Why would a company insist that its salespeople stick to strict route designs?

What will be an ideal response?


Strict route designs enable the company to improve territory coverage, minimize wasted time, and establish communication between management and the sales force in terms of the location and activities of individual salespeople.

Business

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Ngu owns equipment that cost $94,100 with accumulated depreciation of $64,400. Ngu asks $35,150 for the equipment but sells the equipment for $33,100. Compute the amount of gain or loss on the sale.

A. $5450 loss. B. $3400 loss. C. $3400 gain. D. $5450 gain. E. $2050 gain.

Business

Julio is considering the purchase of 12 bonds. What is the annual interest for the bonds when the settlement date is on the interest date?

Face value of each bond:$600

Price per bond:80% Interest rate:11%
Commission per $2,400 bond:$24
a.$792 b.$5,760 c.$6,048 d.$288

Business

Bill is attempting to determine how much life insurance to purchase. He has two dependent children and his wife does not work outside of the home

An advisor suggested that Bill should consider Social Security benefits when doing his life insurance planning. One concern in this regard is the period after Social Security benefits to a widow terminate until they resume again. This period is called the A) blackout period. B) dependency period. C) emergency period. D) readjustment period.

Business

The return that fully compensates for the risk of an investment is called the risk-free rate of return

Indicate whether the statement is true or false.

Business