Belmont, Inc

question 81

Multiple Choice

Belmont, Inc., has annual sales of $3.2 million and a gross profit margin of 65%. The operating expenses are $478,000 and depreciation is $150,900. Interest expense is $60,000 and the tax rate is 21%. What is the net income?

• A)$258,660
• B)$834,660
• C)$927,980
• D)$1,098,969
• E)$1,385,000

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Definitions:

Sales Presentation

A formal talk or demonstration designed to showcase a product's benefits to potential buyers, aiming to encourage a purchase.

Sales Presentation Mix

The key communication elements used by the salesperson in the presentation.

Proof Statements

Statements that substantiate claims made by the salesperson.

Visuals

Illustrative material that aids a prospect in increasing memory retention of a presentation.