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Brums [2.3K]
2 years ago
5

Which is not true of birthday and/or annual review automatics?a. the purpose is to trigger a telephone call for a face-to-face m

eeting.b. quarterly automatic contacts decrease cross-sales and lead to reduced referrals.c. you are expected to stay in touch with all your active prospects and clients through two personal contacts each year?
Business
1 answer:
Musya8 [376]2 years ago
8 0

Answer: b. Quarterly automatic contacts decrease cross-sales and lead to reduced referrals

Explanation:

During the annual review of business considering automatics it is observed that there is always a decrease in cross sales and these leads to a reduce in referrals.

When these happens, clients who raise offer for referrals drop interest.

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We can imagine the financial manager doing several things on behalf of the firm’s stockholders. For example, the manager might d
iVinArrow [24]

Answer:

A

Explanation:

One of the responsibilities of a financial manager is to direct investment activities towards increasing the market value of an organization and also support the long term financial goal of the firm.

In as much as the financial manager is expected to act in the best interest of the shareholders , he should not be bias towards them in carrying out his responsibilities,

Therefore , the best option of the given alternatives in the scenario is the he should work towards increasing the market value by investing in real assets.

7 0
3 years ago
Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
anzhelika [568]

Answer:

The Journal entries are as follows:

(i) On January 1, 2017

Plant Assets A/c Dr. $600,000

      To cash                                 $600,000

[To record the depot]

(ii) On January 1, 2017

Plant Assets A/c Dr. $41,879

       To To Asset retirement obligation $41,879

[To record the Asset retirement obligation]

Missing information: Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2017, is $41,879.

4 0
3 years ago
Suppose the price of gasoline decreases from $4.20 to $2.00, and in response quantity demanded increases from 10600 to 11200. Us
Tems11 [23]

Answer:

0.079

Explanation:

Price elasticity of demand using midpoint formula can be calculated as follows

Formula

Elasticity of demand = (change in quantity/average quantity)/(change in price/average price)

Calculation

Elasticity of demand = (600/10,900)/(-2.1/3.05)

Elasticity of demand =-0.055 / -0.688

Elasticity of demand =-0.079

working

Change in price (2-4.1) = -2.1  

Average price (2+4.1)/2=3.05

Change in quantity (11,200-10600) = 600

average quantity (11,200+10,600)/2 = 10,900

 

The elasticity of demand is inelastic as the elasticity is below 1.

4 0
3 years ago
Based on what you see in the employee complaint log, what type of culture has HydroHealth been exhibiting? Servant? Equity? Clan
Butoxors [25]

Based on the record of employee complaints, it is correct to say that the HydroHealth company is exhibiting the market culture.

<h3 /><h3>What is market culture?</h3>

It corresponds to an organizational culture based on competitiveness in the internal and external environment, that is, competitiveness is also encouraged among employees, being a more aggressive model of culture.

Therefore, the market culture can generate some disadvantages, such as increased employee turnover and task overload, increasing conflicts and negatively impacting the perception of work.

Find out more about organizational culture here:

brainly.com/question/26965722

3 0
2 years ago
What's the difference between a debit card and a cash card
sveta [45]
A cash card<span> will only allow you to make ATM (Automatic Teller Machine) withdrawals. A </span>debit card<span> will allow you to pay directly for goods and services </span>in<span> any place where your </span>card's <span>payment network (Visa, Maestro, etc.) </span>is<span> accepted.

hope this helped :)
alisa202</span>
5 0
3 years ago
Read 2 more answers
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