Customer is termed as the individual that consumes or uses the goods and services that are availed to them for their satisfaction or need fulfillment. The customers are known as the king of the market that decides the production of the goods and the services.
The correct answer for the blank is b. customer relationship management.
Customer Relationship Management is termed as the process or the activities that manage the company's relationship and communications of the customers with the firm and manage to explore the potential customers or the new customers.
The main aim of CRM is to build and construct good relationships between the customer and the firm. It connects the corporate sector with the customers in order to let them know about their services.
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Lymen International is considering a significant expansion to its product line. The sales force is excited about the opportunities that the new products will bring. The new products are a significant step up in quality above the company’s current offerings, but offer a complementary fit to its existing product line. Fred Riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. Barbara Dyson, the company’s CFO, has provided the following projections based on results with and without the new products.
Without New Products
With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
(a) Compute the company’s return on assets, profit margin, and asset turnover, both with and without the new product line. (Round answers to 0 decimal places, e.g. 2% and asset turnover to 1 decimal place, e.g. 6.2)
Without new products
With new products
Return on assets
International sidering offerings, xut offer compl step up with New Products Sales 2,145.20 Average tel Without new products with now products ej abou: red Riddick, bring. Th producti depart
%
%
Profit margin
%
%
Asset turnover
Answer:
I don't know sorryyyyyjdkd
The computation of the Lymen International Company's return on assets, profit margin, and assets turnover, both with and without the new product line, is as follows:
a) Return on assets = Net Income/Average total assets
Without New Products With New Products
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
= 9% 6%
b) Profit margin = Net Income/ Sales revenue
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
= 4% 5%
c) Asset Turnover = Net Sales / Average Total Assets
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Average total assets $5,282,800 $13,930,400
= 2.3 x 1.2 x
How useful are accounting ratios?The accounting ratios above help investors understand the efficiency, profitability, and effectiveness that companies achieve when compared with previous years or with competitors.
For instance, the assets turnover ratio helps investors understand Lymen International Company's effectiveness in using its assets to generate sales.
Data and Calculations:Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
Total assets = $10,565,600 $2,786,0800
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Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of a book d. a rock concert held in a small auditorium
Answer:
b. a radio broadcast
Explanation:
The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all
Therefore as per the given options, the option b is correct
hence, the other options are incorrect
In location decisions, intangible costs are easier to measure than tangible costs. Group of answer choices True False
In location decisions, intangible costs are not easier to measure than tangible costs. So the given statement in the question is False.
Tangible costs are expenses that can be easily quantified, such as rent, utilities, and labor. In contrast, intangible costs are more challenging to measure because they include factors like quality of life, access to transportation, and environmental considerations. While tangible costs are more straightforward to calculate, intangible costs can have a significant impact on location decisions, particularly for businesses seeking to attract and retain a talented workforce.
In conclusion, while tangible costs are easier to measure in location decisions, intangible costs can play a crucial role in a company's success and should not be overlooked. Understanding the full scope of expenses, both tangible and intangible, is essential for making informed location decisions that will benefit a business in the long term.
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Companies go through different phases to reach product/market fit. These phases are the:
A: idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
B: idea stage, the prototype stage, the launch stage, the traction stage, and the growth stage.
C: the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
D: idea stage, the traction stage, the monetization stage, and the growth stage.
As most companies go through different phases to reach the product/market fit, these phases includes the idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage and the growth stage.
What is the product/market fit?Basically, a Product/market fit refers to the degree to which a product satisfies a strong market demand. It has long been identified as a first step to building a successful venture in which the company meets early adopters, gathers feedback and gauges interest in its product.
In other word, the product-market fit also describes a scenario in which a firm;s target customers are buying, using, and telling others about the company’s product in numbers large enough to sustain that product’s growth and profitability.
In conclusion, Marc Andreesen, who was credited with developing this concept states that a product-market fit means finding a good market with a product capable of satisfying that market.
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Four years ago, sam invested in grath oil. she bought three of its $1,000 par value bonds at a market price of 93.938 and with an annual coupon rate of 6.5%. she also bought 450 shares of grath oil stock at $44.11, which has paid an annual dividend of $3.10 for each of the last ten years. today, grath oil bonds have a market rate of 98.866 and grath oil stock sells for $45.55 per share. use the scenario above to consider which statement best describes the relative risk between investing in stocks and bonds. a. it is equally likely that the company would suspend paying interest on the bonds and dividends on the stock. b. both the coupon rate and the dividend rate are fixed and cannot change. c. the market price of the bonds is more stable than the price of the company's stock. d. the amount of money received annually in interest (on the bonds) and in dividends (on the stocks) depends on the current market prices.
The statement that best describes the relative risk between investing in stocks and bonds is : The market price of the bonds is more stable than the price of the company's stock.
What is a bond?A bond is loan from an investor to a borrower such as a company or government. Here, the borrower uses the money to fund its operations, and the investor receives interest on the investment.
In the above context, the market value of the bonds of Grath Oil is more. The market price of the bond is the amount of the money to be paid in an open market to buy a bond.
Hence, the bond's market price is much more stable than the price of the company's stock. It is riskier to invest in company stocks.
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Which of the following best describes managerial ethics?
Answer: It is the standard of conduct that guides a person's decisions and behavior.
highly cooperative and unassertive people resolve conflict in the mode. group of answer choices a. avoiding b. compromising c. competing d. accommodating e. collaborating
Option D: Highly cooperative and unassertive people tend to utilize the "accommodating" mode of conflict resolution.
Conflict resolution is the process of resolving a dispute or disagreement among two or more parties. The accommodating mode of conflict resolution is characterized by low assertiveness and high cooperativeness.
In the accommodating mode, one party willingly places the other party's interests and needs above their own. This mode is used when an individual is willing to forgo their own interests to maintain harmonious relationships with others.
Therefore, highly cooperative and unassertive people resolve conflict in an accommodating mode.
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A reference value involves a. comparing the costs and benefits of items from one particular manufacturer or distributor. b. products with which a consumer is familiar and items the consumer has not seen or used before.c. items of equal or greater value. d. substitute items.
Complete Question:
A reference value involves comparing the costs and benefits of?
Answer:
d. substitute items.
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
Mathematically, the price elasticity of demand is given by the formula;
\( Price \; elasticity \; of \; demand = \frac {Percentage \; change \; in \; price}{Percentage \; change \; in \; demand} \)
The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.
Generally, consumers would like to be buy a product as its price falls or become inexpensive.
Hence, a reference value involves comparing the costs and benefits of items substitute items.
A substitute item can be defined as a product (item) that a consumer sees as an alternative to another product (item) and as such would offer similar benefits or satisfaction to the consumer.
For substitute products (items), the cross-price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.
25. A sale for which payment will be received at a later date. (p. 18)
Answer:
sale on account
Explanation:
When a sales is made and payment is expected at a future date, a sales on account occurs, e.g.:
January 2, 2020, 5,000 units sold at $10 each to ABC company, credit terms 2/10, n/30. Cost of goods sold is $30,000
Dr Accounts receivable 50,000 (5,000 x 10)
Cr Sales revenue 50,000
Dr Cost of goods sold 30,000
Cr Merchandise inventory 30,000
After the invoice is collected, the journal entry would be:
January 30, 2020, invoice collected from ABC company
Dr Cash 50,000
Cr Accounts receivable 50,000
Match each good with the type of good it represents
What are assets?
a) Items in your belonging.
b) Where you save your money.
c) How old you are.
d) How many years before you retire.
Answer:
items in your belongings
Greg works at a local college and organizes activities for college students to do while living in the dorms. What is Greg’s career?
A.Social Service Assistant
B.Residential Advisor
C.Sociologist
D.Health Counselor
Answer:
B. RA (residential Advisor)
Explanation:
Watch way too much tv lol
Answer:
The answer is B; Residential Advisor
Explanation:
I am taking the test right now, this is the answer I am selecting.
The computer accessories that Javier is making and
selling are bringing in a substantial amount of money
for him. Inspired by this success, he decides to hire two
people and expand his business.
A.international competition
B.consumer sovereignty
C.wealth creation
D.property rights
E.profit motive
Answer:
E. Profit motive
Explanation:
Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.
This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.
Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.
In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Thus, this is an example of profit motive.
make a list of profession and identify their levels
i will send you in messenger
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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select five general types of items that are included in the cpi basket.A. loansB. mortgages/rent C. utilities D. entertainmentE. clothingF. retirement funds G. savings foodH. educationI. taxes
The five general types of items that are included in the Consumer Price Index (CPI) basket are: B) mortgages/rent, C) utilities, D) entertainment, E) clothing, and H) education.
The Consumer Price Index (CPI) is a measure of inflation that tracks the average price changes of a basket of goods and services over time. The items included in the CPI basket represent various categories of household spending. Mortgages/Rent: The cost of housing, including rental payments or mortgage payments, is an important component of the CPI basket. It reflects the changes in housing prices and the cost of living. Utilities: This category includes the cost of essential utilities such as electricity, gas, water, and other services related to household utilities.
Entertainment: The CPI basket also accounts for expenses related to entertainment and recreational activities, such as movie tickets, sporting events, and other leisure expenditures. Clothing: The cost of clothing and footwear is another component of the CPI basket. It captures changes in prices for various types of clothing items, including apparel for adults and children.
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find a false statement on the differences between the apt and the capm. in the apt, no arbitrage condition guarantees that the expected return-beta relationship will hold for all securities. the apt allows violation of the relationship for individual securities. well-diversified portfolios are the key to the apt.
All the given statements are True. The differences between the Arbitrage Pricing Theory (APT) and the Capital Asset Pricing Model (CAPM) are as follows:
No arbitrage condition: The Arbitrage Pricing Theory assumes that no arbitrage opportunity exists in the market, which ensures that the expected return-beta relationship holds for all securities. On the other hand, the CAPM assumes that a single market portfolio exists and that investors hold this portfolio along with a risk-free asset.
Violation of relationship for individual securities: The APT allows for the violation of the expected return-beta relationship for individual securities, while the Capital Asset Pricing Model CAPM assumes that this relationship holds for all securities.
Well-diversified portfolios: Both the APT and the CAPM suggest that well-diversified portfolios are the key to minimizing risk. However, the APT places greater emphasis on diversification, as it assumes that risk is determined by a combination of macroeconomic factors, whereas the CAPM assumes that risk is determined solely by the volatility of the market portfolio.
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find a false statement on the differences between the apt and the capm.
in the apt, no arbitrage condition guarantees that the expected return-beta relationship will hold for all securities.
the apt allows violation of the relationship for individual securities.
well-diversified portfolios are the key to the apt.
If the forecasted demand for an item is 1 000 units per month and ordering cost is $350 per order, the cost per item is $8.00 and carrying cost are 15% of cost items per annum.
What is the EOQ for the product?
The Economic Order Quantity (EOQ) for the product is approximately 837 units.
To calculate the Economic Order Quantity (EOQ) for the product, we can use the following formula:
EOQ = sqrt((2 * D * S) / H)
Where:
D = Annual demand (in units)
S = Ordering cost per order
H = Holding cost per unit per year
Given:
Monthly demand = 1,000 units
Ordering cost = $350 per order
Cost per item = $8.00
Carrying cost = 15% of cost per item per annum
First, let's convert the monthly demand to annual demand:
Annual demand = Monthly demand * 12 = 1,000 units/month * 12 months = 12,000 units
Next, calculate the holding cost per unit per year:
Holding cost = Carrying cost * Cost per item = 0.15 * $8.00 = $1.20
Now, we can substitute the values into the EOQ formula and solve for EOQ:
EOQ = sqrt((2 * 12,000 * $350) / $1.20)
EOQ = sqrt(840,000 / $1.20)
EOQ = sqrt(700,000)
EOQ ≈ 836.66
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The Banking Act of ______ removed the Secretary of the Treasury and the Comptroller of the Currency from the Federal Reserve's governing board.
The Banking Act of 1935 removed the Secretary of the Treasury and the Comptroller of the Currency from the governing board of the Federal Reserve.
What effect did the Banking Act of 1935 have?The Banking Act of 1935 mandated additional changes to the Federal structure, including the establishment of the Federal Open Market Committee (FOMC) as a separate legal entity, the removal of the Treasury Secretary and the Comptroller of the Currency from the Fed's governing board, and the extension of members' terms to 14 years.
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the sales returns and sales allowances accounts are classified as
These two Sales Revenue accounts (the sales returns and sales allowances) are classified as Contra accounts. They have debit balances unlike the Sales Revenue account.
The purpose of their creation is to maintain the Sales Revenue account at its gross amount for measure purposes.The Sales Returns account is the General Ledger account for recording goods returned by customers. It reduces the Accounts Receivable account, which is credited with Sales Returns.The Sales Allowances account records allowances granted to customers for defective goods, which reduce their balances.Thus, the two sales accounts are contra accounts and they have debit balances.
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A customer A LTD buys goods on credit from C LTD every month.On 20 January 2022 A LTD bought 200 cases with 10*20kg rice at a cost of $40 per case on credit. Draw up a purchase invoice for A ltd
Below is a Purchase Invoice for A Ltd.:
Purchase Invoice
Date: 20 January 2022
To: A LTD
Address: [insert address]
Product: Rice
Quantity: 200 cases
Unit: 10*20kg
Cost per case: $40
Total Cost: $8,000
Payment Terms: On credit
Thank you for your business.
Sincerely,
C LTD
What is a Purchase Invoice?A Purchase Invoice is a document that is sent from a supplier to a buyer to request payment for goods or services that have been purchased. It is a formal record of a transaction that outlines the details of the purchase, including the quantity and cost of the goods or services, any applicable taxes or discounts, and the payment terms.
Purchase Invoices are an important part of the purchasing process because they provide a record of the transaction and can be used for accounting purposes. They also help to ensure that both the buyer and supplier are on the same page regarding the terms of the purchase.
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The new video game console from Kashikoi Games was just released for sale to the public. The console has been a huge success. Kashikoi Games makes the console available for purchase on their website and at TechMart and SmartShopper retail stores. In this scenario, which is the best example of a delivery system?
A, Kashikoi Games's website and the public sector
B. TechMart and the new console
C. The new console and Kashikoi Games
D. SmartShopper and Kashikoi Games's website
The best example of a delivery system in this scenario is D. SmartShopper and Kashikoi Games's website, as these are the channels through which the new video game console from Kashikoi Games is delivered to the consumers.
Explanation:In this scenario, the best example of a delivery system is D. SmartShopper and Kashikoi Games's website. These are the channels through which the product, the new video game console from Kashikoi Games, is delivered to the consumer. This means that these channels are part of the delivery system because they bridge the gap between the producer (Kashikoi Games) and the end user (the gamer). TechMart is another example of a part of the delivery system in this scenario.
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16. Demographics are
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
(ANSWER PROVIDED) Under what circumstances would it be appropriate and legal to turn down a qualified job candidate based on a disability?
done
A.
When required accommodations would be very expensive or difficult to provide
close
B.
It is never appropriate or legal to turn a job applicant down because of a disability.
C.
When a disability makes it difficult to use a standard telephone
D.
When the disabled individual is either blind or deaf
*
*
ANSWER: A. When required accommodations would be very expensive or difficult to provide
Under the circumstances that would be appropriate and legal to turn down a qualified job candidate based on a disability is:A. When required accommodations would be very expensive or difficult to provide.
What is disability?Disability occur when a part or some part of a person body is not functioning or not functioning properly. Example of disability is when a person cannot see, cannot hear, cannot walk which inturn tend to make it difficult for the person to engage in some certain activities that non disability people can do.
A qualified job candidate who is disabled may be legally turn down when the employer does not have required capacity to accommodate the person or when the accommodations would be very expensive or difficult to provide.
Therefore the correct option is A.
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Answer: A
Explanation: I j took test
How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
a portfolio has 3 stocks, apple 43.9%, starbucks 35.8%, and microsoft. the betas are apple 1.21, starbucks 0.82, and microsoft 0.69. calculate the beta of the portfolio to 2 decimal places.
If a portfolio is comprised of three stocks. Then the stock apple comprises 43.9% of the portfolio, Starbuck's 0.82, and Microsoft 0.69 and has a beta of 1.21. The portfolio beta is 0.772 .
Portfolio beta is calculated by using the given formula.
Here, the portfolio comprises of three stocks.
Portfolio beta = (Apple portfolio × beta)+[(1-Starbucks portfolio) × Microsoft beta]
βp = (43.9% × 1.21) + [(1 - 35.8%) × 0.69%]
βp = (0.531) + [.35 × 0.69%]
βp= 0.531 + 0.241
βp = 0.772
However, the portfolio beta tends to describe a relative volatility of an individual securities portfolio.
Hence, the portfolio beta is 0.772
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an investor decides to buy a block of corporate bonds. What is regular way settlement for this bond trade
Block trading allows portfolio managers to distribute a sizable number of assets bought or sold in a single trade to numerous clients.
How does a block trade work?A limit order is one that instructs the purchase or sale of a stock at a set price or above. Limit orders make sure a buyer spends only that amount to buy a security. Until they are executed, pass their expiration date, or are canceled, limit orders can continue to be in effect.
Portfolio managers can allocate a large number of assets purchased or sold in a single trade to multiple clients by using block trading. This tool can reduce costs and improve operational effectiveness.
Trading order blocks and supply/demand zones are equivalent because order blocks are a specific kind of supply or demand zone. The zone should only be marked on the chart. Place the stop loss order on the other side of the bar once a Doji, engulfing bar, or huge range bar appears. Anticipate a decrease in the price.
Therefore, the correct answer is option [A] T+2 - trade date plus two business days.
The complete question is:
An investor decides to buy a block of corporate bonds. What would be regular way settlement for this bond trade?
[A] T+2 - trade date plus two business days
[B] T+3 - trade date plus three business days
[C] T+1 - trade date plus one business day
[D] Same day settlement would be required.
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web marketers launch link-building campaigns to improve their brand image. true or false?
False. Web marketers typically launch link-building campaigns with the primary goal of improving their website's search engine rankings and increasing organic traffic.
While improving brand image can be a secondary benefit of effective link-building, it is not the primary objective. Link-building involves acquiring high-quality backlinks from other reputable websites, which signals to search engines that the website being linked to is trustworthy and authoritative. As a result, search engines may rank the website higher in search results, leading to increased visibility and organic traffic. While increased visibility and website authority can indirectly contribute to enhancing a brand's image, the main focus of link-building campaigns is on SEO and organic search performance rather than direct brand image improvement.
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What are the different packaging materials used in petit four?
Which of the following is an advantage of operating a business as a private limited company?
a. It is easier to raise finance as the business can sell shares
b. Owners have unlimited liability
C. Partners can provide specialist knowledge and skills
d. It is very quick and easy to set up
Answer:
a. It is easier to raise finance as the business can sell shares.
Explanation:
A private limited company can be defined as a type of legal hybrid-business structure that can combine both partnership and corporation form of business, and the owners are only responsible for its debts with respect to the amount of capital they have invested.
Some of the characteristics (features) of a private limited company include;
I. Shares can be issued by the private limited company to raise capital.
II. All the shareholders (owners) of a private limited company have limited liability.
III. After the death of a shareholder, a private limited company will continue to operate its business.
An advantage of operating a business as a private limited company is that it is easier to raise finance as the business can sell shares.
However, one of the disadvantages of a private limited company is that the general public are able to view a summary of their business accounts.