Answer:
a. 3.80
Explanation:
This ratio is also called sales turnover.
This represent how much a dollar invested in asset can increase sales.
A higher ratio increase the profitability of the company and represent the efficiency of the assets in the business.
sales/average assets = sales to assets ratio
<u>where:</u>
<em>average assets = (beginning assets + ending assets)/2</em>
(175,000 + 167,000)/2 = 171,000
sales to assets :
650,000/ 171,000 = 3.801169 = 3.80
TRUE, The ability to capture and analyze all customer interactions, generate appropriate responses, and gather data to create and build effective and efficient marketing campaigns is known as contact management.
A contact manager is a software program that allows users to easily store and retrieve contact information such as names, addresses, and phone numbers. These are contact-centric databases that provide a fully integrated approach to tracking all contact-related information and communication activity.
Contact management is the process of storing and tracking data about customers and leads. In addition to providing quick access to customer data, investing in contact management can help grow and diversify your customer base.
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Answer:
b. a specialty store.
Explanation:
A specialty store. -
It is a type of retail business , which focus on certain goods and services , is known as a speciality store .
These type of company are expert in making a certain goods or services .
For example ,
The store that are designed specifically for men clothing or women clothing or specific for toys , cosmetics etc .
Hence , from the question , the correct term according to the given information of the question is a specialty store .
Answer:
Yes
Explanation:
Making profit is a good thing because Profit equals a company's revenues minus expenses. Earning a profit is important to a small business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business. Companies cannot remain in business without turning a profit.
The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.
When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.
As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.
Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.
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