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3 years ago

Personal selling fits into the marketing mix as part of a firm's product strategy. Group of answer choices True False

Business

1 answer:

Orlov [11]3 years ago

3 0

Answer:

False

Explanation:

The given statement is False

Personal selling is in the in person interaction to sell product and services. Basically carried out by sales representatives having personal connection with the buyer. They inform about companies product and services and power of persuasion to sell their product. Although personal selling does not fits into the marketing mix as part of a firm's product strategy

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570,000. The firm will raise the $570,000 in capital by issuing $230,000 of debt at a before-tax cost of 11.1%, $20,000 of prefe

exis [7]

Answer:

WACC = 12.040%

Explanation:

WACC represents weighted average cost of all sources of financing. In the question there are three sources of finance 1) Equity 2) Preferred Stock 3) Debt.

1) Equity: The firm intends to raise $ 320,000 from equity out of total financing of $ 570,000 e.g. 56% of total financing comes from Equity. Thus multiplying the cost of equity 14.7% (given) with ratio of equity financing, we get to weighted average cost of equity of 8.253%.

2) Debt: The firm is raising $ 230,000 from debt e.g. 40% of total financing. The proportion of debt is multiplied by post tax cost of debt as the interest expense is deductible expense for tax purposes in most of the jurisdiction. Therefore we reduce the cost of debt with element of (1 - tax rate), thus we get to 8.325% = 11.1 (1 - 25%) as total cost of debt. In order to get weighted average cost of debt we multiply this post tax cost of debt with ratio of debt financing 40%, thus weighted average cost of debt is 8.325 * 40% = 3.359%

3) Preferred Stock: The firm is also raising finance from preferred stock having cost of 12.2%. Proportion of financing from preferred stock is 4% in total mix of financing, thus weighted average cost of preferred stock is 12.2% * 4% = 0.428%.

Now adding weighted average cost of all three sources of funding, we get WACC: 8.253% + 3.359% + 0.428% = 12.040%

3 0

3 years ago

Suggest strategies to succeed in outsourcing its HR services

const2013 [10]

Answer:

The answer is below.

Explanation:

The strategies of a company to succeed in outsourcing its HR services

1. Internal Analysis and Baselining: this involves the cost and value analysis of using internal HR vs Outsourcing HR

2. Understanding Cost vs. Value of HR: knowing what the cost and value of outsourcing entails can go a long way in determining whether it offers the value the company wants

3. Identifying Core Competencies: realizing the competencies of outsourcing HR particularly in the area of competitive advantage of the company.

4. Aligning Technology to Support Operational Objectives: utilization of outsourcing HR technology and operational support ensure the company doesn't cure additional coast

5. Agreeing on Expectations with HR Outsourcer: knowing what to expect and agreed on the outcome of the outsourcing process is one of the key strategies.

6. Addressing and Enforcing Performance Metrics: Also, the expected performance and what is needed to be achieved should be discussed and ensured it is ultimately accomplished.

5 0

2 years ago

Which of the following headings should be included in your résumé?

Evgesh-ka [11]

D. all of the above
hope this helped:)

6 0

3 years ago

Read 2 more answers

What is return on investment? A. The amount of income an investment center earns relative to the size of its assets B. Excess i

damaskus [11]

Answer: Option A

Explanation: In simple words, return on investment refers to the mount of profit that an investor earns in relation to the cost he or he incurs by undertaking an investment.

It is used as a performance measure to evaluate the efficiency and effectiveness of a project by comparing it with other investments having some characteristics.

Hence from the above we can conclude that the correct option is A .

3 0

3 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances

Mila [183]

Answer:

Explanation:

We solve by taken into consideration the transaction on a,b,c and d. This will allow us to get the unadjusted ending balance of each account we then compare it to be the adjusted balance on december 31 to find the adjustments made.

a) For supplies account:

supplies, November 30 $2,000

purchase of additional supply doing December 4,500

-----------

supplies, December 31(unadjusted) $6,500

Adjustment squeeze 3,000

-------------

supllies december 31 3,500

The adjustment is squeeze meaning it was used as force balancing. Adjustmnet include a debit to supplies,expense and credit to supplies for $3,000

b) For supplies account:

Prepaid, Insurance November 30 $8,000

Additional insurance payment doing December 0

-----------

Prepaid insurance , December 31 (unadjusted) $8,000

Adjustment squeeze 2,000

-------------

Prepaid insurance december 31 (adjusted ) 6,000

The adjustment is squeeze meaning it was used as force balancing. Adjustmnet include a debit to insurance expense and credit to prepaid insurance for $2,000

c) For supplies account:

salary payable November 30 $11,000

salary paid doing December 11,000

-----------

Salary payable , December 31 (unadjusted) 0

Adjustment squeeze 16,000

-------------

Prepaid insurance december 31 (adjusted ) $16,000

The adjustment is squeeze meaning it was used as force balancing. Adjustmnet include a debit to salary which represent unpaidupaid salary payable $16,000

d) For supplies account:

Deffered revenue November 30 $3,000

Additiona Advances from customer in december 0

-----------

Refered revenue , December 31 (unadjusted) 3,000

Adjustment squeeze 1,500

-------------

refered revenue december 31 (adjusted ) $1,500

The adjustment is squeeze meaning it was used as force balancing. Adjustmnet include a debit to defred revenue and a credit to service revenue for $1,500 .

5 0

3 years ago