In the context of the promotional mix, personal selling attempts to persuade the buyer to accept a point of view. Personal selling is when a sales rep meets with a potential client to close the sale. Personal selling describes in person sales events that help promote the potential client while informing them of the product.
I believe the answer is -A!
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Answer:
What is BAD DEBT EXPENSE for THIS year?
4000
Explanation:
Aging
Current 20000 2% 400
1-30 50000 4% 2000
31-60 30000 7% 2100
Over 60 10000 25% 2500
7000
Allowance bad debts 3000
Expense 4000
Answer:
Net profit is more important.
Explanation:
Gross profit is the difference between revenue and costs of goods sold, which means you can have a positive gross profit but still because of other costs not be profitable. Whereas Net profit is the bottom line or profit after all the costs have been deducted from revenue. Net profit is more important because it takes into account all the costs and how much money the company is left with after all its expenditures where as gross profit only measures the difference between cost of goods sold and revenue. A company may have high gross profit because of low cost of goods sold but its interest payments maybe too high because of which it might not be making any net profit, so we cannot conclude much about success and profitability by only looking at gross profit.
Answer:
The new ownership position is A. 5.08
Explanation:
Current holding= 6%
current no. of shares= 2*6%=.12
new no. of shares issued =18/50=.36
total no. of shares become =2+.36=2.36 million
my holding in no. =.12 million
my holdinng in %=.12/2.36=.0508
or, 5.08%
