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seropon [69]
3 years ago
15

Real estate agents promoting a new recreational development offer a free breakfast and the opportunity to win a trip to Hawaii f

or attending a short sales promotion meeting. It would appear they are using the _______________ persuasion technique.
Business
1 answer:
Anni [7]3 years ago
5 0

Answer:

Here the real estate gents are using the rule of reciprocity persuasion technique.

Explanation:

Reciprocity is one of the persuasion technique , and reciprocity is also know a s one of the important principles of influence. According to the rule of reciprocity, people usually hates it when they feel indebted to others, so when people receives any favors from others they feel obliged to return those favors.

Same thing is happening here as real estate agents are trying to return favor to the people who are going to attend their sales promotion meeting.

You might be interested in
Fauver Industries plans to have a capital budget of $650,000. It wants to maintain a target capital structure of 40% debt and 60
Anon25 [30]

Answer:

$ 615,000

Explanation:

Data provided :

Capital budget = $ 650,000

Debt ratio = 40%

Equity ratio = 60%

thus,

The capital funded by the equity = 60% of the capital = 0.6 × $ 650,000

= $ 390,000

Dividend to be paid = $ 225,000

Therefore,

the net income must be earned = $ 390,000 + $ 225,000

or

The net income must be earned = $ 615,000

8 0
3 years ago
ABC Enterprises issues $400,000 of bonds paying a stated interest rate of 7%. The bonds are due in 10 years, with interest payab
Ainat [17]

Answer:

$305,772.29  

The bond was issued at discount

Explanation:

The pv value approach in excel comes handy in determining the price of teh bond.

The formula is stated below:

=-pv(rate,nper,pmt,fv)

rate is the yield to maturity of other bonds of similar risk and maturity at 11%

nper is the number of times that the bond would pay coupon interest to the bondholders ,since the bond is an annual coupon paying bond,it would pay coupon for 10 years

pmt is dollar value of the coupon payable by the bond annually which is 7%*$400,000=$28,000

fv is the face value of the bond at $400,000

=-pv(11%,10,28000,400000)=$305,772.29  

Since the bond was be issued at a price lower than its face value,hence it was issued at a discount

Alternatively

Present value of interest payment = 28000 * 5.8892 = 164,898

Present value of Bond Principal = 400000 * 0.3522 = 140,874.

Total present values                                                        305,772

4 0
3 years ago
Read 2 more answers
A local dental partnership has been liquidated and the final capital balances are: Atkinson, capital (40% of all profits and los
Margarita [4]

Answer:

Cash distribution

Atkinson $20,000

Kaporale $0

Dennsmore $0

Rasputin $0

Explanation:

Computation of what should happen if Rasputin contributes additional cash of $20,000 to the partnership

Atkinson Kaporale Dennsmore Rasputin

Reported balances

$70,000 $30,000 $(42,000) $(58,000)

Capital contribution$0 $0 $0 $20,000

Adjusted balances

$70,000 $30,000 $(42,000) $(38,000)

Potential loss from Dennsmore and Rasputin(42,000+38,000=80,000) split on a 4:3 basis

(45,714) (34,285) 42,000 38,000

Adjusted balances

$24,286 $(4,285) $0 $0

Potential lossfrom Kaporale ($4,285)

(4,285) 4,285 $0 $0

Cash distribution $20,000 $0 $0 $0

Calculation for the potential loss

Potential loss from Dennsmore and Rasputin(42,000+38,000=80,000) split on a 4:3 basis

Dennsmore(4/7×80,000)= 45,714

Rasputin (3/7×80,000)=34,285

Therefore what should happen if Rasputin contributes additional cash of $20,000 to the partnership is that Atkinson will have cash of $20,000, Kaporale $0 , Dennsmore $0 and Rasputin will have cash of $0

3 0
3 years ago
Pappy Corporation received cash of $36,000 on September 1,2017 for one year's rent in advance and recorded the transaction with
fenix001 [56]

Answer:

debit Unearned Rent Revenue and credit Rent Revenue, $12,000.

Explanation:

Provided information we have,

Rent is received on 1 September 2017 for a period of 1 year on which it is accounted as Unearned Rent amounting $36,000.

Entry on that date would be

Cash A/c Dr.                  $36,000

To Unearned Rent                        $36,000

At the end of the year on 31 December 2017, we have period of current year lapsed = 1 September to 31 December = 4 months.

Thus rent income for the year = $36,000 \times \frac{4}{12} = $12,000

Therefore this rent of $12,000 will be recognized as rent income for the year 2017.

Entry will be

Unearned Rent A/c Dr.            $12,000

          To Rent Revenue                         $12,000

6 0
3 years ago
At the end of last year, the company's assets totaled $870,000 and its liabilities totaled $745,000. During the current year, th
Ber [7]

Answer:

$159,500

Explanation:

Total assets = $870,000

Total liabilities = $745,000.

Total equity is the difference between the assets and liabilities according to the accounting equation. Therefore,

Total equity = $870,000 -  $745,000

= $125,000

Increase in asset during the year = $59,000

Increase in liabilities during the year = $24,500

Therefore, increase in equity

= $59,000 - $24,500

= $34,500

At the end of the current year, stockholders' equity is made up of the opening balance and the increase during the year. Hence,

current year's stockholders' equity = $125,000 + $34,500

= $159,500

3 0
3 years ago
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