Profit = Sales - Expenses
<span>Expenses = Fixed + Variable </span>
<span>No. of units sold = $550,000 / 55 = 10,000 </span>
<span>Variable expenses = $44 x 10,000 = $440,000 </span>
<span>Expenses = 20,000 + 440,000 = $ 460,000 </span>
<span>So, profit = 550,000 - 460,000 = $ 90,000.</span>
Answer:
Incentive plans
Explanation:
Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.
It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.
Answer:
B, D and E
Explanation:
The sales department is a common component that is all organizations. It is comprised of sales representatives with different skills and abilities. The best persons will share similar characteristics. These are the traits that make them effective and puts them at the top. They include
- Communication skills. A goods salesperson is able to initiate and sustain a conversation with a customer. Clients tend to resist sale representative whose interest is to close a sale as quickly as possible. He or she must provide excellent proposals and quotes to keep the client interested.
- Maintain relationship with clients. A good salesperson maintains a relationship with customers. He or she is not interested in the current deal only, but future prospects too.
- Competitiveness. To achieve sales targets, a good salesperson must demonstrate and maintain assertiveness and aggregation in the marketplace.
Answer:
yes it is possible ......
Answer:
a)
$50 = $2 / (16% - g)
16% - g = $2 / $50 = 4%
g = 16% - 4% = 12%
expected growth rate = 12%
b)
P₀ = $2 / (16% - 5%)
P₀ = $2 / 11%
P₀ = $18.18
c)
P/E ratio = share price / EPS
since the share price decreases from $50 to $18.18, the P/E ratio will decrease. When you are dividing a number, if the numerator decreases while the denominator remains still, the answer will decrease.
