Account penetration refers to the ability to work and contact people throughout the account to discuss your product.
Answer the following statement true (T) or false (F)
True
The ability to work and contact people throughout the account, discussing your products, is referred to as account penetration. Successful penetration of an account allows you to properly service that account by uncovering its needs and problems.
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Garden-Grow Products is considering a new investment whose data are shown below. The equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value, and would require some additional working capital that would be recovered at the end of the project's life. Revenues and other operating costs are expected to be constant over the project's life. What is the project's NPV? (Hint: Cash flows are constant in Years 1 to 3.) Project cost of capital (r)10.0% Net investment in fixed assets (basis)$75,000 Required new working capital$15,000 Straight-line deprec. rate33.333% Sales revenues, each year$75,000 Operating costs (excl. deprec.), each year$25,000 Tax rate25.0%
A. $30,069 B. $31,573 C. $33,152 D. $34,809 E. $36,550
A(n) ______________________________ cost is one that is directly attributable to the system or the system change
Fill in the blank(s) with correct word
Pilot Company reported the following information for 2016 and 2017. Prepaid insurance, December 31, 2016 $ 2,400 Prepaid insurance, December 31, 2017 1,500 Insurance expense—2017 14,200 How much cash was paid for insurance during 2017?
a. $13,300 b. $14,200 c. $15,100 d. $15,700
Which of the following is not true regarding the approach to design that promotes cross-functional participation in the design stage?
A. It may involve customers in the design process. B. It takes a sequential approach to design. C. It has been called "concurrent engineering." D. It helps to identify many of the potential sourcing, manufacturing, and other difficulties associated with a particular design.