One of the Specific Tasks of the Sales Person Is

question 26

True/False

One of the specific tasks of the sales person is "servicing" the account. The definition of "servicing" is "providing various services to the customers-consulting on problems, rendering technical assistance, arranging financing and expediting delivery"

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Definitions:

After Tax

Pertains to the amount of money left over or the value of transactions after all applicable taxes have been subtracted.

Perpetuity Rate of Return

The rate at which an infinite series of cash flows, received indefinitely, is discounted to equate its present value.

Stated Dividend

The amount of dividend that a company declares to be paid out to its shareholders, usually expressed as a fixed amount per share.

Cost of Capital

The yield a corporation needs to generate on its investments in order to preserve its market value and draw in financing.