X-Beams Inc

question 81

Multiple Choice

X-Beams Inc. owned 70% of the voting common stock of Kent Corp. During 2011, Kent made several sales of inventory to X-Beams. The total selling price was $180,000 and the cost was $100,000. At the end of the year, 20% of the goods were still in X-Beams' inventory. Kent's reported net income was $300,000. What was the non-controlling interest in Kent's net income?

• A) $90,000.
• B) $85,200.
• C) $54,000.
• D) $94,800.
• E) $86,640.

Understand the various types of CRM applications and their functionalities.

Describe how CRM systems enhance business intelligence through customer behavior analysis.

Differentiate between on-premise and hosted CRM systems.

Comprehend the role and objectives of distribution portals in business processes.

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Definitions:

Landscapers

Professionals who plan and execute the design of outdoor spaces, including gardens, parks, and residential or commercial properties.

Fire-Retardant

A substance that is applied to material or integrated into it to decrease the flammability and resist the spread of fire.

Curiosity Approach

A sales technique aimed at sparking the prospect's interest or curiosity about a product or service to engage them further in the sales conversation.

Question Approaches

Techniques used in sales and negotiations that involve asking questions to better understand customer needs, build rapport, and guide conversations.