Answer:
d. the complexity of the product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.
For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.
Answer:
Cost of equity will be 10.93 %
So option (E) will be the correct answer
Explanation:
We have given risk free return 
Market risk premium RPM = 5.25 % = 0.0525
And 
We have to find the cost of common from reinvested earnings , that cost of equity
Cost of equity is given by
Cost of equity = risk free rate + 
= 0.0410+1.30×0.0525 = 0.10925 = 10.93 %
So option (E) will be the correct option
Answer:
Checks dated prior to year-end to the outstanding checks listed on the year-end bank reconciliation.
Explanation:
The bank cutoff statement is a bank statement for the client prepared at an agreed-upon interim date which is sent directly to the auditor. Usually the auditor asks the client to have the bank prepare the cutoff statement for some period 10 to 15 days after the close of the year.
By preparing a four-column bank reconciliation ("proof of cash") for the last month of the year, an auditor will generally be able to detect: An unrecorded check written at the beginning of the month which was cashed during the period covered by the reconciliation.
Answer:It was 2% in 1945.Your welcome.
Explanation:
