Answer :
Number board feet of lumber = 54,530
Explanation :
As per the data given in the question,
Number board feet of lumber to buy in June = Number of units to be produced + Ending inventory required - Opening inventory needed
= (2,000 cases × 28 board feet of lumber per case) + (1,850 cases × 35% × 28 board feet to lumber per case) - (2,000 cases × 35% × 28 board feet of lumber per case)
=56,000 board feet + 18,130 board feet - 19,600 board feet
= 54,530 board feet of lumber
We simply applied the above formula
<em>Answer:</em>
<em>Upselling </em><em> </em>
<em>Explanation:</em>
<em>Upselling: </em><em>The term "upselling" is described as a specific sales technique in which a seller generally induces different customers to buy or purchase items that are considered as more expensive, upgrades or any other "add-ons" while making an effort to create a profitable sale. </em>
<em>In other words,</em><em> it is referred to as a practice or an effort to encourage various customers to buy high-end products. This is a method of persuading customers.</em>
<em>As per the question, the given statement signifies "upselling".</em>
Answer:
True
Explanation:
Collateral is an asset used as a guarantee or security for the payment of a loan. It assures the lender that a borrower will pay back the loan.
If an entrepreneur applies for a business loan, the bank will most likely demand collateral. The entrepreneur will need to offer an asset, either property or motor vehicle, that will act as a guarantee for the loan. Should the entrepreneur fail in repayment, the bank can sell the asset to recover their money.
Few, if any, will lend anyone money based on a business idea alone. Many banks will demand a business proposal to be backed with some guarantee to secure funding.
<span>This age is found from radiometric dating of meteorites that have been found in the earth's crust. Other samples from the earth and from the moon have borne out this finding, and give a very similar age for the oldest known materials.</span>
