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3 years ago

9

Commissions on the sale of _________ goods and commissions on financial transactions are counted in the gdp as part of “services

provided at cost”.

1 answer:

chubhunter [2.5K]3 years ago

6 0

The answer is <span>new and used.</span>

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What is prospecting?

IRINA_888 [86]

Answer:

B. Searching for potential buyers

Explanation:

it's the first step in the sales process, which is to identify potential customers (aka prospects) and to develop a database of likely customers and then systematically communicate with them in hopes of converting them to a current customer

4 0

3 years ago

Read 2 more answers

Schreiber Industries estimates bad debts at 2% of sales. Schreiber began the year with $270,000 of accounts receivable and $38,6

lorasvet [3.4K]

Answer:

The total amount of account receivable it's $246.400

Explanation:

At the beginning the company had $270.000 in the account receivable and $38.600 of allowance for bad debt, when the company wrote off bad debt, it entry a credit in the Account Receivable and a Debit in hte Allowance for bad debt.

The new balance are $244.400 in the accounts receivables and $12.600 as credit in the allowance for bad debt, with the new sales the company generate an extra account receivable of $15.000, so the net value of Accounts Receivable it's $246.400.

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3 years ago

Suppose you invest $20,000 of your own money in a business as a sole proprietor, and then borrow an additional $10,000 from a ba

vichka [17]

Answer:

The correct answer is $30,000.

Explanation:

According to the scenario, the given data are as follows:

Own investment = $20,000

Debt from bank = $10,000

As the business is sole proprietor, there is unlimited liability of the loss whether it is own investment or borrowed from a bank.

So, the total loss can be calculated as:

Total loss = Own investment + Debt from bank

= $20,000 + $10,000

= $30,000

Hence, the total loss is $30,000.

6 0

3 years ago

What is finance? The study of a business's past financial decisions The study of how to allocate assets to maximize returns The

dimulka [17.4K]

Answer: The study of how to allocate assets to maximize returns

Explanation:

Finance refers to the study of how to allocate assets to maximize returns. Finance refers to the study, management, and creation of money and investments.

Finance simply explains how economic agents such as the individual, company or government gets money and how such money is being used.

6 0

3 years ago

The Copper Mountain Group, a private equity firm headquartered in Boulder, Colorado borrows GBP 5,000,000 for one year at 7.375%

ahrayia [7]

Answer:

<u>Pound depreciates from $2.0260/GBP to $ 1.9460/GBP</u>

Amount borrowed = 5,000,000*2.026 =$10,130,000

Payment after 1 year = 5,000,000*1.07375*1.946 = $10,447,587.5

Dollar cost = (10,447,587.5/10,130,000 - 1)*100 = <u>3.135% </u>

<u> Pound appreciates from $2.0260/GBP to $ 2.1640/GBP</u>

Amount borrowed = 5,000,000*2.026 =$10,130,000

Payment after 1 year = 5,000,000*1.07375*2.164 = $11,617,975

Dollar cost = (11,617,975/10,130,000 - 1)*100 = <u>14.688%</u>

6 0

3 years ago