In a situation in which the customer may not be fully aware of a problem, the salesperson will most likely need to:
A) recommend another source
B) ask more probing questions
C) end the sales call and ask for another meeting
D) recommend a configured solution immediately
E) define the problem and recommend the solution
E
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Faru Co. identified five industry segments: (1) plastics, (2) metals, (3) lumber, (4) paper, and (5) finance. The company properly consolidated the segments when it prepared its annual financial statements. Information describing each segment is presented below (in thousands). Plastics Metals Lumber Paper FinanceSales to outside parties$8,215 $2,787 $827 $451 $0 Intersegment revenues transfers 138 170 125 140 0 Interest income from outside parties 0 25 8 0 242 Interest income from intersegment loans 0 0 0 0 207 Operating expenses 5,088 2,096 1,191 753 21 Interest expense 79 21 66 40 113 Tangible assets 1,678 3,882 408 729 135 Intangible
assets 94 469 0 62 863 ?Prepare the revenue test and determine which of these segments was separately reportable. What will be an ideal response?
Thirsty Dog! Thirsty Cat! AdThe Thirsty Dog! & Thirsty Cat! ad above shows an example of a product that failed in the marketplace. Identify and describe the reason(s) for this unique item's marketing-related product failure.
What will be an ideal response?
Tomlison Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,100 units, but its actual level of activity was 5,150 units. The company has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per Month Variable Element per UnitRevenue - $42.40 Direct labor$0 $7.70Direct materials 0 15.40Manufacturing overhead 46,800 1.20Selling and administrative expenses 21,000 0.40Total expenses$ 67,800 $ 24.70The direct materials in the flexible budget for October would be closest to:
A. $77,708 B. $79,310 C. $78,540 D. $79,239
Which of the following entries properly closes a temporary account?
A. Income Summary 20,000 Service Revenue 20,000 B. Dividends 200 Retained Earnings 200 C. Accumulated Depreciation 1,600 Income Summary 1,600 D. Income Summary 400 Salaries Expense 400