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Dominik [7]
3 years ago
14

Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sal

es goal of $5,000 per week, and a conversion rate goal of 60%. Keeping track of how many customers came into the store during her shifts, sales associate Suzy had 120 customers enter the store that week during her shift. Her sales indicate 65 separate transactions for a total sales amount of $4803. Suzy's conversion rate for the week is _______ and her Meeting Quota ratio is _______
Business
1 answer:
Sphinxa [80]3 years ago
5 0

Answer:

0.54 and 0.96

Explanation:

Conversion rate is Sales / Sales calls.

There are 65 sales transactions in total and the customers entered into the store are 120.

Conversion rate is 65 / 120 = 0.54

Meeting Quota ratio is Actual Sales / Sales goal

Actual Sales amount to $4803 while the sales goal was $5,000

Meeting quota ratio is 4803 / 5000 = 0.96

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1. Option A is not the best choice, because the monthly payments will be too high.

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5 0
3 years ago
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Selma deposited a paycheck for $378.42. she’ll use the check register to record her transaction. What will be her new balance?
stepladder [879]

Selma’s new balance will be $378.42. A paycheck also known as a pay check or pay cheque, is a paper document issued by an employer to pay an employee for services rendered. However, the physical paycheck is increasingly being replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.

Employees may still receive a pay slip detailing the final payment amount calculations. A salary statement, also known as a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes or is attached to the paycheck.

Each country has laws governing what information must be included on a payslip .

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5 0
2 years ago
The operating ratio for a PC insurer equals _________. A. loss ratio plus the ratios of loss adjustment expenses to premiums ear
FinnZ [79.3K]

Answer:

. E. combined ratio after dividends minus the investment yield

Explanation:

The operating ratio for a PC insurer

can be regarded as the comparison of total expenses of a company compared to net sales generated or the generated revenue. The operating ratio gives the measurement of a overall operational profitability of a firm from both underwriting as well as investment activities. It can be calculated by finding the ratio of

(property's operating expense after substraction of depreciation) and ( the gross operating income). It should be noted that The operating ratio for a PC insurer equals combined ratio after dividends minus the investment yield.

8 0
2 years ago
A good that is both nonexcludable and nonrival-in-consumption is called a
Natalka [10]

Answer:

The answer is: Public goods

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Public goods are provided by government entities and many times they are given for free or at a very low subsidized price. Public goods are non-excludable since everyone is entitled to use them (e.g. streetlight). Also public goods have no rivals that compete with them (e.g. law enforcement). Most of the public goods are free, but some exceptions exist like the US Mail.

4 0
3 years ago
Two oligopolists have to decide on their pricing strategy. Each can choose either a high or a low price. If they both choose a h
yulyashka [42]

Answer:

<h2>Considering absence of collusion,the firms will choose low price in this instance.</h2>

Explanation:

  • First,focusing on all the possible payoffs for the firms under low price situation, the possible individual payoffs for the firms are $8 million and $16 million considering that the other firm chooses low price and high price respectively.
  • Now, regarding the individual payoffs from choosing high price, the possible payoffs for the firms are $12 million and $4 million, considering that the other firm chooses high price and low price respectively.
  • Therefore, notice that considering all possible scenarios,both the minimum and maximum payoffs from choosing low price are actually higher than the same estimates under choosing higher price.
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5 0
3 years ago
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