Buying on margin is basically borrowing money from your broker that you don't necessarily have at the time to buy additional shares. You must have a margin account, which is separate from your cash account. Usually you are able to borrow up to 50% of the new stock price.
Answer:
The question lacks answers:
<em>a. overcoming reservations
</em>
<em>b. generating and qualifying leads
</em>
<em>c. the presentation
</em>
<em>d. the preapproach
</em>
<em>e. follow-up</em>
The answer is: a. overcoming reservations
The answer can be formulated as - handling objections
Explanation:
The sales presentation process usually follows the sequence:
<em>generating and qualifying leads -> the preapproach -> the presentation -> overcoming reservations -> closing -> follow-up</em>
The part of overcoming reservations is one of the most critical parts of the sales process, as it includes the addressing of the potential concerns a lead may have. This is the part when most salespeople end the whole process, as they are mostly not prepared to argument their sales pitch.
In this example, Patrick is confident and persistent in his efforts to emphasize the benefits of the system, even though the client expressed some concern about it. Patrick successfully overcame the client's reservations by explaining the benefits further.
Answer:
The answer is C.
Explanation:
Statement of cash flow recognizes only cash transactions and does not reckon with non cash transaction.
Fine the purchase of the building cost $600,000 in total but for thr sake of cash flow statement, what goes in the only cash transaction of $400,000.
It is an outflow because money goes out from the firm to purchase the building.
And it is an investing activities because the building belongs to property, plant and equipment and it will give a future inflows
A credit score is a statistical number that depicts a person's creditworthiness. Lenders use a credit score to evaluate the probability that a person repays his debts. Companies generate a credit score for each person with a Social Security number using data from the person's previous credit history. A credit score is a three-digit number ranging from 300 to 850, with 850 as the highest score that a borrower can achieve. The higher the score, the more financially trustworthy a person is considered to be.
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Answer:
$593,000
Explanation:
Net income before debt in second year:
= Reported net income + wrote off accounts as uncollectible
= 600,000 + 34,000
= $634,000
Net income = Net income before debt in second year - Bad debts expense
= $634,000 - (1% of 4,100,000)
= $634,000 - 41,000
= $593,000
