Answer: Minimizing non selling time
Explanation:
In personal selling the sales representative have to visit client to client, door to door and interact with customers with a good sales pitch. This requires a lot of time and resources. If managed effectively the sales rep. can save time and reach maximum number of customers in a short period of time.
Answer:
These stores sell inferior goods and services.
Explanation:
An inferior good or service is a good or service whose demand decreases as the income of their consumers increases, i.e. if the consumers are earning more money, they will consume less of them.
On the other hand, when their consumers' income decreases, their demand increases.
Both McDonald's and Dollar General are business that sell cheap goods and services, so when the financial crisis decrease American households' incomes, they more people purchased their goods and services.
Answer:
option (C) 11.8%
Explanation:
Debts = 30%
Preferred stock = 10%
Common stock = 60%
before-tax cost of debt = 11%
cost of preferred stock = 10.3%
cost of common stock = 14.7%
New common stock sales cost = 16%
The weighted average cost of capital for the company
marginal tax rate = 40%
= Debt × before-tax cost of debt × (1 - tax)) + (Common stock × cost of common stock ) + (Preferred stock × cost of preferred stock )
= 0.30 × 0.11 × (1 - 0.40) + (0.60 × 0.147 ) + ( 0.10 × 0.103 )
= 0.0198 + 0.0882 + 0.0103
= 0.1183
Or
= 0.1183 × 100% = 11.83% ≈ 11.8%
Hence.
The correct answer is option (C) 11.8%
Answer:
a. liable for negligence or mismanagement.
Explanation:
Given that,
The cost of the improper loans = $100,000
Since the director of the Super Service Station Corporation does not attend a board meeting for three years plus the president Twyla had done the improper loans that reflect the mismanagement as without knowing the credit history of the people how it could make the loans.
Moreover, there is no guarantee of returning the money so he is totally liable for his negligence or mismanagement
Answer:
C.− NA −NA + −NA
Explanation:
As we know that
The depreciation expense is a non cash expense which is to be charged every year and shown in the income statement
Plus it also reduced the value of the asset and stockholder equity as a retained earning but at the same time it increases the expenses due to which the net income reduced and it does not have any impact on the cash flow statements
Hence, the appropriate option is c.
