The following information relates to the capital structure of Quantico Corp.:
During 2014 Quantico paid $90,000 in dividends on the preferred stock.Quantico's net income for 2014 was $1,960,000 and the income tax rate was 40 percent.For the year ended December 31,2014,the diluted earnings per share is
Definitions:
Direct Close
An explicit type of closing wherein the salesperson asks the customer for a decision in a straight-forward, candid manner.
Sales Negotiations
The process of discussions between the buyer and seller aimed at reaching a mutually beneficial agreement on terms.
Cost and Quality
The relationship between the expense of a product or service and its level of excellence or worth, often a key consideration in consumer purchasing decisions.
Minor-Points Close
A close in which the salesperson asks the prospect to make a low-risk decision on a minor element of a product.
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