Answer:
$9,438.22
Explanation:
For computing the price of the bond we need to apply the present value formula i.e be to shown in the attachment below:
Given that,
Future value = $10,000
Rate of interest = 3.7% ÷ 2 = 1.85%
NPER = 20 years × 2 = 40 years
PMT = $10,000 × 3.3% ÷ 2 = $165
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the price of the bond is $9,438.22
Answer:
Mountain and Meadow Tree services prepaid rent $6,600 on December 1 for 6 months rent.
Note for asset and expense accounts when they increase you debit and when they reduce you credit.
The first entry
On December 1 : Debit Prepaid Rent account for $6,600
Narration: Prepaid rent for 6 months
Balance: $6,600
Since the rent is for 6 months, monthly payment will be= 6,600/6= $1,100
On December 31 post the following adjusting entries
December 31 : Debit Rent Expense $1,100
Narration: Rent for December
Balance: $1,100
December 31 : Credit Prepaid Rent $1,100
Narration: Rent for December
Balance: $5,500
Answer:
Build separate marketing programs for different demographic segments.
Explanation:
If a firm has detailed information regarding the demographic and purchasing data of the clients that helps to arrange the product and services in a more concise level. More importantly, they can take that information and design marketing programs accordingly, and those marketing programs can be made to facilitate different marketing segments and target market.
Answer:
No
Explanation:
Customer service has a great impact on every business, every company must train it's staff on how to listen to customers and attend to their needs in a polite and professional manner.
A great customer service will keep customers happy and satisfied, this will in turn make them want to come back to do more business. A satisfied customer will go extra length to recommend others to the company but unsatisfied customer that feels that his needs weren't addressed properly or his request wasn't attended to, such customer will not likely but from the company and also bad mouth the company to others and this will leave a great impact on the company growth.
In summary, no company in a specific industry would survive or get by without having customer service as this is part of what makes a company grow.
Answer:
The correct answer is B
Explanation:
Sales force management is the system which is basically the information system and its objective is to help the organisation to grow better, faster through automating the work which the sales management and sales force.
So, the first and the foremost decision which a manager need to take in this system is to design or create the structure as well as the strategy of the sales force.
