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2 years ago

Which of the following scenarios would indicate that a nation's economy is entering the recovery phase of the business cycle?

1 answer:

3 0

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

All of the other options would show concerning economic signs, not signs of recovery. Recovery happens when there is an upturn in the economy, more hiring and better sales.

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What is the first thing you should do when a customer requests a sale item once you’ve determined that item is out of stock? Tel

ipn [44]

Answer:

Tell the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock

Explanation:

Customer retention is important as well as meeting their specific needs. It is unwise to turn back a customer and refer them to a competitor, this may mean loss of business (currently and in the future). Also it is unwise to offer a substitute item as this will not meet their needs (though you may want to inform them of the substitute item if they are interested). Issue the customer a raincheck for the item that is out of stock is the best way to go and keep the business.

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2 years ago

A _____ savings account pays interest and allows for a regular deposits and withdrawals

lisov135 [29]

Answer:

Regular savings account 

Explanation:

One requires to commit small amounts of income each month on a regular savings account.

In exchange for providing your savings provider a fixed level of income every month, they normally pay you a higher rate of return than, for instance, if you invest a lump sum in a cash ISA or easy access account.

However, the best regular savings rates also exceed the prices on the longer fixed-rate offers offered.

This type of account has rigorous terms of service that may cause you to lose your competitive rate if you fail to adhere to them.

7 0

2 years ago

Separation of duties refers to:

Bumek [7]

Making each manager personally responsible for his/her department

5 0

3 years ago

For February, sales revenue is $900,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e

FinnZ [79.3K]

Answer:

Option A

Total selling expenses for the month of February=$245,600

Explanation:

The selling expenses include all the expenditure incurred in respect of activities revolving around the marketing and distribution of goods to the final consumer.

These expenditures may be fixed or variable in nature

DATA

Sales revenue - $900,000;

Sales commission - 5%× 900,000 = 45000

Sales manager salaries - 96,000

Advertising expenses - 80,000

Shipping expenses - 2% × 900,000 = 18000

Miscellaneous selling expenses = 2100 + (1/2× 1%× 900,000) =6600

Total selling expenses for the month of February

= 45000 + 96,000 + 80,000+ 18000 + 6600 = $245,600

Total selling expenses for the month of February=$245,600

6 0

2 years ago

Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to re

inysia [295]

Answer:

Total market value of shares = 1.25 billion x $20 = $25 billion

Market value of shares after share repurchase = $25 billion - $5 billion

= $20 billion

No of shares after repurchase = Market value after repurchase

Market price per share

= $20 billion

$20

= 1 billion shares

The correct answer is B

Explanation:

The total market value of shares is obtained by multiplying the number of shares outstanding by the market price per share. The market value after repurchase is total market value of shares less value of shares repurchased. The number of shares outstanding after repurchase is the market value after repurchase divided by the market price per share.

7 0

2 years ago