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erma4kov [3.2K]
3 years ago
11

Southern Security makes safes for storing valuables. When Ed sold safes for the company, he would deal with a prospect's concern

s such as the cost of the safe and then ask, "Are you ready to purchase a safe for your family, or are there other concerns that we need to discuss?" When Ed asked this question, he was ________.
Business
1 answer:
salantis [7]3 years ago
6 0

Answer:

in which stage of the selling process of <em><u>Close.</u></em>

Explanation:

In terms of sales, closing is simply defined as the instant when the transaction is made by a prospective or consumer.

So few opportunities close themselves, making it possible to initiate the closing for the salesperson.

This could be unsettling, especially for new salespersons, because it ends up leaving the salesperson exposed to the possibility of being rejected.

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Purchasing power parity​ ______. A. implies that international trade is competitive B. holds if the price of a good is the same
brilliants [131]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
1. Prepare journal entries to record the following hypothetical 2006 events:a. A customer deposits $50,000 in WaMu savings accou
BARSIC [14]

Answer:

1. A. Dr Cash 50,000

Cr Customers Saving Account 50,000

B.Dr Interest Expense 125

Cr Cash 125

C. Dr Loan Receivables 50,000

Cr Cash 50,000

D. Dr Interest Receivables 750

Cr Interest Income 750

2. $625

Explanation:

Answer and Explanation:

1. Preparation of journal entries

a. In a situation where A customer made deposits of the amount of $50,000 in WaMu savings account on 1/1/2006 the Journal entry will be:

Dr Cash 50,000

Cr Customers Saving Account 50,000

(Being to record the deposit from customers)

b. In a situation where WaMu pays a 1% as annual interest on the deposit on 3/31/06 the journal entry will be:

Dr Interest Expense 125

(50,000*1%*3/12)

Cr Cash 125

(Being to record the payment of interest Expense)

c. In a situation where WaMu lends out the

amount of $50,000 to another customer the Journal entry will be:

Dr Loan Receivables 50,000

Cr Cash 50,000

(Being to record the receivable lent to customers)

d. In a situation where WaMu accrues interest on this date 3/31/06 the journal entry will be:

Dr Interest Receivables 750

(50,000*6%*3/12)

Cr Interest Income 750

(Being to record the interest accrued)

2. Calculation for How much net interest income (profit) did WaMu earn in the first quarter

First step is to calculate the Net Interest Rate

Interest Rate on Receivables 6%

Less Interest Rate on Payable 1%

Net Interest Rate 5%

Second Step will be to calculate the Annual Net Interest

Using this formula

Annual Net Interest=Principal *Net Interest Rate

Let plug in the formula

Annual Net Interest=50,000*5%

Annual Net Interest= 2,500

Last step is to calculate the first quarter net interest income

Using this formula

First quarter net interest income=Time*Annual Net Interest

Let plug in the formula

First quarter net interest income= 3/12*2,500

First quarter net interest income= $625

Therefore the First quarter net interest income will be $625

7 0
3 years ago
Suppose a customer is the one who randomly selects and then purchases the four apples. if an apple is damaged, the customer will
tatiyna
What is the question?

8 0
3 years ago
The total cost of ownership (TCO) is an estimate of the cost of an item that includes all the costs related to the procurement a
den301095 [7]

Answer: <u><em>The statement given is true</em></u> since the total cost cost ownership is an estimate of cost of an commodity that considers all cost accompanying to the procurement and utilization of the item. Some of these cost are: Depreciation costs , Fuel costs , Insurance , Financing , Repairs , Downtime costs and etc. The total cost of ownership does not include disposing costs.

5 0
3 years ago
"Suppose that in some country the price of silver increased from $30 per ounce to $31 per ounce during a time when the overall p
harina [27]

Answer: Option (B) is correct.

Explanation:

Given that,

Price of silver increased from $30 per ounce to $31 per ounce.

At that time, overall price level increased by 5%

Therefore,

Change in price of silver = $31 - $30

                                         = $1 per ounce

Percentage change in price of silver = \frac{31 - 30}{30} \times 100

                                                             = 3.33%

Overall price level increases by 5% but the price of silver increases by 3.33%, which is less than 5%.

Hence, real price of silver decreases.

8 0
4 years ago
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