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2 years ago

What method would salespeople use to find new customers?

Business

1 answer:

abruzzese [7]2 years ago

5 0

Answer:

B. prospecting

Explanation:

The method that sales people would use to find new customers would be prospecting.

In sales, prospecting means the identification of potential customers for a particular good/service. It represents the first step in sales process.

After the list of potential customers have been created, the next step would be to find a way of reaching out to these customers in order to create leads which can end up in sales and turns a prospective customer to a paying customer.

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In a mutual fund, investors share equally in profits, losses, and management decisions.

sammy [17]

Answer: True

Explanation: A mutual fund is a collective pool of funds provided by a group of individuals to money managers for investment in various securities such as stocks and bonds.

Due to it's collective nature, every shareholder or investor benefits and loses in equal portion - and the expenses of the mutual fund are shared in the expense ratio.

Because the funds are invested into stocks, bonds and other securities, they usually have a lower risk than individual stocks or bonds.

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3 years ago

Why would a merger reduce costs? Why would a merger increase markups? Why do many mergers fail nonetheless?

Yuri [45]

Costs are reduced because they are shared and also one firm may offer services that it has specialised in at reduced costs

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2 years ago

Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to intervi

zhuklara [117]

The best option among the choices provided that has a significantly higher possibility of being hired in a position at Human Resources would be Michelle, who studied psychology and physiology." It would be a great advantage of Michelle to settle on the job since she already has an adequate understanding of people's emotions.

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3 years ago

Read 2 more answers

What role do pawnshops playy in American economy

RUDIKE [14]

Getting rid of old stuff to people who want it instead of throwing it away.

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3 years ago

On January 1, 2021, Maywood Hydraulics leased drilling equipment from Aqua Leasing for a four-year period ending December 31, 20

Step2247 [10]

Answer and Explanation:

The Journal entries are shown below:-

1. Right of use assets Dr, $371,049

To Lease payable $371,049

(Being lease is recorded)

Working note:-

Present value of periodic lease payment $354,595

($100,000 × (present value of ordinary annuity of $1, n = 4, i = 5%)

($100,000 × 3.54595)

Present value of an estimated cash payment under a residual value

$16,454 (Present value $1, n = 4, i = 5%)

Lease payment = $354,595 + $16,454

= $371,049

2. Amortization expense Dr, ($371,049 ÷ 4 years) $97,262

To Right of use assets $97,262

(Being related to the lease is recorded)

3. Interest expense Dr, (5% × $371,049) $18,552

Lease payable Dr, $81,448

To annual payment of cash $100,000

(Being annual payment of lease is recorded)

3 0

3 years ago