Miles sells greenhouse equipment. When meeting with Ralf Dover, Miles said, "I talked to the owner of Tarpon Gardens today and she said you have the best selection of roses of any grower in this area. I think my products can help you maintain healthy bushes with less work." What type of close did Miles use?
A. Double-yes
B. Minor-points
C. Assumptive
D. Referral close
E. Compliment
Answer: E
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Under purchase method accounting for a business combination, the subsidiary's assets and liabilities are reported on the consolidated balance sheet at 100 per cent of their fair values at the date of purchase regardless of whether there is a noncontrolling interest.
Answer the following statement true (T) or false (F)
A mortgage incurred in exchange for an office building would be reported in the statement of cash flows in
a. the cash flows from financing activities section b. the cash flows from investing activities section c. a separate schedule d. the cash flows from operating activities section
When a market reaches the maturity stage ________
A) gains in volume can be achieved only with gains in market share B) the volume is derived from both market demand and market share C) declining volumes are avoidable D) rate of growth increases E) the net marketing contribution is negative
________ is a squared correlation index that indicates the proportion of variance of the optimally scaled data that can be accounted for by the MDS procedure. This is a goodness-of-fit measure
A) Attribute levels B) Stress C) R-square D) Relative importance weights