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3 years ago

Which of the following is true of good salespeople?

Business

1 answer:

iogann1982 [59]3 years ago

3 0

Answer:

Correct answer is A, They know how to oversell their product so the customer can't say no. Explanation: Good salespeople are those who sell more and more of their company's product.

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If a lender agrees to an $80,000 loan at 9% for 15 years with 2 loan discount points, what amount will be charged at closing for

White raven [17]

points charged at closing will be $80,000 × 0.02 (2 points equal 2%) = $1,600.

Points, also called discount points, lower interest rates in exchange for prepayment. Lenders lower your closing costs in exchange for accepting higher interest rates. These terms may be used to mean something else. "Point" is a term that mortgage lenders have used for many years.

Mortgage points (sometimes called discount points) are fees paid to lower interest rates on home purchases or refinancing. Discount points cost 1% of your mortgage amount. For example, if you take a $ 100,000 mortgage, one point costs $ 1,000.

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6 0

1 year ago

Ashish comes to work looking exhausted almost every day. He is a new father and the baby is not sleeping well. James, his manage

morpeh [17]

The given statement is True.

Ashish agrees without putting up much fight. James takes advantage of the fact that Ashish is sleep deprived and will be more likely to engage in unethical behavior.

Explanation:

Ethics are the rules, regulations, principles, that govern a person's behavior or affect how people conduct an activity.

Ethics are something that will be evaluated on the basis of either right or wrong. If a person chooses something which is right, he is exercising ethics.

So when James takes advantage of Ashis's sleep deprivation and forced him to do something which is not right, then this is an unethical behavior. But not only James is engaged in unethical practice, Ashish is also responsible for this unethical conduct, because he should have fought for the right, rather than accepting the James's order because of his sleep deprivation and avoid indulging in a conflict with him.

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8 0

3 years ago

In its income statement for the year ended December 31, 2019, Sheridan Company reported the following condensed data. Operating

olga55 [171]

Answer&Explanation:

Net Income Statment for the Year Ended December 31,2019

Net sales 2,416,300

Cost of goods sold (1,334,200)

Gross Profit 1,082,100 Sales - COGS

Operating expenses (759,720)

Operating Income 292,380 Gross Profit - Operating Expenses

Interest revenue 29,970

Interest expense (71,270)

Loss on disposal of plant assets (15,910)

Other Income (57210)

Net income 235,170 Operating Income + Other income

Other comprehensive income 6,920.

Comprehensive Income 242,090 Net Income - OCI

6 0

3 years ago

An investment banker agrees to underwrite an issue of 10 million shares of stock for TWResearch, Inc. on a firm commitment basis

tatuchka [14]

Answer: b) Loss of $7,500,000.

Explanation:

The total the investment bank paid when underwriting was:

= 10.50 * 10,000,000 shares

= $105,000,000

The total they then sell to the public is:

= 9.75 * 10,000,000

= $97,500,000

The profit is:

= Selling revenue from public - Buying cost from company

= 97,500,000 - 105,000,000

= -$7,500,000

4 0

3 years ago

Jason rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $

melisa1 [442]

Answer:

D) 1,500

Explanation:

rent per room =$100 dollars

variable cost= $ 20 dollars

fixed cost =$ 100,000.00

desired profits=$ 20,000.00

volume(V) to meet profit target;

Contribution margin per sale= $100-$20= $80

Profits = revenue-cost

=$20,000= Vx$80-$100,000

=20,000=v80-100000

v80=100,000.00+20,000

v80=120,000

v= 120,000/80

Volume =1,500

8 0

3 years ago