Answer:
debiting the revenue accounts and crediting Cash.
d.
Explanation:
<span>We know from Capital asset pricing model that expected return (ER) of any stock can be calculated as
ER = Rf + beta* ( Rm - Rf)
where, Rf is risk free rate
Rm is expected return on market. Therefore,
0.128 = Rf + 1.19* (0.118 - Rf)
which is equivalent to
0.19 Rf = 0.140 - 0.128
Or, risk free rate, Rf = 0.0654 ~ 6.54%</span>
Complete Question :
Michael is in sales meeting with a potential client. The client is interested in the
product but is concerned that the product costs 15% more than the competitor's.
How should Michael handle this sales situation?
A.) Offer the client a 20% discount.
B.) Ask the client how much he or she would be willing to pay for the product.
C.) Show the client the better warranty and quality that comes with the slightly
higher cost.
D.) Say "Thanks for your time" and leave
Answer: C.) Show the client the better warranty and quality that comes with the slightly
higher cost.
Explanation: The fact that Michael's product costs 15% more than the price of it's competitor doesn't spell the end of the deal. What Michael needs to explain and make clear to the client in the sales meeting are the vague distinctions which exists between what his own product offering and that of it's competitors. Michael needs to let the potential buyers understand and get clearly the additional offers, quality or performance associated with his own product which ultimately accounts for the higher cost of his own product.
Explanation:
The computation is shown below:
(A) For amount spent by the city in a year for fire and police protection is
= $1,860,000 × 0.46%
= $855,600
(B) For amount spent yearly for fire and police protection is
= $855,600 × 12 months
= $10,267,200
(A) The percentage of public employees is
Percentage of public employees = (Public employees ÷ Total employed workers) × 100
= (18,000 ÷ 90,000) × 100%
= 20%
(B) Now for federal government employ percentage
= (Federal government employees ÷ Public employees) × 100
= (6,000 ÷ 18,000) × 100%
= 33.33%
Answer: Sales to unaffiliated customers and intersegment sales
Explanation:
A segment refers to a business component of a business which generates its own revenues.
Revenue of a segment includes the sales to unaffiliated customers and intersegment sales. Therefore, the correct option is B.
