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arlik [135]
3 years ago
5

As Vince described his firm's landscape maintenance program to the buyer for Allentown Medical Center, Alex (the buyer) interrup

ted, "Your program sounds like a winner, but I'm not interested in doing business because start-up landscaping firms go in and out of business in just a few months." Vince responded with, "That is simply not true of our firm. We have been in the business for over 15 years." Vince’s response is an example of what method of responding to objections?
Business
2 answers:
sasho [114]3 years ago
8 0

Answer:

Direct denial

Explanation:

In responding to obejections one can use various methods that suits the particular situation. A person can provide a logical argument when the objection is valid in a bid to convince the other party that their product is suitable for their needs.

In this instance Vince's firm has been in operation for over 15 years. The objection that start-up landscaping firms go in and out of business in just a few months can be answered with a direct denial.

Vince told them the business is not a startup but has been in business for 15 years.

seropon [69]3 years ago
5 0

Answer:

Direct denial

Explanation:

Base on the scenario been described in the question, the way Alex was been responded to by Vince, by saying "That is simply not true of our firm. We have been in the business for over 15 years." This statement is a typical example of direct denial.

Direct Denial is method for answering or replying possible buyers by making use of strong statements telling the person willing to buy that an error has been made.

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If you did a breakeven analysis for your firm, it would be possible for you to show management the point at which ________. the
strojnjashka [21]
If you did a break-even analysis for your firm, it would be possible for you to show management the point at which <span>the level of sales that will cover all of the company's costs</span>. A break-even analysis is how management and accountants asses the variable and fixed costs a company has with their sales revenue. When comparing these, the company is able to see at what point they will break even and cover all necessary operating costs. A good way to remember break-even is the point in which a business has no profit or loss. 
7 0
3 years ago
Jason McCurdy has a regular hourly rate of $10.75. During a two week period, he worked 80 hours (40 hours each week) and had ded
Lorico [155]

Jason McCurdy's gross pay was $684.21.

Given that the regular hourly rate is $10.75. During a two-week period, he worked 80 hours (40 hours each week) and had deductions of $110 for federal income tax, $53.32 for social security tax, and $12.47 for Medicare tax.

Total working hours = 80 hours

Hourly rate = $10.75

Total payment = $10.75 × 80

                       = $860

Deductions = Federal Income Tax + Social Security tax + Medicare Tax

                  = $110 + $53.32 + 12.47

                  = $175.79

Gross Pay = Total Payment - Deductions

                 = $860 - $175.79

                 =  $684.21

To know more about the income tax system refer to:

brainly.com/question/13745838

#SPJ4

7 0
2 years ago
Stock Y has a beta of 1.6 and an expected return of 16.6 percent. Stock Z has a beta of 0.8 and an expected return of 9.4 percen
USPshnik [31]

Answer:

Stock Y is undervalued and Stock Z is overvalued

Explanation:

The Required return on Stock Y = Risk free Rate + BetaY * Market Premium = 5.1% + 1.6%* 6.6% = 15.66%

Expected Return on Y = 16.6%

Here, the Expected return > Required return, the stock is undervalued

Reward to risk Ratio = (Expected return - Risk free rate) / Beta. For Y, Reward to risk = (0.166 - 0.051)/1.6 = 0.115/1.6 =  0.0719 = 7.19%

Required return on Stock Z = Risk free Rate + BetaZ * Market Premium = 5.1 + 0.8 * 6.6 = 10.38%

Expected Return on Z = 9.4%

Here, the Expected return < Required return, the stock is overvalued.

Reward to risk Ratio = (Expected return - Risk free rate) / Beta. For Z, Reward to risk = (0.094 - 0.051)/0.8 = 0.043/0.8=  0.0538 = 5.38%

<em>SML Reward to Risk = 0.066 = 6.6%</em>

Reward to Risk for Y > than SML Reward to Risk, then stock Y is undervalued.

Reward to RIsk for Z > than SML Reward to Risk, then stock Z is overvalued.

8 0
3 years ago
Assets that are not expected to provide benefits for a number of accounting periods are called __________.
kiruha [24]
Assets that are not expected to provide benefits for a number of accounting periods are called b. fixed assets
5 0
4 years ago
Read 2 more answers
The Payback Period Rule states that a company will accept a project if: Multiple Choice The calculated payback is less than thre
LekaFEV [45]

Answer:

The calculated payback is less than a pre-specified number of years.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.

The Payback Period Rule states that a company will accept a project if the calculated payback is less than a pre-specified number of years.

Additionally, investors and project managers are advised to only invest in projects that are having a positive net present value that is greater than or equal to zero.

7 0
3 years ago
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