Reliability.
(Checking timeliness and potential signs of bias are two more ways to check reliability of a source)
Answer:
the most cost-efficient mode of selling may be to use sales or marketing representatives
Explanation:
Personal selling by Tyler can divert his focus from proper management practices of the firm's activities.
Selling involves constant interaction with the customer and follow up on prospective clients.
This can be stressful and lead to lose of sales revenue through ineffective customer engagement.
Hiring a sales representative is more cost effective because sales representatives are hired on a contract basis with commission paid on performance.
This ensures that a reasonable amount is paid to get execute the sales process.
Answer:
- 3%
- internet bank
- internet bank
- Credit Union
Explanation:
(1 and 4) The traditional teaching is that Credit Unions, being not-for-profit institutions, can offer higher interest rates and better customer service than Banks. Hence, you'd expect that the Credit Union would be offering the higher interest rate.
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(2 and 3) Internet banking offers 24-hour access to your account from anywhere, so can be more convenient if you move around.
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<em>Comment on this question and answers</em>
In recent years, traditional banks have felt considerable competition from Credit Unions and other financial institutions, so have begun to offer fairly high interest rates. CitiBank now advertises interest rates above 2%, whereas my Credit Union offers rates in the neighborhood of 0.5%. That is to say that what you're learning in school about these institutions needs to be tempered by real-world research.
Most banks and credit unions these days offer internet access to your accounts, so it is rarely necessary to appear in person.* Accounts can be opened and closed, money can be transferred, checks can be written all on-line. In that way, there is little distinction anymore between "brick and mortar" banks and "internet" banks.
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* A "brick and mortar" bank may ask you to appear in person to sign a signature card when you open a checking account.
Answer:
The net effect of the repurchase and reselling of the common stock will decrease the assets and stockholders' equity.
Explanation:
June 16, 2018 (repurchase of 20,000 stocks)
- Dr Common Stock account 600,000
- Cr Cash account 600,000
July 23, 2018 (reselling of 10,000 stocks)
- Dr Cash account 280,000
- Dr Paid-in Capital or Retained Earnings account 20,000
- Cr Common Stock account 300,000
After the repurchase and reselling of the common stock, the total assets decreased by $320,000 (cash account $280,000 - $600,000).
Equity also decreased by $320,000:
- Common stock account decreased by $300,000 (= $300,000 - $600,000)
- Paid-in capital or retained earnings account decreased by $20,000
Answer:
Option D. All of the statements above are correct.
Explanation:
The reason is that the capital budget is the budget of investment in the business and in the current situation their is shortage of fund. So to meet the demand we can not pay dividends because it reduces the available cash available for investment. So the option A is incorrect.
Option B is also incorrect because the reducing debt ration means paying off the liabilities which again decrease the amount of cash available to invest in the company. So the option B is incorrect.
Increasing the proposed capital budget will require greater amount of funds. As we are already in shortage of funds, increasing capital budget is not the right course of action. So the option C is also incorrect.
Option E is also incorrect none of the option was correct, hence the correct option is D.