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Novosadov [1.4K]
3 years ago
13

Karen Rogers is a salesperson for Solar Panels Inc. She attends builder trade shows to identify potential customers in an effort

to build long-term profitable relationships. Karen Rogers is engaging in which step of the selling process?
Business
1 answer:
tatiyna3 years ago
7 0

Answer:  

Prospecting

Explanation:

Prospecting selling process -

It is the very first step in the process of sales , according to this step ,

The step involves the detecting the potential of the customers .

The focus of prospecting is to develop the database of the customers and to communicate with them in order to convert the potential customers to the current customers .

Hence from the question ,

Karen Rogers is involved in the prospecting selling process .  

You might be interested in
Montross Lumber processes wood to be shipped to construction companies. In order to keep its products uniform, Montross conducts
tiny-mole [99]

Answer:

$450

Explanation:

Activity based costing is the process by which a business allocates cost on the basis of the number of times an activity is carried out.

For example if different departments use a photocopier to copy 3,000, 5,000, and 2,000 sheets. The total cost will be allocated based on amount of activity per department.

In this instance

Total number of boards= 36,000

Inspections= 5% of the total

Inspection cost= $15 per hour

Percentage that will be inspected= 0.05 * 36,000 = $1,800

It takes one minute to inspect each board, there are 60 minutes in one hour. So 60 boards are inspected in one hour.

Number of inspection hours= 1,800 ÷ 60= 30 hours

Total cost of inspection= Cost per hour * Number of hours

Total cost of inspection= 15 * 30= $450

7 0
3 years ago
What might be reasons that small-company stocks earn higher returns than large-company stocks on average?
Maslowich

Answer:

small company stocks are less safe and liquid and is more exposed to inflation  

Explanation:

From the period of 1926 to 2010, the small company stock had the highest average return of securities as compared to the company stocks of large company. Some of the reasons for the highest return on average of a small company stock than the small company stock are :

1. The small company stocks are less safe.

2. The small company stocks are less liquid.

3.They are more exposed to the inflation.

3 0
3 years ago
Use the following information to answer the next question. Total Asset = $40 million Depreciation = $1.0 million. Basic earning
Marizza181 [45]

Answer:

a. $8.0 million; $1.22 million

Explanation:

The computation is shown below:

As we know that

Basic earnings power = EBIT ÷ total assets

So,

EBIT = Basic earnings power × total assets

= 0.20 × 40 million

= $8 million

Now

Times interest earned = EBIT ÷ interest expense

So,  

Interest expense = EBIT ÷ Times interest earned

= $8 million ÷ 6.55

= $1.22 million

5 0
3 years ago
Record the following transactions for the month of November 2019 in the cash receipts journal. Total, prove, and rule the cash r
gregori [183]

Answer and Explanation:

The presentation of the cash receipt journal is as follows;

<u>Date   Description    Account     Sale      Sale     Title      Amount   Cash </u>

<u>                                   Receivable tax       Credit    of                        debit</u>

<u>                                   Credit        Payable           Account</u>

<u>                                                     Credit</u>

Nov 1    Katie Bing       $2,300                                                               $2,300

Nov 10  Collection

 From mike drake                                             Note receivable  $3,700

                                                                          Interest income   $240  $3,940

Nov 13 Jessie cole      $4,100                                                                   $4,100

Nov 15  Cash sales                    $2,300   $26,500 Cash overage $14  $28,814

Nov 30 Totals               $6,400  $2,300   $26,500        $3,954        $39,154

7 0
3 years ago
Assuming purchase costs are declining and a periodic inventory system is used, determine the statements below which correctly de
choli [55]

Answer:

Explanation:

 The first statement is Incorrect that Companies using LIFO will report the smallest cost of goods sold. Rest all the three statements that have been provided are correct.

Statement A - Incorrect

Statement B – Correct

Statement C – Correct

Statement D – correct the goods sold. companies using FIFO will report the smallest cost of goods sold.

8 0
3 years ago
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