Answer:
$25,000
Explanation:
success rate without attending the seminar = 3% x 5 calls per day x 5 days per week x 50 weeks per year x $2,000 sale = $75,000
success rate after attending the seminar = 4% x 5 calls per day x 5 days per week x 50 weeks per year x $2,000 sale = $100,000
the increase in sales dollars due to the increase in productivity (after attending seminar) = $100,000 - $75,000 = $25,000
Hotel management companies came about because b. the Tax Reform Act of 1986 made it more advantageous for hotel owners to hire hotel management companies rather than buy a franchise or run the hotel themselves.
Answer:
Borrowers need capital in order to invest and start businesses. They can be both companies and individuals.
Savers on the other hand have capital and want to grow it so they need to find a way to get it to Borrowers who will then use it to invest.
This is where Financial institutions such as banks and mutual funds come in. They act as intermediaries and collect money from the savers and pool it together so that it becomes a significant amount. Borrowers then go to these institutions and present their plans to justify their need for capital.
If the plans are within an allowable risk threshold, they get the funds and then pay it back with interest as the business progresses thereby making money for both themselves and the savers.
Answer:
The budgeted operating income for 7,200 chairs sold is $13,826.
Explanation:
<u>Wicker Chair Co. budgeted operating income</u>
Sales (7,200 chairs × $52) $374,400
Less Expenses
Variable (7,200 chairs × $39.20) ($282,240)
Fixed ($78,334)
Budgeted Income / (loss) $13,826
Conclusion :
The budgeted operating income for 7,200 chairs sold is $13,826.
Answer:
b. searching the Internet for a deal on a new computer
Explanation:
When one is searching the Internet for a deal on a new computer, one is comparing price on different websites. Price is an example of money being used as a unit of the account as the price of something is indicated by certain units of money.