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3 years ago

A convenience store chain attempts to be responsive and

Business

1 answer:

lidiya [134]3 years ago

4 0

Answer:

Explanation:

Store should become a responsive one in a way, that customers can see their all products online, add in their shipping cart and come and have a look on retail store and be able to buy buy or vice versa as well. Plus a responsive customer service team empanelled with Sales team should be present to assist customers in case of service/ sales enquiries, thus delivery high service level satisfaction.

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________ describes the net present value of the stream of future profits expected over the customer's lifetime purchases.

Readme [11.4K]

Customer lifetime value basically describes the net present value of the stream of future profits expected over the customer's lifetime purchases.

<h3>What is Customer lifetime value?</h3>

Customer lifetime value can likewise be characterized as the financial value of a customer relationship, in light of the current value of the extended future incomes from the customer relationship.

The motivation behind the customer lifetime value metric is to evaluate the monetary value of every customer. Wear Peppers and Martha Rogers are cited as saying, "a few customers are more equivalent than others."

Customer lifetime value varies from customer benefit or CP (the contrast between the incomes and the expenses related with the customer relationship during a predetermined period) in that CP estimates the past.

Therefore it is the Customer lifetime value which denotes the net value for future profits.

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2 years ago

A stock is expected to pay a $0.45 dividend at the end of the year (D1 = 0.45). The dividend is expected to grow at a constant r

irinina [24]

Answer:

d. $ 9.52

Explanation:

The computation of the expected price of the stock 10 years from today is shown below:

= Dividend at year 10 ÷ (Required rate of return - growth rate)

where,

Dividend at year 10 is

= $0.45 × (1 + 0.04)^10

= $0.67

So, the expected price is

= $0.67 ÷ (11% - 4%)

= $9.52

By applying the formula we can easily find out the expected price of the stock

8 0

3 years ago

Explain how a manager at a Subway or any fast food restaurant restaurant can use feedforward control to get the best customer sa

egoroff_w [7]

Customer satisfaction is increased as a result of quality management, which also enables businesses to meet customer expectations. One of the key areas where businesses need to be knowledgeable enough is in the service quality.

<h3>What is Subway or any fast food restaurant?</h3>

One of the top brands on the global market is Subway, which places a high priority on maintaining the quality of its products and providing excellent customer service.

Some key features regarding the subway are-

It consistently emphasizes the quality of the ingredients as well as the eventual deliverables in its marketing methods.
The business is committed to providing natural food products that are healthful and free of artificial additives and calories.
The customers' health is directly correlated with the meal quality.
To remain competitive in the marketplace and achieve its goal of being the healthiest alternative in the fast food sector, the company must maintain the quality of the items.

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2 years ago

the ending balance of the retained earnings account appears in group of answer choices only the statement of stockholders’ equit

evablogger [386]

The ending balance of the retained earnings account appears both in the statement of stockholders’ equity and the balance sheet.

<h3>Where does retained earnings appear?</h3>

Retained earnings is the profit left after dividends have been paid. It is the profit that is not paid out to shareholders as dividends.

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a point in time. The retained earnings appears in the equity section of the balance sheet.

The statement of stockholders’ equity records the owners equity and changes to the owners equity during a financial year.

The income statement records a company's income and expenses in a financial year. It is used for determining if a firm is operating at a profit or a loss.

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5 0

2 years ago

Department G had 2,040 units 25% completed at the beginning of the period, 12,200 units were completed during the period, 1,700

Margarita [4]

Answer:

18261

Explanation:

The first <u>key-point</u> will be that materials are applied entirely at the begining of the production so this part of the cost is quite easy:

You have an ending inventory of 1,700 units and then you have a given data of $9 per unit for direct materials so mulitply those to get:

ending inventory $15,300 materials cost

<u>Next part</u> will be to calculate the conversion cost.

<u />

<u>First step, </u>will be to calculate the conversion cost for the period,

which is direct labor + factory overhead:

78,600 + 26,200 = 104,800

Remember conversion cost = labor + overhead

<u>Second,</u> calculate the equivalent units:

Here we have the data for completed units so we work it like this

<em>Complete units</em> 12200

(this are finished o they count entirely)

<em>+ ending units x percent of completion </em> 1700 x 20% = 340

(this are units we work during this period)

<em>- beginning units x percent of completion </em> (2040) x 5% = (510)

(this are units we don't work on this period,

they are from the previous month,

so we subtract them)

----------------------------------------------------------------

Equivalent units for conversion cost 12030

<u>Third,</u> we are almost there, we will divide this two to get the value of 1 unit of conversion cost

104,800 conversion cost / 12,030 equivalent units = 8.7115 CC per unit

<u>Fourth,</u> calculate the conversion cost for the ending inventory

conversion cost per unit x equivalent units of ending inventory

8.7115 x 340 = 2961

<u>Last Step,</u> we add the materials cost with the conversion cost

15,300 + 2,961 = 18261 VALUE OF ENDING INVENTORY

3 0

3 years ago