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Goryan [66]
3 years ago
5

Forward Inc. is an investment bank that operates in a particular geographic territory in Valentia. The company allocates specifi

c salesperson or a selling team to each client to serve the specific needs of that client. A salesperson with a finance background is allocated to a client who needs financial advice. Forward Inc. most likely uses a _____ structure to organize its sales force.
Business
1 answer:
defon3 years ago
5 0

Foward Inc uses a <u>Functional  structure</u> to organize its sales force

Explanation:

  • It is one of the Most common type of organizational structure.
  • In this type of structure the employees are given roles/task as per their specialization.

For example:A employee who specializes in Human Resource management will work as a Human Resource Manager.

Similarly a employee who specializes in Finance can play the role of a Mutual Fund Advisor ,Wealth Manager.

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On August 1, a $42,000, 7%, 3-year installment note payable is issued by a company. The note requires equal payments of principa
Anvisha [2.4K]

Answer:

b. $16,004.17

Explanation:

The bond pays annual interest of 7% over the 3 years. The annuity factor at 7% for 3 years is 2.6243. The amount of bond is divided by annuity factor to calculate the annual payment of bond. The payment includes bond principal repayment and interest payment. The first payment on July 31 will be for $16,004.17.

8 0
3 years ago
A higher marginal income tax rate reduces incentives to work because
svetoff [14.1K]
<span>An increase in the marginal income tax rate is likely to decrease the quantity of labor supplied. because the increase in the tax automatically reduces the profit of the firm. the management will always try to compensate their loss by taking necessary reforms or measures. the first and simplest method to reduce the loss is to cut down the expense by reducing the labour involved.</span>
7 0
3 years ago
Assume that you own an annuity that will pay you $15,000 per year for 12 years, with the first payment being made today. You nee
sleet_krkn [62]

Answer: 2.72%

Explanation:

An annuity is a series of payments that is made at equal intervals. Examples are monthly home mortgage payments, regular deposits to a savings account, pension payments.

Number of payment period (NPER) = 12 years

Payment per period (PMT) = $15000

Amount needed, PV = $156000

The formula for an annuity is calculated as:

P = PMT x ((1 – (1 / (1 + r) ^ -n)) / r)

= Rate(12,15000,-156000,1)

Rate = 2.72%

7 0
3 years ago
According to goal-setting theory, in order for goals to enhance motivation and performance they must be Multiple Choice recogniz
kow [346]

According to goal-setting theory, in order for goals to enhance motivation and performance they must be: B. accompanied by feedback.

<h3>What is motivation ?</h3>

Motivation is something that  help  to increase a worker or an employee  performance and  productivity.

For a goals which a company what to accomplish to enhance motivation  such goals must depend on the feedback received.

Therefore the correct option  is B.

Learn more about motivation here:brainly.com/question/6853726

#SPJ1

4 0
2 years ago
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production
madam [21]

Answer:

Equivalent units of production= 746,000 units

Explanation:

Giving the following information:

Units completed 620,000 100%

Ending Work in Process 180,000 70%

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 620,000 + (180,000*0.7)

Equivalent units of production= 746,000 units

7 0
3 years ago
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