Select the correct answer from each drop-down menu,

Grace and her buyers, Sam and Kim, have been looking at homes in a particular new development for over a month. It's obvious to

SVEN [57.7K]

If Grace shares the aforementioned information with Sam and Kim, the kind of closing technique which this is, is: Standing room only.

<h3>What is closing?</h3>

In sales and marketing, closing is a terminology which is typically used with respect to sales and it can be defined as the strategic process of making a business sale successful, such as through the exchange of money for a particular product or goods between a buyer and a seller.

In order for a salesperson to be able to close sales, he or she require abilities such as negotiation skills, courage, active and good listening ears, and interpersonal skills to do so or achieve a successful sales.

<h3>What is a standing room only close?</h3>

Standing room only close can be defined as a type of closing technique in which the salesperson such as Grace, gets a quick commitment from a buyer to a purchase, especially by telling him or her that the demand for the product is very high and only limited quantity is available for purchase at a particular price.

Read more on closing technique here: brainly.com/question/15418317

#SPJ1

Complete Question:

Grace and her buyers, Sam and Kim, have been looking at homes in a particular new development for over a month. It's obvious to Grace that Kim loves the development. The homes are selling fast and there is only one left. Grace has heard that this developer will not be building any more homes in this price range; he plans to go more upscale. If Grace shares this information with Sam and Kim, what kind of closing technique is this?

Assumptive

Alternative

Ownership

Standing room only.

7 0

1 year ago

A company issued 30 shares of $.50 par value common stock for $12,000. The credit to additional paid-in capital would be _______

damaskus [11]

Answer: $11,985

Explanation:

The credit to the Additional paid-in capital is the excess over the pa value of the stock that was sold. The formula is therefore:

Additional paid-in capital = Cash stock was sold for - Par value of stock

Par value of stock = 30 shares * 0.50

= $15.00

Additional paid-in capital = 12,000 - 15

= $11,985

4 0

3 years ago

The statement "Bond prices vary inversely with changes in the market rate of interest" means

Sati [7]

Answer:

The correct answer is option A.

Explanation:

The statement given above says that bond prices vary inversely with changes in market interest rate. It means that there is an inverse relationship between bond prices and the market interest rate.

In other words, when the market interest rate falls, the bond prices will rise and when there is an increase in market interest rate, the bond prices will fall. The bond price and market rate of interest are negatively related.

5 0

3 years ago

Each account that is used can be classified as an asset. True or False

riadik2000 [5.3K]

Answer: I believe your answer will be TRUE.

3 0

3 years ago

Bailey Corporation manufactures and sells a number of products, including Product G. Results for last year for the manufacture a

snow_lady [41]

Answer:

Effect on income= $25,000 increase

Explanation:

Giving the following information:

Sales $750,000

Variable production costs $450,000

Sales commissions 110,000

Salary of product manager 95,000

Fixed product advertising 80,000

Fixed manufacturing overhead 70,000

Net operating loss ($55,000)

Assume that dropping Product G would result in a $40,000 increase in the contribution margin of other product lines.

We need to calculate the effect of dropping Product G.

Effect on income= - Net operating loss + increase in contribution margin - fixed overhead costs

Effect on income= 55,000 + 40,000 - 70,000= 25,000 increase

8 0

3 years ago