Answer:
Success story commitment technique
C
Explanation:
As a sales person, the primary reason for setting to work is to drive an increase in the sales made by the employer. Hence, sales persons are the ones directly involved and immersed in getting the company shore up its revenue through sales.
To achieve an increment in the sales made by a company, there are several techniques employed by the sales person in order to boost the sales of the products. One of such techniques is referred to as success story commitment technique.
How does this work?
A sales person seeking to apply the approach to a customer purchasing the goods brings out a story about how a person or customer that previously made a purchase had a problem that looks like the problem the present potential buyer is having. The convincing works by telling the potential buyer that the former buyer used the product to solve the problem or issue the present buyer is having and how it worked for him/her. The potential buyer may be convinced by this approach to then purchase the goods
Answer:
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
Explanation:
First determine the units sold
Units Sold = Total Purchases - Units in hand
= 1,410 units - 270 units
= 1,140
Note ; Wildhorse Co. uses a periodic inventory system. This means we calculate the cost at the end of the period.
FIFO
Means First in First Out
Cost of the ending inventory = 270 x $9.00 = $2,430
LIFO
Means Last in First Out
Cost of the ending inventory = 270 x $6.00 = $1,620
Conclusion
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
Answer:
Final value= $15,101.13
Explanation:
Giving the following information:
You believe that you will be able to invest $3,000, $3,300, $3,800, and $4,000 next four years. The interest rate is 5%.
To calculate the final value of each deposit we need to use the following formula:
FV= PV*(1+i)^n
Year 1= 3,000*1.05^3= $3,472.88
Year 2= 3,300*1.05^2= 3,638.25
Year 3= 3,800*1.05= 3,990
Year 4= 4,000
Total= $15,101.13
Answer:
Option E
Explanation:
A direct transfer refers to the shift of funds from certain form or section of a tax deferred retirement savings plan to another. Direct payments are not deemed to be statutory dividends, and are therefore not taxed as profits or susceptible to premature payment charges. Now normally this form of transition happens digitally.
In simple terms, cash loans exist when a company sells its shares in return for money specifically to the savers. There is no financial institution involved in this procedure. Small firms typically use direct transfers, so very less money is generated during this phase.
