Answers
Answer:
$3,000,000
Explanation:
The first step is to calculate the assets
= debt / Total debt ratio
= 400,000/0.4
= 1,000,000
Therefore the annual sales for the firm can be calculated as follows
= 3 × 1,000,000
= $3,000,000
Related Questions
____are not very liquid because you cannot take out money
when you want or pay a penalty or lose interest; however, the longer the
term the higher the return.
A. Stocks
B. Certificates of Deposit
C. Treasury Securities
D. Savings Accounts
Answers
Answer:
My answer is A) C) and D)
Explanation:
If I am wrong please tell me.
Certificates of Deposit are not very liquid because you cannot take out money when you want or pay a penalty or lose interest; however, the longer the term the higher the return. The correct option is B.
What are the weaknesses of a CD?Low liquidity and possible inflation-related loss of purchasing power are two CD drawbacks. A CD account cannot be partially or completely redeemed without losing some of the interest that has already accumulated as well as possibly the principal.
Compared to savings accounts, CDs are less liquid. Throughout the term, neither can you add to or subtract from them. Instead, you must make a single, full deposit to purchase a CD. You usually incur fees and lose some of the interest you have accrued if you redeem your CD before it matures.
Thus, the ideal selection is option B.
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Can y’all help me please. Please give me the answers or give me an answer key.
Answers
1 (From where its blank)
Loan
2
Money
3
Credit
4
Debit
5
Purchases
6
Money
7
Credit
8
used
9
Type
10
Not sure
11
Lower
12
807
13
Credit
14
Less or more
I'm not sure about any of these answer. Its just an honest guess, if it help great if not I'm sorry I couldn't help you.
Which of the following would be out of place in a career portfolio?
A. Descriptions of problems with former bosses
B. Records of all academic degrees completed
C. Projects completed with preyingus employers
D. Awards won for past performance
SUBMIT
Answers
The problems faced by us with our former bosses should not be mentioned in a career portfolio. The correct option here is a.
What should be included in a career portfolio?A career portfolio is important for an individual who is seeking employment. It is the first impression that an individual creates while applying for a job. A portfolio which is much more detailed than a resume contains a collection of artefacts which showcases our skills, education and abilities.
A good portfolio can create a strong visual impact. But one must know what are the important things that should be included in the portfolio. Some of the things that an attention-grabbing portfolio contains are the summary of our career which should be mentioned in bullet points, percentages of our education and providing examples which are necessary for that particular job.
Other than that, objectives, short biography, communication skills, awards, projects and professional accomplishments, internships, samples of our previous work, certificates and references.
Updating our career portfolio once a year is necessary and helps us monitor our progress.
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Characterize the totality of a territory
Answers
Incomplete question. However, I inferred you want to know what characterizes the totality of a territory?
Explanation:
The basic characteristics of a place include;
the topographical features,the atmospheric, andthe biological processes;A territory's topological features include factors like the elevation of the place, etc.
Fill out the tax forms for:Ivy Perry, age 40, is single and has no dependents. She is employed as a legal secretary by Legal Eagle Beagle, Inc. She owns and operates Type It located near the campus of Florida Community College at 200 College Road. Ivy is a material participant in the business. She is a cash basis taxpayer. Ivy lives at 6020 College Road, Pensacola, Fla. 33210. Ivy's Social Security number is 123-44-5678. Ivy indicates that she wishes to designate $3 to the Presidential Election Campaign Fund. During 2021, Ivy had the following income and expense items: a. $50,000 salary from Legal Eagle Beagle, Inc. b. $20,000 gross receipts from her typing business c. $700 interest income from Florida Community Bank. d. $1,000 Christmas bonus from Legal Eagle Beagle, Inc. e. $60,000 life insurance proceeds on the death of her brother. f. $5,000 check given by her wealthy uncle g. $100 won in a bingo game. h. Expenses connected with the typing business: Office Rent Supplies Utilities and telephone Wages paid to part-time typists Payroll Taxes Equipment Rentals $7,000 4,400 4,680 5,000 500 3,000 i. $8,346 interest expense on a home mortgage (paid to Florida Community Savings& Loan) j. $5,000 fair market value of silverware stolen from her home by a burglar on October 12 2021; Ivy had paid $4,000 for the silverware on July 1, 2008. She was reimbursed $1,500 by her insurance company k. Ivy had loaned $2,100 to a friend, Deb Dobson, on June 3, 2018. Deb declared bankruptcy on August 14, 2021 , and was unable to repay the loan. Legal Eagle Beagle, Inc. withheld Federal income tax of $7,500 and FICA tax of $3,551 (which was adequate for 2021). Assume the loan is a bona fide debt. 1. m. Alimony of $10,000 received from her former husband, Tony Springfield. n. Interest income of $800 on City of Pensacola bonds. o. Ivy made estimated Federal tax payments of $1,000. p. Sales tax from the sales tax table of $654. q. Charitable Contributions of $2,500. What is the Total income, Adjusted gross income, Taxable income, Tax liability, and amount of federal tax due or refunded.
Answers
Based on the provided information, Ivy Perry's tax situation for 2021 is as follows:
Total Income: $71,800
Adjusted Gross Income (AGI): $47,220
Taxable Income: $34,670
Tax Liability: $3,961.40
Federal Tax Refund: $4,538.60
What is taxation?Taxation is the imposition of compulsory levies on individuals or entities by governments.
It should be noted that Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes.
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Which of these is not a way to reduce employees' stress?
Select one:
a.
Help out
b.
Promote collaboration
c.
Encourage tense situations
d.
Ask for input
Answers
10.EX.19.09 NPV and IRR
Each of the following scenarios is independent. All cash flows are after-tax cash flows.
Required:
1. Patz Corporation is considering the purchase of a computer-aided manufacturing system. The cash benefits will be $727,000 per year. The system costs $2,738,000 and will last six years. Compute the NPV assuming a discount rate of 12 percent.
Should the company buy the new system?
2. Sterling Wetzel has just invested $309,000 in a restaurant specializing in German food. He expects to receive $49,464 per year for the next nine years. His cost of capital is 7.40 percent. Compute the internal rate of return. Round your answers to whole percentage value (for example, 16% should be entered as "16" in the answer BOX).
%
Answers
1. To compute the NPV for the purchase of the computer-aided manufacturing system, we need to discount the cash benefits at the given discount rate and subtract the initial cost. The cash benefits are $727,000 per year for 6 years.
NPV = Cash benefits / (1 + discount rate)^n - Initial cost
NPV = $727,000 / (1 + 0.12)^6 - $2,738,000
Using a calculator, the NPV is approximately -$527,592.78 (rounded to the nearest dollar).
Since the NPV is negative, it indicates that the present value of cash benefits is less than the initial cost. Therefore, based on the NPV criterion, the company should not buy the new system.
2. To compute the internal rate of return (IRR) for Sterling Wetzel's investment in the restaurant, we need to find the discount rate that makes the present value of cash flows equal to the initial investment.
IRR is the rate at which the NPV equals zero.
IRR = Cost of capital
In this case, the initial investment is $309,000 and the cash flows are $49,464 per year for 9 years.
Using a financial calculator or Excel's IRR function, the IRR is approximately 9% (rounded to the nearest whole percentage value).
Therefore, the internal rate of return for Sterling Wetzel's investment is 9%.
The following data relate to Department no. 3 of Winslett Corporation: Segment contribution margin$540,000 Profit margin controllable by the segment manager 310,000 Segment profit margin 150,000 On the basis of this information, Department no. 3's variable operating expenses are: Multiple Choice Not determinable. $160,000. $80,000. $390,000. $230,000.
Answers
Answer:
$230,000
Explanation:
The Profit margin controllable by the segment manager contains only items directly controllable by the manager and this consists of variable costs. So deduct the profit margin controllable by the segment manager from segment contribution margin to arrive at Variable operating expenses.
Calculation of Variable operating expenses
Segment contribution margin $540,000
Less Profit margin controllable by the segment manager ($310,000)
Variable operating expenses $230,000
The right to make others do things is referred to as _________.
a.
Power
b.
Authority
c.
Compliance
d.
Vision
Answers
The right to make others do things is referred to as authority. The correct option is b.
In sociology as well as politics, authority is defined as a person's or group's legitimate power over other people. In the civil nation, authority is exercised through the judicial or executive branches of government.
In the context of governance, the conditions power and authority are not interchangeable. The term authority identifies the political legitimacy that grants and justifies the ruler's right to exercise government power; and the term power identifies the ability to accomplish an authorized goal, either through compliance or obedience; thus, authority is the power to make decisions as well as the legitimacy to render such legal decisions and order their execution. Thus, the right to make others do things is referred to as authority.
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Activity 1 Explain the importance of giving accurate information to customers.
Answers
Why Accuracy is Important to Our Customers - Service Uniformhttps://www.serviceuniform.com › Blog
About featured snippets
•
Goods or services from the U.S. can be
to many countries for different uses, such as snowplows to clear sand from driveways in
Saudi Arabia
Answers
Creation of goods or services are intended to serves a purpose which the manufacturers knew customer need and want.
Various technologies been manufactured for specific purpose must be maintained for such specific purpose because using the technology in a unfavorable environment might cause damage or disaster.For instance, the use of passenger aircraft for carriage for cargo might not only prove disastrous but less economical,In conclusion, it is obvious that Saudi Arabia being a deserted area will experience lot of sand on its tarred road. But it is will more economical if they acquire sand-plow to clear the sand rather than using a snowplow which is designed for the purpose.
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Answer:sold
Explanation:
Which of the following supports a business strategy that incorporates the key
operational capability of flexibility?
O Utilizing specialized, automated equipment for consistent product buildup
O Using electronic tools to improve customer communications
Having high quality standards for suppliers
O Reducing labor and shelving costs
O Maintaining excess production capability
Answers
Business strategy that incorporates the key operational capability of flexibility is utilizing specialized, automated equipment for consistent product buildup.
Thus, the correct option is A.
What is Business strategy?
A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.
A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.
Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.
A strategy is essentially just a hypothesis. For a strategy to be effective, the issue that needs to be resolved must be accurately diagnosed, a guiding policy must be established to handle the issue, and a set of cogent actions must be proposed to carry out the policy.
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The two main types of e-commerce are
Answers
Answer:
B2B (Business to business) and B2C (Business to consumer)
The management of Shatner Manufacturing Company is trying to decide whether to continue manufacturing a part or to buy it from an outside supplier. The part, called CISCO, is a component of the company’s finished product. The following information was collected from the accounting records and production data for the year ending December 31, 2020.
1. 7,900 units of CISCO were produced in the Machining Department.
2. Variable manufacturing costs applicable to the production of each CISCO unit were: direct materials $4.58, direct labor $4.51, indirect labor $0.45, utilities $0.41.
3. Fixed manufacturing costs applicable to the production of CISCO were:
Cost Item Direct Allocated
Depreciation $1,900 $860
Property taxes 530 320
Insurance 870 610 $3,
300 $1,790
All variable manufacturing and direct fixed costs will be eliminated if CISCO is purchased. Allocated costs will have to be absorbed by other production departments.4. The lowest quotation for 7,900 CISCO units from a supplier is $63,200.5. If CISCO units are purchased, freight and inspection costs would be $0.60 per unit, and receiving costs totaling $1,270 per year would be incurred by the Machining Department.Required:a) Prepare an incremental analysis for CISCO.
Answers
Answer:
Financial advantage of purchasing Cisco from outside vendor = $9,440
Explanation:
7,900 units produced
variable costs allocated to Cisco units (avoidable):
direct materials $4.58 per unitdirect labor $4.51 per unitindirect labor $0.45 per unitutilities $0.41 per unittotal $9.95 x 7,900 units = $78,650fixed manufacturing costs allocated to Cisco:
depreciation $860property taxes $320Insurance $610total $1,790an outside supplier can provide Cisco for $63,200 plus:
freight and inspection costs $0.60 per unit x $7,900 = $4,740total receiving costs $1,270total $6,010Incremental Analysis
Produce Purchase Difference
Cisco Cisco amount
Variable production $78,650 $78,650
costs
Purchase price $63,200 ($63,200)
Additional expenses $6,010 ($6,010)
Financial advantage of purchasing Cisco $9,440
Allocated fixed costs are not included in this analysis since they cannot be avoided by either action, producing or purchasing.
Emmy is analysing a two-share portfolio that consists of a utility share and a commodity share. She knows that the return on the utility has a standard deviation of 35 percent, and the return on the commodity has a standard deviation of 41 percent. Calculate the variance of the portfolio if the covariance (σ12) is 0.16, assuming an equal proportion of each share in Emmy’s portfolio
Answers
30% of the standard deviation of a portfolio (SD) assumes an equal proportion of each share in Emmy’s portfolio.
Bearing 1 = Useful Bearing
Weight of Useful Bearing = 50% ; Standard Deviation of Supply Inventory = 40%
Inventory 2: Merchandise Inventory
Weight of Merchandise Inventory = 50%; Standard Deviation of Raw Material Inventory = 30%.
Standard deviation (or σ) is a measure of how far the data are from the mean. A low standard deviation means that the data are clustered around the mean, and a high standard deviation means that the data are more scattered. The standard deviation is: This is a measure of how the numbers are distributed.
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Sariah sets challenging sales targets for her team.
Answers
"Sariah sets lofty sales targets for her team" is an example of planning.
What is Planning?Thinking about the steps necessary to accomplish a goal is the process of planning. Foresight, the fundamental ability for mental time travel, is the foundation of planning.
The ability to plan ahead and exhibit foresight is assumed to have evolved early in the course of human evolution.
An essential characteristic of intelligent conduct is planning.
It entails applying logic and creativity to visualize both the desired outcome and the processes required to get there.
Planning's relationship to forecasting is a crucial factor.
Planning envisions what the future may look like while forecasting attempts to anticipate what it will look like.
"Sariah sets ambitious sales targets for her team" is an example of planning.
Therefore, "Sariah sets lofty sales targets for her team" is an example of planning.
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Correct question:
"Sariah sets challenging sales targets for her team" is an example of ____.
The possibility that consumer spending may change before an anticipated change in income actually occurs reflects the importance of consumer
O irrationality.
O prophesy.
O expectations.
O imprudence.
Answers
The possibility that consumer spending may change before an anticipated change in income actually occurs reflects the importance of consumer D) expectations.
D)Consumer expectations play a vital role in shaping economic behavior and decision-making.
They are influenced by a variety of factors such as economic conditions, personal financial situations, and future prospects.
Consumer expectations refer to individuals' beliefs about the future state of the economy, including their own income levels and employment prospects.
These expectations can significantly impact consumer spending patterns and overall economic activity.
If consumers anticipate an increase in their income in the near future, they may choose to increase their spending even before the actual income change takes place.
This phenomenon is known as the "anticipatory effect" or "income effect" on consumption.
It suggests that consumers do not always wait for their income to change before adjusting their spending habits.
Instead, they act based on their expectations of future income changes.
For example, if consumers anticipate a pay raise or a promotion, they may start spending more in anticipation of the increased income, even if it has not materialized yet.
Consumer expectations can also work in the opposite direction. If consumers anticipate a future decline in income, such as a job loss or an economic downturn, they may reduce their spending in advance to prepare for the anticipated income decrease.
This behavior can have significant implications for economic stability and growth, as it can amplify the impact of economic shocks or changes in income on overall consumer spending and aggregate demand.
Therefore, understanding consumer expectations is crucial for policymakers, businesses, and economists.
It helps them gauge consumer sentiment, predict future spending patterns, and make informed decisions regarding fiscal and monetary policies.
Additionally, accurate assessments of consumer expectations can contribute to a more stable and resilient economy by allowing policymakers to respond effectively to changes in consumer behavior and manage economic fluctuations.
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Question 8
Ecru Inc. is a company that regularly provides dairy products and meat to a fast-food chain. In this scenario, Ecru Inc. is a?
Answers
Ecru Inc. is a company that provides dairy products and meat to a fast food chain. The fast food chain regularly buys these food items from Ecru. In this scenario, Ecru is a supplier of the fast food chain.
A food chain is a linear network in a food web beginning from manufacturer organisms and ending in detritivores, or decomposer species. A meals chain additionally suggests how organisms are related to each different through the food they eat. each level of a food chain represents a distinct trophic degree.
The food chain describes who eats whom in the wild. every living component from one-celled algae to large blue whales desires food to survive. each meal chain is a likely pathway that energy and nutrients can comply with through the environment.
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Disclaimer:- your question is incomplete, please see below for the complete question.
Ecru Inc. is a company that provides dairy products and meat to a fast food chain. The fast food chain regularly buys these food items from Ecru. In this scenario, Ecru is a__________of the fast food chain.
1. If you are no stranger to something, you are ____. *
-uncomfortable with it
-familiar with it
-interested in it
-unfamiliar with it
HELLLPPP
Answers
Answer:
it would be b familiar with it
Explanation:
Which of the following items would require an (adjusting) entry after preparation of the bank reconciliation?
a all items on the bank's side
b errors made on the books (company side) revealed by the bank reconciliation
c outstanding checks
d errors made by the bank revealed by the bank reconciliation
Answers
Answer:
B
Explanation:
All other options will resolve itself in future bank reconciliations but errors on the books have to be corrected with an adjusting entry
You are upgrading to better production equipment for your firm's only product. The new equipment will allow you to make more of your product in the same amount of time. Thus, you forecast that total sales will increase next year by over the current amount of units. If your sales price is per unit, what are the incremental revenues next year from the upgrade?
Answers
Answer:
$473,760
Explanation:
Calculation to determine the incremental revenues next year from the upgrade
Using this formula
Incremental revenues= Units* Percentage Increase in total sales*Sales price
Let plug in the formula
Incremental revenues=94000 units* 24% * $21
Incremental revenues= $473,760
Therefore the incremental revenues next year from the upgrade will be $473,760
Which of these might be an example of an advertiser's target group?
Answers
The example of an advertiser's target group is B.people the advertisers know nothing about.
What is advertiser's target group?The target audience an be desribed as the specific group of consumers that is in the position whereby they are the most likely to want the product or service, ther is been advertised and they can be considered as the people who should see the ad campaigns.
Ity shouldbe noted that the Target audience can be seen by using the gender, income, location, as well as interests and age which could depend on the product that is been advertised to them them.
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missing options;
A.People who have no access to media
B.people the advertisers know nothing about
C. People who watch a variety of TV shows
D. People who live in the same region of the country
Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work.
Dec-1 prepaid 24 month insurance policy(coverage starting immediately) for $24,000 cash.
Dec-7 purchased supplies for $2,000 cash.
Dec-13 agreed to do $10,000 worth of work for Telo over the next 30.payment is to be received when the work is completed on Jan12.
Dec-24 received $4,000 cash in advance to perform work for ABX over the next four weeks.
Jan-5 paid wages of $800 cash to workers.
Jan-12 received $10,000 cash from Telo for work performed over the last 30 days.
Additional Information as of December 31
Telo Job Completion at Year-End: Telo 60% Complete
ABX Job Completion at Year-End:ABX 25% Complete
Supplies Remaining at Year-End
Wages Earned By Workers but not yet Paid at Year-End
1. Record the prepayment of insurance on December 1 and the adjusting journal entry for prepaid insurance on December 31
Answers
Answer:
December 1:
Prepaid Insurance 24,000
Cash 24,000
December 31:
Insurance Expense x
Prepaid Insurance x
Calculation:
The insurance policy is for 24 months, or 2 years, and was prepaid on December 1. Thus, the amount expiring during the current year (one month) can be calculated as follows:
$24,000 / 24 months = $1,000 per month
$1,000 x 1 month (December) = $1,000
Adjusting entry:
Insurance Expense 1,000
Prepaid Insurance 1,000
The adjusting entry reduces the prepaid insurance account and records the portion of the insurance that has been used (or expired) during the current year as an expense.
The Bruin's Den Outdoor Gear is considering a new 7-year project to produce a new tent line. The equipment necessary would cost $179 million and be depreciated using straight-line depreciation to a book value of
zero. At the end of the project, the equipment can be sold for 15 percent of its initial cost. The company believes that it can sell 28,500 tents per year at a price of $74 and variable costs of 33 per tent. The fixed costs
will be 5495,000 per year. The project will require an initial investment in net working capital of $233,000 that will be recovered at the end of the project. The required rate of return is 117 percent and the tax rate is 40
percent. What is the NPV?
Answers
add 5495,000 and 233,ooo I hope this helped
According to this question, the NPV is $519,084.61 of this project calculating through Net Present Value formula.
What is Net Present Value?Net Present value is a tool of capital budgeting which is used for financial analysis and the profitability of a project or investment.
Net Present Value is calculated by taking the difference between the present value of cash inflows and present value of cash outflows over a period of time.
For every organisation, it is an important factor to calculate this it may help to take decisions regarding the expansion of business and investment very wisely.
Therefore,
Net Present Value = Rt / (1+i) t
where,
Rt = net cash flow
i = discount rate
t = time of cash flow
So, NPV is $ 519,084.61
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Dressing a grinding wheel is defined as
Answers
Answer: Dressing the wheel refers to removing the current layer of abrasive, so that a fresh and sharp surface is exposed to the work surface. Trueing the wheel makes the grinding surface parallel to the grinding table or other reference plane, so that the entire grinding wheel is even and produces an accurate surface.
Explanation: Hope this helps sho.rty :)
How can a focus on ad copy affect paid search results and what are its implications related to the buyer journey
Answers
The way a focus on ad copy can affect paid search results and its implications related to the buyer journey is:
It can effectively persuade a target audience or customer to take action as quickly as possible.AdvertisementThis refers to the marketing of goods or services which is meant to persuade a person to make a purchase.
What is Ad Copy?This refers to the specific content which is targeted to the reader so that he can take action and make purchase and this is popularly called copywriting.
This helps the advertising company to make very targeted ads which are very persuasive to generate sales and these would make the customer to take action and make a purchase as quickly as possible.
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Which of the following is a wise practice for making important purchases?
A. Skim return policies and warranties
B. Trust customer claims from the manufacturer
C. Ignore professional reviews
D. Be wary of customer testimonials
SUBMIT
Answers
Based on the question above, the correct answer is D
Be wary of customer testimonials SUBMITConsumer testimonialsThis is the reports from customers which will confirm the positivity or negativity of the product based on their experiences on the product.Therefore, the correct answer is D Be wary of customer testimonials SUBMIT
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Answer:D
Explanation: it’s right
I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high school, but I have won awards in the past like in middle school and elementary school. Can I include some of them on to my resume? Please help!!
Awards that I have won are mvp (middle school) leadership (elementary)
Answers
To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.
How to create a good resume?Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:
Keep your CV objective and conciseReview your personal dataHighlight your personal achievementsBe honest about the information providedInclude your volunteer workTherefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.
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If a client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend a _________ annuity.
Answers
If a client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend an immediate annuity.
What does a immediate annuity means?An immediate payment annuity is a contract between an individual and an insurance company that guarantees income to the owner, or annuitant, beginning almost immediately.
It differs from a deferred annuity in that payments begin at a future date specified by the annuity owner. A single-premium immediate annuity (SPIA), an income annuity, or simply an immediate annuity is another name for an immediate payment annuity.
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Customers might sometimes describe contradictory needs
Answers
Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.
When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.
This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.
Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Customers might sometimes describe contradictory needs.
A. A customer's needs can sometimes be confusing.
B. Customers might sometimes give vague descriptions.
C. Customers sometimes describe needs that oppose each other.
D. Some customers are extremely thorough in describing their needs.
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