Answer:
total cost = 12,000
Explanation:
From the formula of accounting profit, we can solve for total cost:
Accounting profit = total revenue - totoal cost
Firm X
produce 1,000 units and sell them at $15 each
total revenue: 1,000 units x $15 = 15,000
It has an accounting profit for 3,000
We plug this values into the formula of accounting profit
Accounting profit = total revenue - totoal cost
3,000 = 15,000 - total cost
15,000 - 3,000 = total cost
total cost = 12,000
Key account management is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial, long-term relationships.
- Getting a prospect's commitment to buy during the closing stage of the selling process.
- Because the salesperson must ascertain when the prospect is prepared to buy, this stage is both the most crucial and the most challenging.
- accurate, complete, and step-by-step information is provided.
- Setting goals, structuring the sales force, hiring, choosing, training, and rewarding salespeople, as well as assessing each salesperson's performance, are all duties involved in managing personal selling.
<h3>What is team selling approach?</h3>
- Account-based selling frequently employs the sales technique of team selling to increase transaction closing rates.
- Team selling, in its simplest form, is a collaborative sales method where two or more team members work together to earn business rather than working those accounts alone.
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Answer:
Explanation:
To record note received
On June 23. Debit Credit
Notes Receivable $48,000
Accounts receivable for Radon ExpressCo $48,000
interest revenue = $48,000 x 8%x 90/360
To record dishonored note
On September 21st Debit Credit
Accounts receivable for Radon Co $48,960
Notes Receivable $48,000
Interest Revenue $960
Interest Revenue $48,960 x 10%x 30/360 = $408
Journal to record Cash Received
October 21 Debit Credit
Cash $49,368
Accounts Receivable for Radon Express Co $48,960
Interest $408
Answer:
The answer is "First choice"
Explanation:
According to David Parker and Alison Money's Project Leader study, a systematic risk assessment has already shown a shallow grasp of the tools and benefits. One reason that was found in their phenomenologic analysis of the project leaders by David Parker and Alison Mobey2 is that they've had no understanding of the tools and benefits of formal project risk analysis. The lack of formal instruments for risk management is seen by many as an obstacle to the implementation of a risk management program.
Answer:
Country x
Population size 50,000,000
Full time students 4,200,000
Not employed & not searching 6,000,000
Not employed and searching 2,336,000
Employed 29,664,000
Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment
Labour force is 32,000,000
Labor force participation rate is the labor force divided by the population size.
= 64%
Unemployment rate is defined as members of a country not employed and are searching or seeking employment.
= 4.7%
