Mullineaux Corporation has a target capital structure of 60 percent common stock, 5 percent preferred stock, and 35 percent debt. Its cost of equity is 12 percent, the cost of preferred stock is 5 percent, and the pretax cost of debt is 7 percent. The relevant tax rate is 35 percent.
a. What is Mullineaux's WACC?
b. The companies president has approached you about Mullineaux's capital structure. He wants to know why the company doesn't use more preferred stock financing because it costs less than debt. What would you tell the president?

Answers

Answer 1

Answer:

a. Mullineaux's WACC = 0.60*12 + 0.05*5 + 0.35*7*(1 - 0.35)

WACC = 7.2 + 0.25 + 0.35*7*0.65

WACC = 7.2 + 0.25 + 1.5925

WACC = 9.0425%

WACC = 9.04%

b. After tax cost of debt = 7*(1 - 0.35)

After tax cost of debt = 7*0.65

After tax cost of debt = 4.55%

So since after tax cost of debt of 4.55% is less than the preferred cost of 5%, company should use debt in its capital structure.


Related Questions

If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?

Select one:
a. $8.5 trillion
b. $4.68 billion
c. $4.68 trillion
d. $5.68 billion

= 4.68 billion​

Answers

Answer:

c. $4.68 trillion

Explanation:

Narrow money refers to the physical money coins and notes within an economy. It is a way of measuring the money that is available for immediate spending in the economy.

The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.

If the velocity of money is 3, narrow money circulates three times,  meaning the value of GDP will be the velocity of money multiplied by narrow money

=3 x 1.56 billion

=4.68 billion

Suppose Kim purchases a new personal computer produced in China for $1,900. What is the effect on the components of GDP and GDP as a whole?
Instructions: If there is no impact on that component enter a O for $0. If there is a positive contribution to the component enter in a the whole dollar amount. If there is a negative contribution to the component enter a negative sign before the dollar amount. Be sure all boxes include a number.
Consumption _____$
Investment _______ $
Government Expenditures ________$
Net Exports _____ $
Change in GDP as a result of the transaction __________ $

Answers

Answer:

Consumption $ 1900

Investment 0

Government Expenditures 0

Net Exports -$ 1900

Change in GDP as a result of the transaction 0

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

The purchase of the laptop is part of durable consumption. So, consumption increases by $1900

The purchase of the laptop is not by a business or by the government. Investment and government expenditure remains unchanged.

The purchase of the laptop from China constitutes an import activity. Import  increases. But import is a negative function of import, so net export decreases.

Total change in GDP = $1900 + 0 + 0 - $1900 = 0

what did andy davis do to change eddies behaviour?

Answers

Answer:

The Manager Andy Davis worked hard to improve Eddie's behavior and skills by implanting commitment in improving Eddie through team-based efforts.

Explanation:

. Based on the Empirical Rule, what percent of the observations will lie between plus or minus two standard deviations from the mean?

Answers

Answer:

Empirical Rule or 68-95-99.7% Rule

Approximately 95% of the data fall within two standard deviations of the mean.

Beth, a recent college graduate, recognizes that she has lots of nice "stuff," largely thanks to her family buying it for her. Beth also recognizes that she has a lot of debt, thanks to her student loans. When Beth considers the difference between the monetary value of her possessions and other financial assets and her debt, she is best described as pondering her:______

a. income.
b. class position.
c. prestige.
d. wealth

Answers

Answer:

D

Explanation:

Wealth is the value of all the assets a person owns

Beth is pondering on the value of all her assets less her debt. So, she is pondering on her wealth

An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of two emails per hour. Assume the arrival of these emails is approximated by the Poisson distribution.
a. What is the probability Linda Lahey, company president, received exactly 1 email between 4 P.M. and 5 P.M. yesterday?
b. What is the probability she received 5 or more emails during the same period?
c. What is the probability she did not receive any emails during the period?

Answers

Answer:

0.2706 ; 0.05265 ; 0.1353

Explanation:

Given that :

λ = 2

According to the poisson distribution formula :

P(x = x) = (λ^x * e^-λ) / x!

P(x = 1) = (2^1 *e^-2) / 1!

P(x = 1) = (2 * 0.1353352) = 0.2706

P(x ≥ 5) = 1 - P(x < 5)

1 - P(x < 5) = 1 - [p(x = 0) + p(x = 1) + p(x = 2) + p(x = 3) + p(x = 4)]

We obtain and add the individual probabilities. To save computation time, we can use a poisson distribution calculator :

1 - P(x < 5) = 1 - (0.13534+0.27067+0.27067+0.18045+0.09022)

1 - P(x < 5) = 1 - 0.94735 = 0.05265

P(x ≥ 5) = 1 - P(x < 5) = 0.05265

Probability that no emails was received :

x = 0

P(x = 0) = (2^0 *e^-2) / 0!

P(x = 0) = (1 * 0.1353352) / 1 = 0.1353

What is the Total expected equity financing for Amazon’s purchase of Walmart, at the assumed 50-50% equity and debt financing deal mix provided

Answers

Answer:

The correct solution is "$241,356".

Explanation:

The given values are:

Share price,

P0 = 140.50

Acquisition premium,

p = 20%

Diluted shares outstanding,

N = 2,863 MM

Now,

For Amazon, the purchase price every share will be:

⇒ [tex]P=P0\times (1 + p)[/tex]

On putting the values, we get

⇒     [tex]=140.50\times (1 + 20 \ percent)[/tex]

⇒     [tex]=168.60[/tex]

The purchase consideration will be:

= [tex]P\times N[/tex]

= [tex]168.60\times 2,863[/tex]

= [tex]482,702 \ MM[/tex]

So that,

The total equity financing expected will be:

= [tex]Purchase \ consideration\times Percentage \ of \ equity \ financing[/tex]

= [tex]482,702\times 50 \ percent[/tex]

= [tex]241,351 \ MM[/tex] ($)

Thus the above is the correct answer.

Sid Summitt is the stockholder and operator of Our Idol LLC, a motivational consulting business. At the end of its accounting period, December 31, 2017, Our Idol has assets of $502,000 and liabilities of $120,000. Using the accounting equation, determine the following amounts:______.
a. Stockholders' equity as of December 31, 2017.
$
b. Stockholders' equity as of December 31, 2018, assuming that assets decreased by $117,000 and liabilities decreased by $36,000 during 2018.
$

Answers

Answer:

a. Stockholder's equity as of December 31,2017 = Assets - Liabilities

= $502,000 - $120,000

= $382,000

b. Stockholder's equity as of December 31,2018 = $382,000-($117000 - $36000) = $229,000

Which of the following provides a statistical representation of survey data?
O diagram
O table
O graph
O chart

Answers

Answer:

it is diagram

Explanation:

The answer is:

table

(Trust me)

On June 1 of the current year, Chad Wilson established a business to manage rental property. He completed the following transactions during June:

a. Opened a business bank account with a deposit of $30,000 from personal funds.
b. Purchased office supplies on account, $1,800.
c. Received cash from fees earned for managing rental property, $10,000.
d. Paid rent on office and equipment for the month, $4,500.
e. Paid creditors on account, $1,250.
f. Billed customers for fees earned for managing rental property, $16,800.
g. Paid automobile expenses (including rental charges) for the month, $750, and miscellaneous expenses, $980.
h. Paid office salaries, $4,000.
i. Determined that the cost of supplies on hand was $680; therefore, the cost of supplies used was $1,120.
j. Withdrew cash for personal use, $7,500.

Required:
Indicate the effect of each transaction and the balances after each transaction.

Answers

Answer:

a.

Assets = Increase $30,000

Liability = No effect

Equity = Increase $30,000

Balances : Cash = $30,000 , Capital = $30,000

b.

Assets = Increase $1,800

Liability = Increase $1,800

Equity = No effect

Balances : Office Supplies $1,800, Trade Payables $1,800

c.

Assets = Increase $10,000

Liability = No effect

Equity = Increase $10,000

Balances : Cash = $40,000, Revenue Earned $10,000

d.

Assets = Decrease $4,500

Liability = No effect

Equity = Decrease $4,500

Balances : Rent Expense $4,500, Cash $35,000

e.

Assets = Decrease $1,250

Liability = Decrease $1,250

Equity = No effect

Balances : Trade Payables $550, Cash $33,750

f.

Assets = Increase $16,800

Liability = No effect

Equity = Increase $16,800

Balances : Revenue Earned $26,800 , Trade Receivables $16,800

g.

Assets = Decrease $1,730

Liability = No effect

Equity = Decrease $1,730

Balances : Automobile expenses $750 , Miscellaneous expenses $980, cash $33,000

h.

Assets = Decrease $4,000

Liability = No effect

Equity = Decrease $4,000

Balances : Office salaries $4,000, cash $29,000

i.

Assets = Decrease $1,120

Liability = No effect

Equity = Decrease $1,120

Balances : Office Supplies $680, Supplies expenses $1,120

j.

Assets = Decrease $7,500

Liability = No effect

Equity = Decrease $7,500

Balances : Cash $21,500, Drawings $7,500

Explanation:

When required to give the effect of transactions, always remember the Accounting Equation : Assets = Equity + Liability

Transactions will affect one or more elements of the this equation. Here is a simple approach to arrive at the effects :

Step 1  : The initial step is to identify the Accounts affected.

Step 2 : Classify the Accounts as either Assets, Liabilities or Equity (Capital and Profit)

Step 3 : Give the Effect (Increase, Decrease or No Effect) on the Elements of the equation.

While managing political
behaviours
in organization, the manager
requires discouraging:
Select one:
a. Dialogue
b. Negotiation
c. Relationships
d. Self interest

= Self interest

Answers

Answer:

You are right it is D

Explanation:

Having Self Intrest will cause selfishnes while doing political things.

The job satisfaction of an employee
is depending on the
Select one:
a. Behaviour
b. Attitude
c. Employer
d. Personality

= Attitude ​

Answers

Answer:

Job satisfaction depends on several different factors such as satisfaction with pay, promotion opportunities, fringe benefits, job security, relationship with co-workers and supervisors, etc. ... Factors affecting the level of job satisfaction are; Working Environment.

ATTITUDE

Job satisfaction and also organizational responsibility are two key attitudes that are considered applicable to important outcomes. The Correct option is 'B'.

What is Job Satisfaction?

Job Satisfaction is the essential segment of employee motivation and motivation towards more satisfactory interpretation.

Many people have determined job satisfaction and memorialized that most employees have issues with their leader who is not presenting them the consideration they deserve.

Supervisors also conduct harsh behaviors toward workers due to which they are not satisfied sharing good and creative ideas with their leaders.

Job satisfaction relies on several different elements such as satisfaction with pay, fringe benefits, promotion opportunities, relationship with co-workers job security, supervisors, etc.

Elements affecting the status of job satisfaction are; Working Environment.

Therefore, The correct option is 'B' ATTITUDE.

Find more information about Job Satisfaction here:

https://brainly.com/question/3292050

This question examines the market for mangos. You will use a demand function to construct the demand schedule, calculate the price elasticity of demand at different points along a linear demand curve, and identify the likely effects of price changes on total revenue.
Below, you are provided with the demand function for mangos. If you plug any price into the formula for the demand function, you get the quantity demanded at that price.
Q = 150 – 25P
Task 1. Use the table below to find the quantity of mangos demanded at each price.
Price Quantity of Mangos Demanded
$1
2
3
4
5
Task 2. Calculate the price elasticity of demand when the price falls from $5 to $4.
Task 3. When the price of a mango falls from $5 to $4, does total revenue fall or rise? How do you know?
Task 4. When the price of a mango falls from $3 to $2, does total revenue fall or rise?

Answers

Answer:

Task 1. Use the table below to find the quantity of mangos demanded at each price.

For a price of $1, the quantity demanded of mangos is:

Q = 150 - 25 ($1)

Q = 125

For $2:

Q = 150 - 25 ($2)

Q = 150 - 50

Q = 100

For $3

Q = 150 - 25 ($3)

Q = 150 - 75

Q = 75

For $4

Q = 150 - 25 ($4)

Q = 150 - 100

Q = 50

For $5

Q = 150 - 25 ($5)

Q = 150 - 125

Q = 25

Task 2. Calculate the price elasticity of demand when the price falls from $5 to $4.

The formula is

Price Elasiticy of Demand (PED) = ((Q2 - Q1) / (Q2 + Q1) / 2 ) / ((P2 - P1) / ((P2 + P1) / 2)

Now, we plug the amounts into the formula

PED = ((50 - 25) / (50 + 25) / 2) / ((4 - 5) / (4 + 5) / 2)

PED = 0.1666 / -0.0556

PED = -3

We take the absolute value, 3, which is a PED higher than 1, meaning that demand is elastic: the quantity demanded in this case increased more than the price.

Task 3. When the price of a mango falls from $5 to $4, does total revenue fall or rise? How do you know?

Revenue = Price x Quantity

Under the first scenario, revenue = $5 x 25 = $125

Under the second scenario, revenue = $4 x 50 = $200

So revenue increased by $75.

Task 4. When the price of a mango falls from $3 to $2, does total revenue fall or rise?

First scenario = $3 x 75 = $225

Second scenario = $2 x 100 = 200

So revenue actually falls by $25.

Imagine working at the Trading Desk at the New York Fed. Explain whether you would conduct open market purchases or sales in response to each of the following events. Justify your recommendation.
a. The latest FOMC Directive calls for an increase in the target value of the federal funds rate.
b. For a reason unrelated to monetary policy, the Fed’s Board of Governors has decided to raise the differential between the discount rate and the federal funds rate. Nevertheless, the FOMC Directive calls for maintaining the present federal funds rate target.

Answers

Answer:

a. In this case, its goes for open market sales operations, This is because to increase the value of federal funds, the Fed has to reduce the money supply

b. In this case, its goes for open market purchase operation. This is because an increase in the differential between the discount rate and federal funds rate would encourage the depositary institutions to borrow money from Fed, thereby increasing the supply of money

Warner Clothing is considering the introduction of a new baseball cap for sales by local vendors. The company has collected the following price and cost characteristics.

Sales price $15 per unit
Variable costs 5 per unit
Fixed costs 50,000 per month

Required:
a. What number must Warner sell per month to break even?
b. What number must Warner sell per month to make an operating profit of $34,000 and $8,400. Assume that the company plans to sell 9,000 units per month. Consider requirements (b), (c), and (d) independently of each other.
c. What will be the operating profit?
d. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent?

Answers

Answer:

a. 5,000 units

b. 8,400 units and 5,840 units

c. $40,000

d. decrease of operating profit by 22.50 % and increase of operating profit by 45.00%

Explanation:

Breakeven point is level at which a firm makes neither profit nor loss

Break even units = Fixed Costs ÷ Contribution per unit

Break even units = 5,000 units

Units to achieve target profit = Target Profit + Fixed Costs ÷ Contribution per unit

Units to achieve profit of $34,000 = 8,400 units

Units to achieve profit of $8,400 = 5,840 units

Operating Profit = Contribution - Fixed Costs

                           = $40,000

The effect on change of operating profit  can be best shown by calculation of the Degree of Operating Leverage (DOL)

DOL = Contribution ÷ Profit

        = 2.25

Sales decreases of 10 percent = decrease of operating profit by 22.50 % (10 % × 2.25)

Sales Increases of 20 percent = increase of operating profit by 45.00%  (20%× 2.25)

Compute 2018 taxable income in each of the following independent situations.
a. Drew and Meg, ages 40 and 41, respectively, are married and file a joint return. In addition to four dependent children, they have AGI of $125,000 and itemized deductions of $27,000.
b. Sybil, age 40, is single and supports her dependent parents, who live with her. Sybil also supports her grandfather, who lives in a nursing home. She has AGI of $80,000 and itemized deductions of $8,000.
c. Scott, age 49, is a surviving spouse. His household includes two unmarried stepsons who qualify as his dependents. He has AGI of $75,000 and itemized deductions of $10,100.
d. Amelia, age 33, is an abandoned spouse and maintains a household for her three dependent children. She has AGI of $58,000 and itemized deductions of $10,650.
e. Dale, age 42, is divorced but maintains the home in which he and his daughter, Jill, live. Jill is single and qualifies as Dale’s dependent. Dale has AGI of $64,000 and itemized deductions of $9,900.

Answers

Answer:

a. Drew and Meg are married and filing a married joint return. The standard deduction of a married joint return is $24,400 but it is lower

AGI                                       $125,000

Less: Itemized deduction   $27,000

Taxable income                  $98,000

b. Sybil's filing status is head of household. The Standard deduction for head of household is $18,000 in 2018 which is higher than itemized deductions of $8,000.

AGI                                       $80,000

Less: Itemized deduction   $18,000

Taxable income                  $62,000

c. Scott is a surviving spouse. The standard deduction will be equal to that of married filling joint return which is $24,400

AGI                                       $75,000

Less: Itemized deduction   $24,400

Taxable income                  $50,600

d. Amelia is an abandoned spouse. She can file as head of household. The standard deduction for the year 2018 is $18,000 which is higher than  itemized deductions of $10,650.

AGI                                       $58,000

Less: Itemized deduction   $18,000

Taxable income                  $40,000

e. Dale is divorced and filing status is head of household. The standard deduction for the year 2018 is $18,000 which is higher than  itemized deductions of $9,900

AGI                                       $64,000

Less: Itemized deduction   $18,000

Taxable income                  $46,000

Most of the assets were bought a long
time ago and would worth much more
than the books show today.

What is the accounting principle?

Answers

Answer:

Historical cost principle

Explanation:

Assets must be recorded at cost value, not market value. When you record an asset, you cannot change its value every period, you have to keep using the historical value. This is why we use a separate account to record accumulated depreciation of assets, so that the purchase cost is always constant, but the net carrying value will vary depending on depreciation expense.

Market value changes and can be very volatile. Imagine a house, whose initial value was $300,000, then it increased to $500,000 but the market went down and its value was $350,000. It would be a mess to change the value and pay capital gains taxes, or then report a loss.

Pierce Which of the following statements is therefore necessarily true for Pierce? has a concave utility of wealth function, u(x). Pierce prefers prospect X to prospect Y.
a. CE(X) > CE(Y).
b. U(EV(X)) > U(EV(Y))
c. EU(X) < EU(Y)
d. Y is a mean preserving spread of X.

Answers

Answer:

A)  CE(X) > CE(Y) is the correct answer.

Explanation:

Solution:

Correct Answer is A) CE(X) > CE(Y)

Because:

1. First of all, we are given that Pierce has a concave utility of wealth function u(x) which means Pierce is a kind of person who does not prefer taking risk.

2. Secondly, we are given that he prefers prospect X to Prospect Y.

3. Thirdly, Pierce will always make sure that Certainty Equivalent should be higher than others as Pierce does not want to take risks.

4. Lastly, he prefers X to Y so, he will make sure CE(X) must be greater than CE(Y) .

Hence,

A)  CE(X) > CE(Y) is the correct answer.

At December 31, Hawke Company reports the following results for its calendar year. Cash sales $ 2,135,390 Credit sales $ 2,890,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable $ 875,670 debit Allowance for doubtful accounts $ 13,680 debit Problem 9-2A Part 1 Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption. Bad debts are estimated to be 4% of credit sales. Bad debts are estimated to be 3% of total sales. An aging analysis estimates that 7% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31). (Do not round intermediate calculations.)

Answers

Answer:

   

Adjusting entries (all dated December 31)

   

D Loss for uncollectible accounts 74,977  

C Allowance for doubt accounts                        13,680  

C Account receivable                                     61,297  

   

D Expense Allowance for doubt accounts (credit sales) 115,600  

D Expense Allowance for doubt accounts (total sales) 150,762  

C                Allowance for doubt accounts                               266,362  

Explanation:

   

Cash sales 2135390  

Credit sales 2890000 61,297 2,828,703

   

Sales 5025390  

   

Account receivable               875,670  

Allowance for doubt accounts  13,680  

   

Bad debts ( Credit Sales) 4% 115,600  

Bad debts ( Total Sales) 3% 150,762  

Uncollectible                           7%   61,297  

   

Loss for uncollectible accounts 74,977  

Allowance for doubt accounts              13,680  

Account receivable                       61,297  

   

Expense Allowance  doubt accounts (credit sales) 115,600  

Expense Allowance doubt accounts (total sales)  150,762  

Allowance for doubt accounts                                         266,362  

On Monday, all company employees report being unable to connect to the corporate wireless network, which uses 802.1x with PEAP. A technician verifies that no configuration changes were made to the wireless network and its supporting infrastructure, and that there are no outages.
Which of the following is the MOST likely cause for this issue?
A. Too many incorrect authentication attempts have caused users to be temporarily disabled.
B. The DNS server is overwhelmed with connections and is unable to respond to queries.
C. The company IDS detected a wireless attack and disabled the wireless network.
D. The Remote Authentication Dial-In User Service server certificate has expired.

Answers

Answer:

D. The Remote Authentication Dial-In User Service server certificate has expired.

Explanation:

In the case when the employees report that the internet is not connected to the network also the technician verifies that there is no configuration changes made for the same so the most likely cause would be that the remote authentication i.e. the certificate of the dial in user server would have been expired

Therefore as per the given scenario, the last option is right

At December 31, 2021, Hull-Meyers Corp had the following onvestments that were purchased during 2021, its first year of operations​

Answers

At December 31, 2021, Hull-Meyers Corp. had the following investments that were purchased during 2021, its first year of operations: Amortized cost Fair Value Trading Securities: Security A Security B 954,000 940,000 145,000 139,200 $1,085,000 $1,093,200 Totals Securities Available-for-Sale: 816,000 956,600 Security C Security D $ 740,000 940,000 $1,772,600 Totals $1,680,000 Securities to Be Held-to- Maturity: Security E Security F $ 530,000 655,000 $ 540,800 649,200 $1,185,000 $1,190,000 Totals No investments were sold during 2021. All securities except Security D and Security F are considered short-term investments. None of the fair value changes is considered permanent. Required: Complete the following table. (Amounts to be deducted should be indicated with a minus sign.) Reported on Balance Sheet Unrealized gain (loss) included in: as: Other Comprehensive Comprehensive Income (OCI) Total Noncurrent Net Income Current assets (/S) assets Income Trading Securities Security A 0 Security B Securities Available-for-Sale 0 Security C $ 0 Security D $ 0 Securities to be Held-to-Maturity Security E $ 0 Security F $ 0 0$ $ $ 0 0 Totals

Why are institutions the key to economic growth?
Fill in the blanks to complete the passage about the key difference between Nogales, Arizona, and neighboring Nogales in the Mexican state of Sonora.
Drog word(s) below to fill in the blankfs) in the passage.
two cities are in the same location and have similar _______ and geography, but the U.S. city has a _____ level of education, ______ infant mortality, and better roads. The key difference is ______ that promote security of people and property on the one side but not the other.
weather lower institutions higher economies

Answers

Answer:

Weather, Higher, Lower, Institutions

Explanation:

The two cities are in the same location and have similar weather and geography, but the US city has a higher level of education, lower infant mortality and better roads. The key difference is institutions that promote security of people and property.

The following equation shows the transactions of Cotton Cleaning Service during May. The business is owned by Taylor Cotton.

Answers

Answer:

Cool

Explanation:

Which of the following describes the value of a product?
- the amount of money that consumers are willing to pay for the product
- the time and materials that it costs a manufacturer to make the product
- the difference between the cost of making the product and what consumers pay for the product
- the sum of the total cost of making the product and what consumers pay for the product​

Answers

Answer:

- the amount of money that consumers are willing to pay for the product

Explanation:

A product's value can be described as the satisfaction it gives to consumers. A product's value is the benefit it generates to the final consumer. Customers are always willing to pay more for a product that offers higher benefits.  The demand for goods and services that offer less satisfaction to customers is always low, which makes them have low market prices.

The value of a product can be expressed as the amount of money that customers are willing to pay to obtain it.

CHECKPOINT QUESTION
Which of the following statements about gossip in the organization is TRUE?
Only small amounts of information are carried on the grapevine of workplace
gossip.
Employees rely on each other for important information more than they rely on
their bosses.
Managers are excluded from using the grapevine to communicate or respond to
messages.
The grapevine can be used to prevent individual agendas and potential
miscommunications.

Answers

Answer:

Only small amounts of information are carried on the grapevine of workplace

gossip.

Explanation:

Grapevine is referred to as the circulation of unofficial information and rumors. Most of the communications in an organization is carried out through grapevine. It is informal communication of messages and information and also gossips in an organization. The grapevine communications carries more of accurate information than gossips. Only a small portion of the information consists of gossips in the functional grapevine.

Why is it important for the business owner to
understand the market they are selling to?

Answers

Answer:

So they can advertise to the correct demographic

Explanation:

When a firm shifts from transactional selling to a value-added and relationship approach, a number of changes have to take place in the way a salesperson approaches customer as well as his or her own job. List as many of these changes as you can and explain why each is important to making value-added selling work. Minimus words 100 and please provide source of information

Answers

Answer:

When a firm shifts from transactional to value-added and relationship approach of selling the following changes takes place in the way the salesperson approaches he customer and their job:

Whilst the objective the transactional approach is to make a sale, the relational approach is to build trust. When a customer trusts their sales person, it means they hold the sales person to put their interests first or at least take care of their interests whilst taking care of their too. The relational approach is more focused on retaining existing customers than making new ones. This is the obverse of a transactional relationship. It is said that it costs about 5 times extra to get a new client than what it takes to keep one. Thus the smart company focuses on honing this skill until they are better off for it. in a transactional approach, the nature of the relationship is relatively short, whilst it is stronger and longer in a relational approach. A Relational approach to selling can sometimes occur in the grey line between personal and official relationships.In a relationship-based approach to selling, the firm focuses on adding value in the primary areas of concern for the client as well as other areas. For example, a client - the CEO of a start-up requires recruitment, onboarding, and standard operating procedure as services from a HR firm. As a relational HR person, the best way to proceed would be to give him exactly what he wants and stil go ahead to add more value in other areas by giving templates of letter of appointment to the client.

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If you were given the task of totalling all the M1 money in circulation in the US, which of the following would you include in your calculations?

a. Demand deposits and other checking accounts
b. Currency
c. Savings accounts

Answers

Answer:

A

B

Explanation:

M1 is the most liquid definition of money. M1 includes currency and coin, demand deposits, travellers' checks, other checkable deposits

Savings account is part of M2

Discuss three typical categories of performance measurement that are commonly used for evaluation in the scorecard.

Answers

Answer:

The four dimensions of performance that are considered in a balanced scorecard are financial, customer, internal process, and learning and growth.A balanced scorecard will include qualitative and quantitative measures.Stakeholders cannot include stockholders.

Explanation:

hope it helpss!!

what are the similarities between the scientific theory and the human relations theory and bureaucratic theory

Answers

The scientific theory is based on using data and human strengths which create an increase output, but the Bureaucratic management style focuses on hierarchies and tighter job roles.
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