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Marianna [84]
3 years ago
12

Karen rogers is a salesperson for solar panels inc. she attends builder trade shows to identify potential customers in an effort

to build long-term profitable relationships. karen rogers is engaging in which step of the selling process? prospecting preapproach presentation approach demonstration
Business
1 answer:
Nana76 [90]3 years ago
5 0
Karen is prospecting, which does occur within the larger category of preapproach. She is actively identify prospective customers to differentiate those who would most likely to buy her product, but she has yet to carry out interactions, she is still organizing her ideas and identifying her likely customers, but not actively engaging with a presentation or approach, as such this is prospecting.
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Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B
maw [93]

Answer:

Project A:

Payback Period = Years before full recover + (Un-recovered cash inflow at start of the year/cash flow during the year)

= 2 Year + ($12,000 / $18,000)

= 2 Year + 0.67 years

= 2.67 Years

<u>Payback Period - PROJECT A = 2.67 Years</u>

Project B:

Payback Period = Years before full recover + (Un-recovered cash inflow at start of the year/cash flow during the year)

= 3 Year + ($17,000 / $224,000)

= 3 Year + 0.08 years

= 3.08 Years

<u>Payback Period - PROJECT B = 3.08 Years</u>

3 0
3 years ago
You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifical
MrMuchimi

Answer: The debit column of the trial balance was overstated.

Explanation: from the question, the asset purchased with a value of $18,950 was overstated in the asset asset account.

On the purchase of the asset, the asset account is to be debited and accounts payable account is to be credited and not debited. So the debit side of the trial balance was overstated by $18,950 * 2 = $37,900.

7 0
3 years ago
Hansel Corporation has requested bids from several architects to design its new corporate headquarters. Frey Architects is one o
Igoryamba

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Frey estimates that the job will require the following direct labor.

Labor Estimated Hours Hourly Rate

Architects 176 $ 300= 52,800

Staff 352 75= 26,400

Clerical 825 20= 16,500

Total direct labor= 95,700

Frey applies overhead to jobs at 175% of direct labor cost. Frey would like to earn at least $40,000 profit on the architectural job.

1) Total cost= 95,700 + (95700*1.75)= $263,175

2) Bidding price= 263,175 + 40,000= $303,175

If they bid with $298,000 it won't reach $40,000 profit.

3) Bidding price= 263,175 + 40,000= $303,175

7 0
3 years ago
Duke’s Garage has cash of $68, accounts receivable of $142, accounts payable of $235, and inventory of $318. What is the value o
zhannawk [14.2K]

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, the given data are as follows:

Cash (assets) = $68

Accounts receivables ( assets ) = $142

accounts payable ( liabilities)  = $235

Inventory = $318

So, we can calculate quick ratio by using following formula:

Quick ratio = Assets / Liabilities

= $68 + $ 142 / $235

= $210 / $235

= 0.89

Hence, the value of quick ratio is 0.89.

7 0
3 years ago
Mutual funds are no longer a very popular investment. True False
Snezhnost [94]

Answer:

False

Explanation:

In fact Mutual funds are more popular in this decade than it has been years passed.

This is due to the spread of risk over a lot of investments.

It reduces the risk of the investor since they can trade in different securities with their fund.

3 0
3 years ago
Read 2 more answers
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