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babunello [35]
3 years ago
8

"if you sign up for our exclusive membership warehouse, we guarantee that you will save at least 30 to 40 percent on the majorit

y of your future big-ticket purchases. the membership fee is $4999.99 for the first three years. you don't have to sign up today if you don't want to, but you won't have another chance to do so in the future." this sales pitch is using the "________" persuasion technique.
Business
2 answers:
posledela3 years ago
5 0

this persuasion technique is called the “but you are free” technique

Grace [21]3 years ago
4 0

Answer:

the “but you are free” persuasion technique

Explanation:

Remember the blue and red pill in the Matrix, Morpheus tells Neo that he is free to choose an alternative, but once he chooses there is no turning back.

That is a perfect example for the “but you are free” persuasion technique. The salesperson makes a request but reaffirms the buyer's freedom of choice, and stresses that any answer is definitive.

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At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 918,000 Credit sales 31
Over [174]

Answer:

The journal entries are as follows:

(a) 5% of credit sales,

Bad debts expense A/c Dr. $15,900

       To Allowance for doubtful accounts   $15,900

(To record the bad debt expense)

Workings:

Uncollectibles:

= 5% × Credit sales

= 5% × $318,000

= $15,900

(b) 3% of total sales,

Bad debts expense A/c Dr. $37,080

       To Allowance for doubtful accounts   $37,080

(To record the bad debt expense)

Workings:

Uncollectibles:

= 3% × Total sales

= 3% × ($318,000 + $918,000)

= $37,080

(c) 8% of year-end accounts receivables,

Bad debts expense A/c Dr. $18,240

       To Allowance for doubtful accounts   $18,240

(To record the bad debt expense)

Workings:

Uncollectibles:

= (8% × year end accounts receivables) + Allowance for doubtful accounts balance

= (8% × $143,000) + $6,800

= $18,240

4 0
2 years ago
In many large U.S. cities, taxicab companies operate as near monopolies because of_____.
Naya [18.7K]

Answer: Option (b) is correct.

Explanation:

Correct Option: Licenses

In United States, there is a licensing system which prohibits the number of taxicabs allowed. So, there are less number of taxicabs companies operates in most of the united states cities.

There is a advantage for the taxicabs companies for using the monopoly power.

Whereas, some of the cities of U.S use 'taxi medallions" as the permits for picking up the passengers.

4 0
3 years ago
Midwest Water Works estimates that its WACC is 10.5%. The company is considering the following capital budgeting projects:
krok68 [10]

Answer:

Projects A,B,C,D and E should be accepted

Explanation:

Based on the fact that each of the itemized projects has the same of level of risk as the company's existing assets, we suggest that the firm undertake those projects that gives a return rate which is above the current weighted average cost of capital of 10.5%

In essence,projects A,B,C,D and E should be accepted as they 12%,11.5%,11.2%,11% and 10.7% returns on investment respectively.

Projects F& G would be rejected on the premise that their rates of return are lower than what is currently obtainable in Midwest Water Works.

7 0
2 years ago
A proposed new investment has projected sales of $585,000. Variable costs are 44 percent of sales, and fixed costs are $187,000;
Tema [17]

Answer:

The projected Net Income is $70,784

Explanation:

The Pro- forma income Statement

Working Note:

Variable cost = Sales × 44%

= $585,000 × 44%

= $257,400

EBT (Earnings before Tax) = Sales - Variable cost - fixed cost - depreciation

= $585,000 - $257,400 - $187,000 - $51,000

= $89,600

Net Income = EBT × Tax rate

= $89,600 × 21%

= $70,784

8 0
3 years ago
Many universities provide physical or electronic bulletin boards to facilitate ride-sharing and exchange of used books among stu
Darina [25.2K]

Answer:

C_2C

Explanation:

C_2C marketing is called consumer to consumer marketing

It is the making of product or administration with the particular limited time procedure being for shoppers to impart that item or administration to others as brand advocates dependent on the estimation of the item.  

The most noticeable instances of C_2C incorporate eBay, an online closeout web page, and amazon which is used for costumer service.

4 0
3 years ago
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