Cabal Products Is a Division of a Major Corporation

question 14

Multiple Choice

Cabal Products is a division of a major corporation. Last year the division had total sales of $10,040,000, net operating income of $582,320, and average operating assets of $4,000,000. The company's minimum required rate of return is 14%.
-The division's turnover is closest to:

• A)2.19
• B)17.24
• C)0.15
• D)2.51

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Definitions:

Interest Stage

A phase in the sales or marketing funnel where potential customers become aware of a product or service and begin to show curiosity or engagement.

Selective Questioning

A technique of asking questions that are strategically chosen to guide a conversation or elicit specific information.

Successful Salesperson

A sales professional who consistently meets or exceeds sales targets through effective selling practices and customer relations.

Probing

The act of gathering information and uncovering customer needs using one or more questions.