Answer:
D. obtaining a commitment from the customer.
Explanation:
Closing a sale is the equivalent of making a sale.
To consider a sale done, you need to have a commitment from the customer to buy the product/service you're offering. That usually mean receiving money or at least firming a binding contract.
None of the other options is describing a complete sale. A and C are potential leads/sales... while B if of course the opposite of closing a sale.
Answer:
Decrease by $30,000
Explanation:
Cost to buy = 15,000 * $34
Cost to buy = $510,000
Note: Since Ortega is buying 15000 units at $34, the $40,000 avoidable cost on fixed manufacturing overhead is non-applicable.
Cost of making = $150,000 + $240,000 + $90,000
Cost of making = $480,000
So, if Ortega purchases the component from the supplier instead of manufacturing it, the effect on income would be decrease by $30,000 ($510,000-$480,000).
<u>Scientific notation:</u>
To write an amount in scientific notation the amount is written as multiplication of exponent of 10. In the given case we are asked to write the GDP of Germany 3.65 trillion in Scientific notation. The GDP is given 3.65 trillion and 1 trillion = 1,000,000,000,000. So we can write it as follows:
= 3.65 * 1 trillion
= 3.65 * 1,000,000,000,000
= 3.65 * 10^12
Hence the GDP of Germany in 2008 is <u>3.65 * 10^12</u>
Answer:
c. Both theoretical and applied learning
Explanation:
Throughout life, students learn the theories at college and university so they are adept at applying them in the real world. For example, a college student learns mathematical theories to use them in everyday life. As an adult, a student chooses a college degree in which he or she will specialize. Then he will learn the theories to use them in his working life. For example, a student learns economic theories at university and applies them later in his job as an economist.
Answer: The bank's total loans amount is $160,000.
Explanation: The bank got a total deposit of $200,000 from its customers. The reserve ratio was given as 20%. The is the cash reserve amount that should be domiciled with Fed. So 20% of $200,000, which is the total deposit is $40,000. This means an amount of $40,000 is the reserved cash. Since the bank has chosen not to keep any excess reserves, it means the bank would be availing a total loans amount of $160,000 (%200,000 - $40,000) to its customers.
