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3 years ago

Which of the following is the least effective way to reach a potential sales prospect?

Business

2 answers:

Vilka [71]3 years ago

4 0

Answer: Direct mail

Explanation:

What’s the best way to reach a prospect? Send a letter and follow it up with a phone call. Next best is a referral. Then comes a cold call, then a personal visit. Least effective is a direct-mail piece.

EastWind [94]3 years ago

3 0

Answer:

Direct mail

Explanation:

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According to the public choice modelLOADING..., how do policymakers arrive at their decisions? The public choice model suggest

8090 [49]

Answer: The correct answer is "E. policymakers will pursue their own self minus interest.".

Explanation: According to the model of public choice, policy makers arrive at their decisions, pursuing their own interests mainly seeking his re-election and only as a secondary objective seeks social good.

4 0

4 years ago

Crawford Fishing had a net income of $35,640 in 2022. They decided to pay $3,000 in dividends and keep the rest to help expand t

OverLord2011 [107]

Answer:

The answer is Retain earning (RE).

Explanation:

The profit that they keep to reinvest in the business is reported as retain earning. The part of profit that is not payout as dividend and held for reivestment or any other purpose is included in retian earning and repoted in balance sheet as part of equity above liability section.

Retain earning = Net income - dividend

Retain earning = 35,640 - 3,000 = $ 32,640

3 0

3 years ago

On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $3,500,000 for $5,000,000. Rigsby appropriately uses the i

qaws [65]

Answer:

In 2022, Rigs-by gross profit=$682,500

Explanation:

Profit=Price at which land is sold- Actual price of land

Profit=$5,000,000- $3,500,000

Profit=$1,500,000

Gross Profit=Profit/Price at which land is sold

Gross Profit=$1,500,000/$5,000,000

Gross Profit=0.3=30%

In 2022, Rigs-by gross profit= $Gross\ Profit*\frac{Price\ at\ which\ land\ is\ sold\ -\ down\ payment }{2}$

In 2022, Rigs-by gross profit= $0.3*\frac{\$5,000,000-\$450,000}{2}$

In 2022, Rigs-by gross profit=$682,500

8 0

3 years ago

Jiminy’s Cricket Farm issued a bond with 30 years to maturity and a semiannual coupon rate of 4 percent 2 years ago. The bond cu

slega [8]

Answer:

Explanation:

The pretax cost of debt is the YTM of the bond and the aftertax cost of debt is tax-adjusted. You can use a financial calculator and key in the following inputs.

note: adjust the recurring payment and time to semiannual basis.

Maturity of the bond as of today; N = 28*2 = 56

Price of the bond; PV = -( 1.07 * 1000) = -1,070

Face value of the bond ; FV = 1,000

Semi-annual payment; PMT = (4%/2)*1,000 = 20

Compute semiannual interest rate ; CPT I/Y = 1.801%

Next, convert the semiannual rate to annual rate(YTM) = 1.801% * 2 = 3.60%

Therefore, pretax cost of debt is 3.60%

Interest paid on borrowed money (debt) has tax benefits through interest tax shield. Based on this, the after tax cost of debt can be calculated. You can solve it by adjusting the pretax cost of debt to incorporate this tax benefit. The formula is as follows;

Aftertax cost of debt = Pretax cost of debt (1-tax)

Aftertax cost of debt = 0.0360(1-0.21) = 0.02844 or 2.84%

8 0

3 years ago

What are the differences between the long-run equilibrium of a perfectly competitive firm and the long-run equilibrium of a mo

Vadim26 [7]

Answer:

Unlike perfectly competitive firms, in the long run monopolistically competitive firms face excess capacity or unused capacity. They produced at a higher cost which implies wastage of resources or under-utilization of resources.

6 0

3 years ago