Kitchel told Parker that he needed a couple of weeks to think about his proposal. How should Parker handle this

Answers

Answer 1

Answer: Parker should close the deal quickly

Explanation:

Giving Kitchel so much time to go over the proposal is not ideal because in that time events could happen that would ensure Kitchel stayed with their current supplier such as the current supplier finding out and offering better terms thereby enticing Kitchel to stay.

It is imperative therefore that Parker close the deal as quickly as possible. He can do this by offering time conscious incentives that require that Kitchel order fast, he could even go meet Kitchel in person and press his claim and even hit hard at the weakness of Richmond's current supplier by stating that he would deliver things ahead of schedule.


Related Questions

The year-end financial statements of Rally Company for the current year, report total revenues of $19,829 million, accounts receivable of $1,272 million at the current year-end, and $1,19 million for the prior year-end. The company's accounts receivable turnover for the year is:_______.
a. 18.3 times.
b. 18.9 times.
c. 19.5 times.
d. 20.0 times.
e. none of these are correct.

Answers

Answer:

16.1 times

Explanation:

Calculation for the company's accounts receivable turnover for the year

Using this formula

Accounts Recievable Turnover = Total Revenues/Average accounts receivables

Let plug in the formula

Accounts Receivable Turnover = $19,829/[($1,272+$1,198)/2]

Accounts Receivable Turnover =$19,829/$1,235

Accounts Receivable Turnover = 16.1 times

Therefore The company's accounts receivable turnover for the year is: 16.1 times

How can parties that have unequal bargaining power negotiate meaningfully,
without one party taking advantage of the other?

Answers

Answer:

Through Collaborative bargaining

Explanation:

Parties that have an unequal bargaining power can negotiate meaningfully, without one party taking advantage of the other through the method known as collaborative bargaining. In collaborative bargaining, both the involved parties listen to each other’s claims and issues and then collaborate to come to a consensus. There is transparency in the overall bargaining process and hence there is very less probability that one party is taking advantage of the other party.

International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called

A. commission house brokers

B. exporting trade companies

C. business trade unions

D. domestic channel companies

Answers

Answer: B. exporting trade companies

Explanation:

Trade unions are the organisations that are out in place so as to protect the interest of workers. They negotiate for better wages and salaries, provide job security, and seek better working conditions for their workers.

Export trading company is simply referred to as an independent company that helps in the provision of support services to the companies that are involved in the exportation of goods and services.

Commission house brokers is simply an individual who helps in representing people who have properties.

Therefore, the answer is exporting trade companies.

Southeast Airline had retained earnings of $1.5 million, sales of $5 million and net income of $0.5 million this year. It also paid dividends of $0.2 million this year. If the sales is projected to increase by 20% next year, what is the projected retained earnings for next year?

Answers

Answer:

$1.86 million

Explanation:

Given the above data, we can calculate the retained earning for next year to be;

Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends

= $1.8 million

The manager of Lawn and Garden Services would like to estimate the proportion of her employees' time spent performing various gardening and lawn care activities. She has made 400 random observations of a typical worker, with the following results:
Activity Time Observed
Mowing 200
Trimming 80
Raking 40
Miscellaneous 80
What is the probability that the true proportion of time spent mowing is exactly equal to the sample proportion?
a) 1
b) 0
c) .5
d) .2
e) 1

Answers

Answer:

b) 0

Explanation:

In this case, the manager observed that a worker spent 50% of his/her time mowing the garden, but in case this is correct, it would only apply to this worker. She would need to collect data and analyze it from a much larger sample which includes other workers in order to determine if this proportion applies to whole group. You cannot infer a conclusion based on a limited amount of data collected from just one subject. The methodology is incorrect.

When Patricia sells her Apple stock at the same time that Brian purchases the same amount of Apple stock, Apple receives:_____________.
a. nothing.
b. only the market value of the common stock.
c. the dollar value of the transaction.
d. the dollar amount of the transaction, less brokerage fees.

Answers

Answer:

When Patricia sells her Apple stock at the same time that Brian purchases the same amount of Apple stock, Apple receives:_____________.

a. nothing.

Explanation:

The activities of investors on the Stock Exchange market do not affect the corporation, whose stocks are being traded.  The corporation does not get any money nor does it incur any cost.  Patricia may get a capital gain from the sale and not the corporation.  When Brian purchases Apple stock it is purchased from another investor and not directly from the corporation unless it is an initial public offer.

The following information is available for Silver Company for the three months ended March 31, 2019:

Merchandise inventory, January 1,
2013 $900,000
Purchases 34,00,000
Freight-in 2,00,000
Sales 48,00,000

The gross margin recorded was 25% of sales. What should be the merchandise inventory at March 31, 2019?

a. $700,000
b. $1,125,000
c. $900,000
d. $1,200,000

Answers

Answer:

c. $900,000

Explanation:

The ending inventory is calculated as;

Beginning inventory

$900,000

Add: Purchases

$3,400,000

Add: Freight in

$200,000

Total purchase Balance

$3,600,000

Cost of goods available

$4,500,000

Less: Cost of (goods estimated)

($3,600,000)

Ending inventory

$900,000

Therefore, the merchandise inventory at March 31, 2019 is $900,000

The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $ 11,400 12 % Quarterly Elaine 14,400 6 Semiannually George 21,400 8 Annually Kramer 17,400 10 Annually Required: 1-a. Calculate the future value at the end of five years

Answers

Answer:

Jerry

$20,589.67

Elaine

$19,352.40

George

$31,443.62

Kramer

$28,022.87

Explanation:

Use following formula to calculate the future value

FV = PV ( 1 + r )^n

Where

PV  = Present value = Investment

FV = Future value = ?

r = interest rate per compounding period

n= numbers of compounding periods

Jerry

PV = $11,400

r = 12% x 3/12 = 3%

n = 5 years x 12/4 = 20 periods

Placing values in the formula

FV = $11,400 x ( 1 + 3% )^20

FV = $20,589.67

Elaine

PV = $14,400

r = 6% x 6/12 = 3%

n = 5 years x 12/6 = 10 periods

Placing values in the formula

FV = $14,400 x ( 1 + 3% )^10

FV = $19,352.40

George

PV = $21,400

r = 8%

n = 5 years

Placing values in the formula

FV = $21,400 x ( 1 + 8% )^5

FV = $31,443.62

Kramer

17,400 10 Annually

PV = $17,400

r = 10%

n = 5 years

Placing values in the formula

FV = $17,400 x ( 1 + 10% )^5

FV = $28,022.87

The future values of the investments are computed as follows:

              Invested Amount   Interest Rate    Compounding    Future Value

Jerry               $ 11,400             12%                Quarterly            $20,589.67

Elaine               14,400               6%                Semiannually     $19,352.40

George            21,400               8%                Annually             $31,443.62

Kramer             17,400             10%                 Annually            $28,022.87

Data and Calculations:

Jerry:

N (# of periods) = 20 (5 x 4)

I/Y (Interest per year) = 12%

PV (Present Value) = $11,400

PMT (Periodic Payment) = 0

Results

Future Value = $20,589.67

Total Interest $9,189.6

Elaine:

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 6%

PV (Present Value) = $14,400

PMT (Periodic Payment) = 0

 

Results

Future Value = $19,352.40

Total Interest = $4,952.40

George:

N (# of periods) = 5 years

I/Y (Interest per year) = 8%

PV (Present Value) = $21,400

PMT (Periodic Payment) = 0

Results

Future Value = $31,443.62

Total Interest = $10,043.62

Kramer:

N (# of periods) = 5 years

I/Y (Interest per year) = 10%

PV (Present Value) = $17,400

PMT (Periodic Payment) = 0

 

Results

Future Value = $28,022.87

Total Interest = $10,622.87

Learn more: https://brainly.com/question/24703884

According to the video, what is the main purpose of Insurance Underwriters’ work?
to protect insurance companies
to investigate insurance claims
to sell insurance policies
to advise individual investors

Answers

Answer:

A

Explanation:

just did it lol

Answer:

A. to protect insurance companies

Explanation: Just got done on edge

WHAT IS IT?
1.it can be use as thickening agent or as a weak glue
3.a food spread made from dry roasted peanuts

Answers

Answer:

I believe its Peanut Butter.

One of the draw backs of the profitablity index as a criteria for judging whether to accept a capital investment project is that:_______

Answers

Answer:

It might lead to over-optimistic projections

Explanation:

In simple words, the problem with using profitability index as the index criteria lies with the procedure of estimating it. In order to consider the business situation, the organisational finance group requires to settle with the corporation supervisors.

Leadership may be too enthusiastic about their assignment, so forecasts for cash flow may be too substantial. Consequently, in predicting the profitability index, there may be an uptrend prejudice.

Under the provisions of the Investment Advisers Act of 1940, if an adviser takes custody of customer funds or securities, account statements MUST be sent to the customer:

Answers

Answer:

Quarterly

Explanation:

According to the provisions of the Investment Advisers Act of 1940, in the case when an advisor takes the customer custody in term of funds or securities so the account statement must be sent to the customer on the a quarterly basis i.e. four times in a year. Here four times means every three months

therefore as per the given situation, the quarterly is the answer

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