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VARVARA [1.3K]
4 years ago
8

Suppose a salesperson tells you that one of his/her goals is to increase sales by the end of the month. Which of the following i

s probably your best response if the salesperson asked you for feedback related to the S.M.A.R.T. goal setting?
a. That sounds like an effective goal, provided increasing sales is challenging to you.
b.That sounds like an ineffective goal because increasing sales is not realistic.
c.That sounds like an ineffective goal because it is not specific.
d.That sounds like an effective goal given that you've included a time frame.
e.None of the above is accurate.
Business
1 answer:
alisha [4.7K]4 years ago
8 0

Answer:

The answer is letter C.

Explanation:

The best response is that sounds like an ineffective goal because it is not specific.

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The accounts receivable turnover rate: Multiple Choice Indicates how many times the receivables were converted into cash during
andreev551 [17]

Answer:

Indicates how many times the receivables were converted into cash during the year.

Explanation:

Accounts receivables turnover ratio or Debtor Turnover Ratio(DTR) depicts the number of times a business's receivables are converted into cash within a period.

The ratio is computed as follows:

\frac{Net\ Credit\ Sales}{Average\ Accounts\ Receivables}

wherein, Average Accounts Receivables = \frac{Op.\ debtor\ balance\ +\ Cl.\ debtor\ balance}{2}

wherein, Op. = Opening

               Cl. = Closing

The ratio depicts how often a firm receives the money due from it's debtors during a period and represents how frequently debtors make payments, represented by average collection period which is computed as follows:

= \frac{365\ days}{DTR}

6 0
3 years ago
Cor-Eng Partnership was formed on January 2, 20X1. Under the partnership agreement, each partner has an equal initial capital ba
hjlf

Answer:

$20,000

Explanation:

The problem simply asks for Eng's initial capital balance in Cor-Eng partnership and it is just Eng's <u>contributed cash of $2,000</u> to form the partnership.

No need to dwell on the other amounts. Just focus on what was being asked and you'll not get lost ^_^

8 0
3 years ago
Mccaskell corporation's relevant range of activity is 7,000 units to 11,000 units. when it produces and sells 9,000 units, its a
vodka [1.7K]

Answer:

$79,600

Explanation:

Calculation for what the total amount of direct manufacturing cost incurred will be :

Direct material $50,400

(8,000 x $6.30)

Add Direct labor $29,200

(8,000 x $3.65)

Total Direct cost $79,600

Therefore the total amount of direct manufacturing cost incurred is closest to: $76,600

3 0
3 years ago
Larry Simmons has​ split-limit 150​/225​/110 automobile liability insurance. Several months ago Larry was in an accident in whic
goblinko [34]

Answer:

Larry's insurance policy​ cover = $729,000

Amount pay by Larry = $243,000

Explanation:

Given:

Number of insurance = 3

Each injured person awarded = $243,000

Find:

Larry's insurance policy​ cover

Amount pay by Larry

Computation:

Larry's insurance policy​ cover = Number of insurance × Each injured person awarded

Larry's insurance policy​ cover = $243,000 × 3

Larry's insurance policy​ cover = $729,000

Amount pay by Larry = $243,000 (For fourth person)

3 0
3 years ago
You wish to retire in 10 years, at which time you want to have accumulated enough money to receive an annual annuity of $13,000
nexus9112 [7]

Answer:

Computation of contribution to retirement fund  

Annual payment that the investor wants to receive after retirement = 13000

Number of years after retirement  = 15

Interest rate = 0.11

Value of the fund at 12th year (Use Present Value Formula)  = -93,481.30

Years remaining to retirement = 10

Interest rate = 0.09

Annual contribution upto retirement (Use PMT Formula) = -14,566.27

3 0
3 years ago
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