Under the net method of recording purchases, the Discounts Lost account is used when the purchaser fails to take a discount offered by the seller.
Answer the following statement true (T) or false (F)
True
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Which of the following statements about discontinuous change is not true?
a. It builds on known processes. b. It typically requires new skills and capabilities. c. It may need significant resources to implement. d. It can challenge the existing ways of operating.
Voyage Boat Company manufactures 100 luxury yachts per month. A compact media center is included in each yacht. Voyage Boat manufactures the media center in-house but is considering the possibility of outsourcing this function. At present, the variable cost per unit is $280, and the fixed costs are $42,000 per month. Aaron Dalton, the CEO, wishes to increase operating income by $3000. He has an offer from a foreign producer to provide the media centers at a contract cost of $350 per unit. The required savings in fixed costs in order to achieve his objective would be ________.
A) $3000 B) $7000 C) $10,000 D) $28,000
What factors should you consider when writing the body of a cover letter?
As outlined in your text, the use of digital tools in the sales process helps to combat which major drawback of professional selling?
A. having to give sales presentations B. the high cost involved C. having too many competitors D. difficulty in getting leads E. not having a competitive advantage