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Tpy6a [65]
3 years ago
8

A prospective member is considering an LA Fitness membership. In her discussion with the sales rep the prospective member asks "

what can you do to sweeten the deal?" The sales rep may respond by saying "I can waive the $100 initiation fee if you sign up now." The sales rep has used a(n) ___________. a. Assumptive close b. Standing room only close c. Sharp angle close d. Final objection close.
Business
1 answer:
Gemiola [76]3 years ago
8 0

The sales rep has used a(n) Sharp angle close .

Explanation:

The Sharp Angle Closing Method is better used if the prospect will possibly buy the offer, although there is a rude opposition to it. They pose this opposition as a challenge like "can you deliver" or "there's a question" or so on.

They can answer this question with a sharp angle strategy in the hope to close the deal with yet another relevant question.

The deal is done and dusted if you get a positive reaction. If not, you know they are either not critical or there is another question if you get a negative reply. Here you have a second opportunity to clarify any other problems.

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32 percent and he holds the following assets for more than a year, which gains will be taxed at the lowest rate at the time of s
RUDIKE [14]

If an individual taxpayer's marginal tax rate is 32 percent and he holds the following assets for more than a year, which gains will be taxed at the lowest rate at the time of sale-----Gains from personal-use property.

What is meant by a marginal tax rate?

The marginal tax rate is the amount of additional tax paid for every additional dollar earned as income. The average tax rate is the total tax paid divided by total income earned.

Tax rate

In a tax system, the tax rate is the ratio at which a business or person is taxed. There are several methods used to present a tax rate: statutory, average, marginal, and effective. These rates can also be presented using different definitions applied to a tax base: inclusive and exclusive

Learn more about marginal tax rate:

brainly.com/question/23568955

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8 0
2 years ago
At an architectural firm, all employees except administrative staff are allowed to work whatever hours they choose from monday t
Natali [406]

The answer to this question is flexitime.

<span>Flexitime is a system where in employees are working on a flexible working hour schedule that is agreed by the company management and the employees. An example of flexitime is when an employee is allowed to work at a schedule of 7am-4pm, 7:30am-4:30pm, and 8am-5pm. The employees can choose any of this schedules that is agreeable to them.</span>

8 0
3 years ago
Titan Mining Corporation has 8.5 million shares of common stock outstanding, 250,000 shares of 5% preferred stock outstanding, a
qaws [65]

Answer and Explanation:

The computation of firm’s market value capital structure and the Weighted average cost of capital is shown with the help of spreadsheet. Kindly find it below

The formulas that we use in spreadsheet is shown below:-

WACC = Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)

As per question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below  

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)  

The market rate of return - risk free rate of return = market risk premium

5 0
3 years ago
On December 31, 2018, Adelphi Corporation has outstanding 500 shares of $100 par value, 4% cumulative and nonparticipating prefe
alexandr402 [8]

Answer:

$5.50 dividend per share to common stock

Explanation:

In case a company has cumulative preference shares then the company has to pay preference dividend in arrears

Here, preference dividend was not paid in the year 2017

Preference dividend for 2017 = 500 \times $100 \times 4%

= $2,000

Since the dividend is paid in between the year 2018, dividend is paid for the year 2017 and not for 2018 thus preference dividend is for a year, only for 2017

Therefore, dividend to common equity = $35,000 - $2,000 = $33,000

Dividend per share = $33,000/6,000 = $5.50 per share

6 0
4 years ago
Peyton's Palace has net income of $13.4 million on sales revenue of $114 million. Total assets were $80 million at the beginning
Romashka [77]

Answer:

Return on Assets = 159.52%

Profit Margin = 11.75%

Asset Turnover Ratio = 1.36 times

Explanation:

The computation of return on assets, profit margin, and asset turnover ratios is shown below:-

a. Return on assets

Average Total Assets = Assets in the beginning + Assets at the end ÷ 2

= ($80 million + $88 million) ÷ 2

= $168 ÷ 2

= $84 million

Return on Assets = Annual Net Income ÷ Average Total assets

= $13.4 million ÷ $84 million

= $159.52 million

b. Profit Margin

Profit Margin = Net Income ÷ Net Sales

= $13.4 million ÷ $114 million

= 11.75%

c. Assets turnover ratio

Average Total Assets = Assets in the beginning + Assets at the end ÷ 2

= ($80 million + $88 million) ÷ 2

= $168 ÷ 2

= $84 million

Asset Turnover Ratio = Net Sales ÷ Average Total assets

= $114 million ÷ $84 million

= 1.36 times

4 0
3 years ago
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