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Vlad1618 [11]
3 years ago
12

As a salesperson asks questions about a prospect's transportation system, the prospect says, "What I really want is reliable tra

nsportation at the lowest price I can get." The salesperson stops asking questions and pulls out a comparative price list that shows her company's transportation is the lowest priced and most reliable on the market. The salesperson has engaged in
adaptive sellingnon-adaptive selling
Business
1 answer:
Helga [31]3 years ago
5 0

Answer: Adaptive selling

Explanation: Adaptive selling could be referred to a flexible selling approach whereby the salesperson's response or actions are guided or determined by the type of consumer, the context or sales scenario and most especially the feedback received from the consumer. This means the kind of question and sales approach employed may be different depending on the consumer in question. In the context above, the sales person stopped asking question immediately the consumer hinted at requiring thee cheapest service, and showed him an evidence of what his company actually offers. The approach may be different for other consumers.

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Gary’s Company produces high quality shirts. Shirts must be well made because of frequent washings. Currently, Gary sells 10,000
grin007 [14]

Answer:

Unless the capacity is expanded or some of the production gets outsource, the offer is not convenient.

Explanation:

Giving the following information:

Currently, Gary sells 10,000 shirts at $60 each with the capacity to produce 11,000 shirts. Gary is considering a special order for 1,800 shirts for $40.

Gary has the following costs:

Unit Costs $200,000

Facility Costs $140,000

If Gary accepts the special order, they will incur an additional $2 per shirt in foreign currency transaction costs.

Because it is a special offer and there is unused capacity, we will not have into account the fixed costs.

variable cost per unit= (200,000/10,000) + 2= $22

Effect on income= (40 - 22)*1,800= $32,400

We have to take into account the loss of not selling 1,000 units.

Effect on income= 1,000*40= $40,000

Total effect= 32,400 - 40,000= $7,600

Unless the capacity is expanded or some of the production gets outsource, the offer is not convenient.

6 0
3 years ago
Kilbuck manufacturing operates in a lean manufacturing environment. kilbuck's actual conversion costs for the month of may follo
Brums [2.3K]
Kilbuck Manufacturing operates in a lean manufacturing environment. Kilbuck’s actual conversion costs for the month of May follow:
<span><span>Direct and indirect labor $150,000
</span><span>Machine depreciation $85,000
</span><span>Maintenance and supplies $60,000
</span><span>Total conversion costs <span>$295,000
<span>The journal entry to record April's conversion costs will include:
</span>D. A debit to Raw and In Process Inventory

</span></span></span>Raw materials of all kinds are measured at the start<span> recorded into </span>a list plus<span> account with a debit to the raw materials inventory account and a credit to the accounts </span>collectible<span> account.When raw materials </span>are<span> consumed, the accounting treatment varies, </span>betting on<span> their </span>standing<span> as direct or indirect materials.</span>
3 0
3 years ago
Hornberger, Inc. recently paid a dividend of $2.00 per share. The next dividend is expected to be $2.05 per share. Hornberger ha
ohaa [14]

Answer:

Hornberger plows back 22.72% of its earnings into the firm.

Explanation:

Plowback ratio fundamental analysis ratio that measures how much earnings are retained after dividends are paid out.

We can use the relationship g = ROE × b to find the plowback ratio (b).

The growth rate implied by the recent dividend and the expected dividend is estimated using the equation, D1 =  D0 × (1 + g)

$2.05 = $2.00 × (1 + g)

$2.05 - 2.00 = 2.00g

0.05 / 2 = g

g = 2.5%

Then  according to the equation (b)

2.50% = 11.00% × b

b = 2.50%/11.00%

b = 22.72%

3 0
3 years ago
In 2017, Wildhorse Corporation had net cash provided by operating activities of $486,000, net cash used by investing activities
Nata [24]

Answer:

1. Cash at December 31, 2017 is $413,000.

Explanation:

As per IAS-7, which deals with the Statement of Cash Flow, the year end Cash balance should be calculated as follows under indirect method:

Cash opening balance

Add: Net cash provided by operating activites

Less: Net cash used by investing activities

Add: Net cash provided by financing activities

Note: The terms "Provided" and "Used" are the basis of addition and subtraction.

<u>Calculation</u>

300,000 + 486,000 - 932,000 + 559,000 = $413,000.  

3 0
3 years ago
select the terms with the definitions of a treasury bill(t-bill). purchase price purchase price drop zone empty. discount discou
Dennis_Churaev [7]

The terms with the definitions of a treasury bill are as follows:

  • Purchase price - The value of the T-bill less the discount.
  • Discount - The interest of the T-bill.
  • Maturity value - The face value of the T-bill.
  • Effective rate -  The actual interest rate.

<h3>What is a treasury bill?</h3>

In financial market, the "Treasury Bill" (T-Bill) can be defined as short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less which are usually sold in denominations of $1,000 while some can reach a maximum denomination of $5 million. For this instrument, the longer the maturity date, the higher the interest rate that the instrument will pay to the investor.

In a typical economy, the department of Treasury sells the T-Bills during auctions using a competitive and non-competitive bidding process. The noncompetitive bids are also known as non-competitive tenders which have a price based on the average of all the competitive bids received.

Read more about treasury bill

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3 0
1 year ago
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