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timama [110]
3 years ago
10

You are a sales director for a company and have noticed employees are showing up towork dressed inappropriately. customers have

started tocomplain and sales havefallen. as thesalesdirector, you want to implement two specific dress codes, one forthe in-house sales department employees and one for thetravelingsalesdepartmentemployees. your in-house sales employees mostly conduct business over the phonewith occasional visits from clients. yourtravelingsales employeesvisit clients at theirplace of employment to conduct business.write one memo as the sales director to boththein-house sales department employeesand thetravelingsales department employees. announce and outline the new dresscode policiesfor each groupand diplomaticallyexplain why the policy isstricterfor thetravelingsales employees. remember to keep a professional tone and to format thememo properl
Business
1 answer:
pochemuha3 years ago
8 0
You could say something like "From this day forth all staff in the in-house sales department and <span>the traveling sales department. All men must wear suit and tie, and all women must be dressed in jeans and a long sleeve shirt!?"</span>
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A stock just paid an annual dividend of $2.8. The dividend is expected to grow by 6% per year for the next 4 years. The growth r
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Answer:

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Explanation

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7 0
3 years ago
Slow​ 'n Steady,​ Inc., has a stock price of ​, will pay a dividend next year of ​, and has expected dividend growth of per year
wlad13 [49]

Answer:

Slow​ 'and Steady cost of equity​ capital is <u>11%</u>.

Explanation:

Note: The question is not complete as the important data are committed. The full question is therefore provided before answering the question as follows:

Slow n' steady Inc, has a stock price of $30, will pay a dividend next year of $3, and has expected dividend growth of 1% per year. what is your estimate of slow n steady's cost of equity capital?

The explanation to the answer is now given as follows:

The cost of equity can be calculated using the Gordon growth model (GGM) formula for calculating current stock price

The GGM has the assumption that there will be a stable dividend growth rate year after year forever.

Tje GGM formula is given as follows:

P = d1 / (r - g) ……………………………………… (1)

Where;

P = Current share price = $30

d1 = Next year dividend = $3

r = Required rate of return or cost of equity = ?

g = Expected dividend growth rate = 1%, or 0.01

Substituting the values into equation (1) and solve for r, we have:

30 = 3 / (r - 0.01)

r - 0.01 = 3 / 30

r - 0.01 = 0.10

r = 0.10 + 0.01

r = 0.11, or 11%

Therefore,  Slow​ 'and Steady cost of equity​ capital is <u>11%</u>.

5 0
3 years ago
Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling fo
wolverine [178]

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.

4 0
3 years ago
An office manager uses 500 boxes of file folders per year. The price is $8.50 per box for an order size Q &lt;= 200, $8.00 per b
Serhud [2]

Answer:

The correct  answer is 8 $ per box

Explanation:

Solution

Given that:

Let EOQ = √(2*D*S/H) = √(2*500*150/0.2*P)

(a) Let P = 8.5 $/box

Then,

EOQ = √(2*500*150/0.2*8.5) = 297 boxes

Thus,

No feasible as P = 8.5 $/box when Q<=200

(b). Let P = 8 $/box

Thus,

EOQ = SQRT(2*500*150/0.2*8) = 306 boxes (approx)

This  quantity is right as it falls between 200 and 800.

Therefore the price at the optimal order quantity that minimizes total annual cost is  8 $/box

7 0
3 years ago
34. Teller Co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during May. Each box of til
kakasveta [241]

Answer:

budgeted  manufacturing overhead=$2871

Explanation:

Direct labour hours= budgeted production × standard hours per unit

                            = 870× 1/4 hour=217.5  hours

Direct labour cost =  217.5 ×    $12 =$2610

Manufacturing overhead = Overhead absorption rate × direct labour cost

                                       = 110%×2610 =2,871

Budgeted  manufacturing overhead=$2871

3 0
3 years ago
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