The final stage of the selling process is
A. closing.
B. trial close.
C. presentation.
D. follow-up.
E. overcoming objections.
Answer: D
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Which asset is counted in determining a retailer's quick ratio?
a. hidden assets b. merchandise inventories c. marketable securities d. accounts receivable
The ________ is the compound annual rate of return that a firm will earn if it invests in the project and receives the given cash inflows
A) risk-free rate B) internal rate of return C) opportunity cost D) cost of capital
Buckbee Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$97Fixed costs per year: Direct labor$629,000Fixed manufacturing overhead$2,849,000Fixed selling and administrative expenses$1,056,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 37,000 units and sold 32,000 units. The company's only product is sold for $261 per unit.The net operating income for the year under super-variable costing is:
A. $1,184,000 B. $714,000 C. $799,000 D. $229,000
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