
= $5.1 per unit
Now the inventory level is by taking the difference of net operating income between two methods
= ($127,960 - $91,000) ÷ ($5.1 per unit)
= $7,247.05
Therefore, the inventory is increased by $7,247.05
Answer:
The correct answer to the following question is A holder in due course.
Explanation:
A holder in due course is said to be a legal term , which describes about the person who has in good faith obtained a negotiable instrument and he or she has exchanged something valuable for that instrument, but the person is unaware of the fact that there might be some defect in the instrument like in title of person who is negotiating that contract.
Answer:
The present value of the lease is $50,626
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.
In this question the lease payment of $8,000 per year for ten years paid immediately at a rate of 12% is an advance annuity.
Formula for Present value of advance annuity is as follow
PV of annuity = P +P x [ ( 1- ( 1+ r )^-(n-1) ) / r ]
Where
P = Annual payment = $8,000
r = rate of return = 12%
n = number of years = 10 years
Placing values in the formula
PV of annuity = $8,000 + $8,000 x [ ( 1- ( 1+ 0.12 )^-(10-1) ) / 0.12 ]
PV of Annuity = $50,626
