Answers:
A product becomes more popular
A company offers a better product than its competition
The second one would not be a valid answer because this would cause a decrease in demand, as would if a company's competitor lowered their prices and if the price of a product goes down.
Answer:
SAAAAAME....bored tho.........
The firms may need to focus additional effort on retention strategies.
Retention strategies are means employed by firms to retain their customers both new and existing, over some specified period.
Where a company has high customer retention, it means customers would continue to patronize the company's products and not not defect to another product or business.
Customer retention process starts with the first point of contact in an organization and spread through the whole duration of the customer's relationship with the organization.
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Answer:
25%
Explanation:
depreciation expense per year = ($110,000 - $10,000) / 10 = $10,000
average annual investment = $60,000 (carrying value after the end of year 5 or half the life of the project)
average net profit per year = $15,000
accounting rate of return = average net profit per year / average investment = $15,000 / $60,000 = 0.25 = 25%
Answer:
$120,000
Explanation:
Total amount for inclusion in determining Mill Corp's net income or loss is as follows.
- Net loss from disposal of business segment = $100,000
- Property tax for 6 months to June 30, 20x5= $40,000 * 0.5 = $20,000
Therefore, total amount for inclusion = $100,000 + $20,000 = $120,000.