At the beginning and end of the year, Sound Designs' balance statement shows total assets of $750,000 and $800.000, respectively. $1.5 million in sales revenues (up from $1.2 million the year prior), $150,000 in net income, and $175,000 in net cash flows from operational operations.
What is turnover ?
The accounting notion of turnover determines how rapidly a corporation runs its operations. Most frequently, turnover is used to determine how quickly an organisation sells its inventory or receives money from accounts receivable.
Accounts receivable turnover, inventory turnover, portfolio turnover, and working capital turnover are examples of frequent types of turnover. By examining a variety of these ratios, businesses can more accurately gauge the effectiveness of their operations, frequently with the intention of increasing turnover.
The percentage of a portfolio sold in a given month or year is referred to in the investing industry as turnover. Fast turnover rates produce greater
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The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals:
Based on the number of people that are employed and those who are unemployed in this town, the unemployment rate is 14.4%.
What is the unemployment rate?The unemployment rate can be found by the formula:
= Employed people / (Unemployed + Employed people)
Solving gives:
= (11,000) / (65,400 + 11,000)
= 11,000 / 76,400
= 14.4%
In conclusion, the rate is 14.4%.
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While most public procurement is focused on goals like those of purchasing departments in the private sector, U.S. federal government purchases must comply with the:
While most public procurement are focused on goals like those of the private sector, the federal government purchases has to comply with the Federal Acquisition Regulation
What is the Federal Acquisition Regulation?This regulation is the primary one for all executive agencies that has to do with the way they buy and use supplies/services with the funds that have been appropriated for the purposes.
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an object is placed at a distance of 20cm from convex lens of focal length 15cm find the image distance
Answer:
Image distance = 60 cm
Explanation:
Object distance from a convex lens = 20 cm
Focal length of convex lens = 15 cm
Use the following relation between the object distance, focal length and image distance.
\(\frac{1}{object\,\,distance}+\frac{1}{image\,\,distance} =\frac{1}{focal\,\,length}\)
\(\frac{1}{20}+\frac{1}{image\,\,distance}=\frac{1}{15}\\\\ \frac{1}{image\,\,distance}= \frac{1}{15}-\frac{1}{20}\\\\ \frac{1}{image\,\,distance}= \frac{4-3}{60} \\\\ \frac{1}{image\,\,distance}=\frac{1}{60}\)
Therefore,
Image distance = 60 cm
At what rate per cent per annum will 4000 yield an interest of 410 in 2 years?
Answer:
5%
Explanation:
The applicable formula is A = P( 1 + r) ^ n
where A= amount: P is the principal, r, interest rate, n time
In this case,
A = principal + interest = Rs 410 { Rs 4000 + Rs410}
P= Rs 4000
r= ?
n= 2
r is?
4410 = 4000(1 + r) ^2
(1 + i)^ 2 = 4410/4000
(1 + i)^ 2 = 1.1025
1 + i = √1.1025
1 + i = 1.05
i = 1.05 - 1
i = 0.05
0.05 × 100 = 5%
True or False. The people in the stock exchange are paid a share from the investors’ profits.?
Answer:
false
Explanation:
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $ 1,350,000 Selling price per pair of skis $ 450 Variable selling expense per pair of skis $ 49 Variable administrative expense per pair of skis $ 19 Total fixed selling expense $ 150,000 Total fixed administrative expense $ 110,000 Beginning merchandise inventory $ 60,000 Ending merchandise inventory $ 120,000 Merchandise purchases $ 290,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit?
Answer:
Results are below.
Explanation:
Giving the following information:
Units sold= 1,350,000 / 450= 3,000
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 60,000 + 290,000 - 120,000= $338,000
Absorption costing income statement:
Sales= 1,350,000
COGS= (338,000)
Gross profit= 1,012,000
Total selling expense= (49*3,000) + 150,000= (297,000)
Total administrative expense= (19*3,000) + 110,000= (167,000)
Net operating income= $548,000
Now, the contribution margin income statement:
Sales= 1,350,000
COGS= (338,000)
Total Variable selling expense= (49*3,000)= (147,000)
Total Variable administrative expense= (19*3,000)= (57,000)
Total contribution margin= 808,000
Total fixed selling expense= (150,000)
Total fixed administrative expense= (110,000)
Net operating income= $548,000
Finally, the unitary contribution margin:
CM per unit= 808,000 / 3,000= $269.33
What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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need help on econ please and thank you
Answer:
1. Bonds
2. Property
3. Mutual Funds
4. Starting a business
Explanation:
In this discussion, discuss the first four Crusades (1095-1204). What was the purpose of each Crusade? What were the various reasons the Crusaders had for joining in these expeditions? Were the Crusades justified in some way? Use historical examples to back up your answe
The Crusades were a series of military campaigns launched by Western European Christians between 1095 and 1204 with the primary aim of regaining control of the Holy Land (Jerusalem and the surrounding areas) from Muslim rule.
Each Crusade had its own specific purpose and motivations. Let's delve into the purpose and reasons for participation in the first four Crusades:
1. First Crusade (1096-1099):
Purpose: The primary purpose of the First Crusade was to capture Jerusalem from the Seljuk Turks, who had taken control of the city. It was a response to a plea for help from the Byzantine Emperor Alexios I, who sought military assistance against the expanding Muslim forces in the region.
Reasons for Participation: The motivations for joining the First Crusade varied among individuals and groups. Some were driven by religious fervor, seeking to reclaim the Holy Land and fulfill their religious duty. Others were enticed by the prospect of wealth, land, and social advancement that came with participating in the expedition. Some knights and nobles were also seeking adventure and glory.
2. Second Crusade (1147-1149):
Purpose: The Second Crusade was called in response to the fall of the County of Edessa to the Muslims. The Crusaders aimed to recapture the lost territories and protect the Christian states in the Levant.
Reasons for Participation: Similar to the First Crusade, religious devotion and the desire to protect Christian territories motivated many to join the Second Crusade. Additionally, European rulers saw an opportunity to expand their influence and secure alliances in the East. For example, King Louis VII of France sought to strengthen his position in the Holy Roman Empire and gain political prestige.
3. Third Crusade (1189-1192):
Purpose: The Third Crusade was launched after the fall of Jerusalem to the Muslim leader Saladin. Its main objective was to recapture Jerusalem and secure Christian control over key cities in the Holy Land.
Reasons for Participation: The Third Crusade attracted significant participation from European monarchs, including Richard the Lionheart of England, Philip II of France, and Frederick I Barbarossa of the Holy Roman Empire. For Richard the Lionheart, the primary motivation was to regain Jerusalem and protect Christian interests. Additionally, conflicts and rivalries among European leaders played a role in their decision to participate in the expedition.
4. Fourth Crusade (1202-1204):
Purpose: The Fourth Crusade initially aimed to recapture Jerusalem but veered off course and resulted in the sack of Constantinople, the capital of the Byzantine Empire.
Reasons for Participation: The motivations of Crusaders in the Fourth Crusade were complex and varied. Some were driven by religious fervor and the desire to fulfill their vow to free the Holy Land. Others, particularly the Venetians, had commercial interests and sought to secure trade routes in the Eastern Mediterranean. Political rivalries and personal ambitions also played a role in the participation of various factions.
Justification of the Crusades:
The Crusades were justified by those who participated based on religious, political, and economic reasons. From a religious perspective, they were seen as a holy endeavor to protect Christianity and reclaim the Holy Land. Political motivations included expanding influence, securing alliances, and diverting attention from internal conflicts in Europe. Economic factors, such as trade opportunities and acquiring wealth, also played a role.
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Midtown antiques has found that sales have decreased 5% from last year. Sales this year are $102,488. To the nearest dollar, find the amount of last year's sales.
The amount of last year's sales is $ 107882.10
percent change = 100 - 5 = 95%
95%=$102,488
1% =$102,488/95
100%= ($102,488/95)x 100% = $ 107882.10
A sale is a transaction among two or greater events in which items or services are exchanged for cash or other assets. in the financial markets, a sale is a settlement between a customer and dealer regarding the fee of a security and its delivery for agreed-upon reimbursement.
In well-known enterprise operations, sales refer to any transactions where money or value is exchanged for the ownership of a very good or entitlement to a carrier. In an accounting context, income refers to an agency's revenue earned from the income of products or services (internet sales).
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Commercial income producing property is best appraised using which method? Market data approach. Cost approach. Income approach. Sales comparison approach.
Commercial income-producing property is best appraised using the Income Approach. So, the correct answer is Income Approach.
This method is particularly suitable for such properties as it takes into consideration the potential income generated by the property, which is a significant factor in determining its overall value. The Income Approach assesses the present value of future income streams, typically through capitalization of net operating income, to arrive at an accurate valuation.
This is especially important for investors, as it helps them make informed decisions about the profitability and viability of commercial properties. While the Market Data Approach, Cost Approach, and Sales Comparison Approach can also be utilized in certain situations, the Income Approach remains the most appropriate method for appraising commercial income-producing properties.
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Marisa has gathered a pile of financial documents from the past year showing money she has taken in. She received money from alimony, child support, investment income, and unemployment compensation. She totals it all up to try to determine her gross income, but you know that she is making a mistake. What would you tell Marisa so she can correct her total?
Answer:Her salary from her job, alimony, and child support. All of these impact her income and can be included. The specific requirements vary by the type of lan and lender.
Explanation:
Marisa can correct her total by not including the child support amount in the calculation
What is income?One can define income as the area where a person makes their money might be described as the come. This can take the shape of work that is performed in exchange for payment as well as income that can be obtained through investments that are being made.
Her job's pay, alimony, plus child support obligations. Each of these could be included and have an effect on her income. The particular standards change depending on the borrower.
She is taking all the right decisions but the amount of child support is not included when it comes to the gross income. She needs to remove that amount to calculate it then only the amount which will come will be accurate.
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1. Which of the following is INCORRECT?
Assets
Liabilities
Capital
$
$
$
i
ü.
18,270
9,340
15,160
12,230
5,290
3,120
6,380
1,390
12,980
6,220
7,780
10,840
111.
iv.
Answer:
HINDI KO PO GETPASYENSYA NA POKUNG SAAN UMAASA KAYO SASAGOT KO.
Which factor of production would the machines and building that a company uses to produce its products be considered?
Land, labor, entrepreneurship, and capital are examples of elements of production, which are the materials required to create a good or service.
What is entrepreneurship?Entrepreneurship is the creation or destruction of economic value. By this definition, entrepreneurship is seen to involve change, often including greater risk than is common when starting a business and maybe involving values other than just financial ones. An entrepreneur is someone who creates and/or finances one or more businesses, assuming the most of the risks and earning the majority of the rewards. Entrepreneurship has been defined in more detail as having the "capacity and willingness to develop, organize, and manage business ventures along with any risks that may arise in order to make a profit" and having the "capacity to develop, organize, and manage business ventures along with any risks that may arise in order to launch and manage new business ventures, which is frequently similar to small business."
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What is a scheduling technique used to achieve an optimum, one-to-one matching of tasks and resources? A. the assignment method B. the reservation method C. the appointment method ооо D. the CDS algorithm O E. Johnson's rule
The answer is D. the CDS algorithm. The CDS algorithm (Constrained-Deadline Scheduling) is a scheduling technique used to achieve an optimum, one-to-one matching of tasks and resources.
This scheduling method optimizes resource utilization by minimizing the wait time of tasks while also attempting to meet task deadlines. It begins by assigning a weight to each task based on its expected wait time and then attempting to match them up with the best available resource. The CDS algorithm is useful for situations where the resources must be assigned efficiently and the tasks should be completed in the shortest amount of time possible.
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Which financial statement reports revenues and expenses?.
Answer:
The income statement
Explanation:
Which of the following is not a fixed cost? *
O monthly gym membership
car payment
O rent
O vacation/recreation/fun expenses
The primary purpose of which standard is to ensure that the electronic health records across the nation meet an adequate standard for performance and that this standard increases in complexity over time to meet the expanded needs of the nation?
Group of answer choices
A) Patient Protection and Affordable Care Act
B) Centers for Medicare and Medicaid Services
C) National Quality Strategy
D) Meaningful use
The primary purpose of the d) Meaningful Use standard is to ensure that electronic health records (EHRs) across the nation meet adequate performance standards and increase in complexity over time to meet the nation's expanding healthcare needs.
The Meaningful Use standard, also known as the Medicare and Medicaid EHR Incentive Programs, was established as part of the Health Information Technology for Economic and Clinical Health (HITECH) Act in 2009.
The goal of this standard is to encourage healthcare providers to adopt and effectively use certified EHR technology to improve the quality, safety, and efficiency of healthcare delivery.
Meaningful Use sets specific criteria and objectives that healthcare providers must meet to qualify for financial incentives offered by the Centers for Medicare and Medicaid Services (CMS). The standard focuses on the meaningful utilization of EHRs to enhance patient care, promote interoperability, and ensure the privacy and security of health information.
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What is regional economic integration
Answer:
Regional Economic Integration can best be defined as an agreement between groups of countries in a geographic region, to reduce and ultimately remove tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other.
How many statements are correct about business forecasting?
(A) 0 (B) 1 (C) 2 (D) 3 (E) 4
Statement 1. Time series forecasting is the same as intrinsic forecasting and causal forecasting is the
same as extrinsic forecasting..
Statement 2. Stationarity is the overall nature of a time series.
Statement 3. A component is a cause of variability within a time series.
Statement 4. For a non-stationary time series with only a random component, techniques indicated
are moving average and exponential smoothing.
The correct answer is (C) 2. Two statements are correct about business forecasting.
The correct answer is (C) 2. Two statements are correct about business forecasting. Statement 2 is correct: Stationarity refers to the overall nature of a time series. A stationary time series exhibits consistent statistical properties over time, such as a constant mean and variance, without any trends, seasonal patterns, or irregular fluctuations. Stationarity is an important concept in time series analysis as it provides a foundation for applying various forecasting techniques. Statement 3 is also correct: A component is a cause of variability within a time series. Time series analysis recognizes that a time series can be decomposed into different components, such as trend, seasonality, cyclical variations, and random or irregular fluctuations. Each component contributes to the overall variability of the time series and understanding these components helps in developing forecasting models that capture the underlying patterns. Statement 1 is incorrect: Time series forecasting and causal forecasting are not the same as intrinsic and extrinsic forecasting, respectively. Intrinsic forecasting refers to using only the historical values of the time series itself to make predictions, while extrinsic forecasting considers external factors or causal relationships in addition to the historical data. Statement 4 is also incorrect: For a non-stationary time series with only a random component, techniques such as moving average and exponential smoothing are not indicated. These techniques are more suitable for stationary time series or time series with trends and seasonality. For non-stationary time series, additional methods like differencing or transformations may be necessary to achieve stationarity before applying forecasting techniques. To summarize, statements 2 and 3 are correct, while statements 1 and 4 are incorrect.
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scenario 13-2 kachina owns a computer consulting business to help senior citizens learn how to use their ipads. kachina charges $25 per hour for her services. she also works 5 hours a week for the economics department to maintain the department's web page. the economics department pays kachina $20 per hour. refer to scenario 13-2. if kachina can work additional hours at either job, what is the opportunity cost if she spends one hour reading a book?
The $25 per hour opportunity cost, which represents a lost best option, is $25.
What is an example of opportunity cost?
Time spent studying and money used for other purposes are the opportunity costs.Wheat is planted by a farmer;Planting a different crop or making a different use of the resources (land and farm equipment) is an example of the opportunity cost.
What is the simple definition of opportunity cost?The value of what you must give up in order to choose something else is known as the opportunity cost in economics.
What exactly does opportunity cost mean?The value of what you lose when choosing between two or more options is called the opportunity cost.There are trade-offs in every option, and the opportunity cost is the potential advantages you will miss out on if you choose one path over another.
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Which of the following is not one of the reasons for financial failure? A. Ignorance of current tax laws B. Failure to establish definite goals C. Procrastination D. Investments in mutual funds
Investments in mutual funds is not one of the reasons for financial failure. Hence, option D is correct.
What is Investments in mutual funds?A mutual fund is a business that collects money from many different sources and uses it to buy securities like stocks, bonds, and short-term loans. All of a mutual fund's holdings are referred to as its portfolio. Investors buy shares of mutual funds.
Mutual funds are typically seen as safe investments with little risk and a great method for investors to diversify. When it comes to fees, a mutual fund might not always be the greatest choice for a market participant.
Although there are many different types of mutual funds, most of them fall into one of four basic categories: stock funds, money market funds, bond funds, and target-date funds.
Thus, option D is correct.
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what is the benefits of purchasing health insurance through your employer
In most cases, Employee Health Insurance is free as the employer pays for it. It is offered by the employer as a benefit. Thus, the cost of the payable premium is not deducted from the employee's salary unless specified otherwise.
List 3 responsibilities that a consumer has when making a purchase.
Answer:
check receipt, know the return policy, read the fine print
Explanation:
Welcome
The three major types of vertical marketing systems are corporate, contractual, and.
The correct answer is administered. A vertical marketing system is any distribution route that involves the cooperation of its various participants. This can include manufacturers, merchants, as well as distributors.
To successfully supply items to the customers and reach the highest levels of efficiency, they all must collaborate and cooperate. The organisation known as a franchise is the most prevalent type of contractual arrangement.
In this type of system, a channel participant known as a franchisor connects several stages of the manufacturing and distribution process. Amway is one of the examples. This American marketing firm creates goods for the home, body, and health. The brand sells goods only through its authorised outlets, making it a part of a corporate vertical marketing structure.
Vertical integration comes in three different flavours: there are three types of vertical integration: backward (upstream), forward (downstream), and balanced (both upstream and downstream).
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One way to increase employee motivation by improving the P-to-O expectancies is to:
One way to increase employee motivation by improving the P-to-O (Perception-to-Outcome) expectancies is to enhance the clarity and transparency of performance expectations and outcomes.
When employees have a clear understanding of what is expected from them and how their performance will be evaluated, they are more likely to feel motivated and engaged in their work.
To begin with, organizations can establish clear performance goals and objectives that are specific, measurable, achievable, relevant, and time-bound (SMART). This provides employees with a concrete understanding of what they need to accomplish and enables them to gauge their progress and success.
Additionally, regular communication and feedback channels should be established to ensure that employees receive timely information regarding their performance and any necessary adjustments or improvements.
Furthermore, organizations can implement performance evaluation systems that are fair, consistent, and transparent. This involves providing employees with a clear understanding of the criteria and metrics used to evaluate their performance.
It is important for employees to perceive that their performance evaluations are based on objective and reliable measures rather than biased or arbitrary judgments.
In addition to performance expectations, organizations can also focus on enhancing outcome expectancies. This involves ensuring that employees understand the link between their performance and the desired outcomes or rewards.
Providing employees with meaningful rewards and recognition for their achievements can reinforce the connection between performance and outcomes, thereby increasing their motivation.
In summary, improving the P-to-O expectancies can be achieved by enhancing the clarity and transparency of performance expectations and outcomes.
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anthony perez has identified three independent variables for the magic's dynamic pricing model. those three variables are: ____
The three independent variables identified by Anthony Perez for the Magic's dynamic pricing model are not provided in the question. Hence, I cannot generate a specific answer to this question.
However, independent variables in a dynamic pricing model typically refer to the factors that influence pricing decisions and can vary over time. These variables can include factors such as demand, supply, seasonality, competition, customer demographics, market trends, and economic indicators.
The selection of these variables depends on the specific context and goals of the dynamic pricing model.
By analyzing and incorporating relevant independent variables, the model aims to optimize pricing strategies and maximize revenue for the Magic's business operations.
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Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
The record date for a company's cash dividend is thursday, october 7. what is the latest date a customer may purchase the stock for regular-way settlement in order to receive this dividend?
A customer may purchase the stock for regular-way settlement in order to receive this dividend on Wednesday, October 6.
A cash dividend is when a company pays investors out of its profits in the form of cash (checks or wire transfers). This transfers economic value from the company to its shareholders instead of the company using money to operate.
Cash dividends primarily affect the cash and equity accounts. There is no separate balance sheet account after the dividend is paid. However, after the declaration of dividends and before the actual payment, the company records its liability to shareholders in the dividend payment account.
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Which type of skills can help you determine what your customers want?
A. Speaking skills
B. Writing skills
C. Listening skills
D. Math skills
Please select the best answer from the choices provided A B C D
Answer:
C. Listening skills
Explanation:
By listening to a customer, you can determine what they want.
Improving listening skills can help you better understand and help customers.
I hope this helps.
Answer: C edge 2021
Explanation:
ur a real one :)