Answer:
B) They should demonstrate how their product will help the customers achieve personal status and recognition.
Explanation:
The social style matrix uses personality traits to categorize customers. It divides people into four categories:
- Driving Style: controlling, determined and active people
- Expressive Style: enthusiastic and emotional people
- Amiable Style: friendly and relationship driven people
- Analytical Style: thoughtful and reserved people
Since we are trying to sell goods to expressive people, then we must focus on how the goods will make them feel more important (VIPs). They seek the attention and notice of other people (they are show-off people). They want to feel important and they will buy goods that make them feel that way.
Answer:
The effective annual rate of interest is 23.45%
Explanation:
Effective annual rate of interest=(1+annual interest)^365/t-1
Annual interest =discount rate/100%-discount rate
discount rate here is 2%
annual interest=2/100-2
=2.04%
T is the difference between the discount period of 10 days and credit period of 45 days
45-10=35 days
Effective annual rate of interest=(1+2.04%)^(365/35)-1
=(1.0204^10.42857143)
-1
= 1.2345 -1
=0.2345
=23.45%
Answer:
The $30,000 will be posted to the debit side of the Cash account
The $30,000 will be posted to the credit side of the Common Stock account
Explanation:
The journal entry is shown below:
Cash A/c Dr $30,000
To Common stock A/c $30,000
(Being the cash is invested)
We simply debited the cash account and credited the capital account for $30,000 so that the correct posting can be done. So while preparing the ledger accounts we post the amount to the debit side of the cash account and credit side of the common stock account
Answer:
The answer is D. The value of a perpetuity is equal to the sum of the present value of its expected future cash flows.
Explanation:
verification.
A perpetuity is an annuity that has no end, or a stream of cash payments that continues forever.
