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3 years ago

What is prospecting?

Business

2 answers:

TEA [102]3 years ago

7 0

B. Searching for potential buyers

IRINA_888 [86]3 years ago

4 0

Answer:

B. Searching for potential buyers

Explanation:

it's the first step in the sales process, which is to identify potential customers (aka prospects) and to develop a database of likely customers and then systematically communicate with them in hopes of converting them to a current customer

You might be interested in

A convention is best described as: a) A large marketplace for trading b) A legislative meeting c) A large meeting dedicated to a

Archy [21]

Answer:

Option C

Explanation:

In the context of a conference, a convention is indeed a assembly of individuals that occur at an agreed location and time either to address or participate in a mutual interest. The most commonly organised conventions are focused on trade, career and fanbase.

Conventions are mostly organised and managed by skilled gathering and conference managers, sometimes by the event organising company's employees or by independent experts, sometimes in exact description. Many big cities should have a conference centre devoted to organising activities like these.

8 0

3 years ago

What key role does compliance play for any industry? Why do you believe is important?

kkurt [141]

Answer:

The logistics system of any company usually has the options of an external offer framework, specifying the use of the service of specification of agents of the environment through alliances and subcontracting, always looking for better levels of specialization that return in the achievement of the cables. In this sense, the logistics system tries to balance a permanent coordination scheme with all operating elements.

For the strategy and operation of logistics, it is necessary to build a strategic plan aligned with the strategic business plan, where it is necessary to detail the mission, vision, strategic objectives and program of actions to guide logistics management at all levels, planning inventories, supply, product receipts, mobility, third-party services, distribution and customer service. Given this, the bias associated with the traditional management of incidents or claims to be part of a proactive approach that plays a key role in improving the competitiveness of the company is avoided.

Explanation:

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4 years ago

Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year end

Margaret [11]

Answer:

$1,257,750

Explanation:

Year ended inventory at price end-of-year prices index

December 31

2016 $650,000 1.00

2017 $1,260,000 1.05

2018 $1,350,250 1.10

2016 $650,000 / 1 = $650,000

2017 $1,260,000 / 1.05 = $1,200,000

$1,200,000 - $650,000 = $550,000 x 1.05 = $577,500

$1,227,500

2018 $1,350,250 / 1.05 = $1,227,500

$1,227,500 - $650,000 - $550,000 = $27,500 x 1.1 = $30,250

$1,257,750

4 0

4 years ago

Black Corporation declared $50,000 cash dividends to shareholders. The coporation has 4,000 shares of $25-par, 5% preferred stoc

Liono4ka [1.6K]

Answer:

$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.

Explanation:

The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.

Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000

Common stock dividend = $50,000 - $5,000 = $45,000

6 0

4 years ago

The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $9,000; Dividends

Molodets [167]

Answer:

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

Dec 31 Dr Income Summary 10,000

Cr Wages Expense 8,400

Cr Rent Expense 1,600

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

Explanation:

Preparation of its December 31 closing entries.

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

(Being to close revenue account)

Dec 31 Dr Income Summary 10,000

(8,400+1,600)

Cr Wages Expense 8,400

Cr Rent Expense 1,600

(Being to close expense account)

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

(Being to close net income/loss)

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

(Being to close dividends)

4 0

3 years ago