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Vadim26 [7]
3 years ago
12

Jack recommends his new keurig coffee machine to his friend jill. jill buys her own keurig and loves it - studies show that she

is now significantly more likely to recommend the keurig coffee machine to another person. what is this effect called?
Business
1 answer:
Elza [17]3 years ago
8 0
The effect that could be called to the given scenario above is the referral marketing. The referral marketing is a way of being able to promote products to customers, specifically new, with the use of referrals. It could be seen above as after Jack recommended it to Jill, Jill will now refer the product that she loves to another person that could be a potential new customer.
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What does a company's customer service department do?
sammy [17]

Answer:

B. Interact with customers after they have purchased the product.

Explanation:

It is the duty of the Customer services department to cater to the all customer feedbacks and requirements.

The retention of the customers and attracting new customers depends on the quality of the service provided by the customer handling.

5 0
3 years ago
"Tom's Tool Factory is an investment center and is responsible for all of its net income and the use of its assets. This year, t
fenix001 [56]

Answer:

A.57.9%

Explanation:

Return on Assets (ROA) measures how effective a business generates income from its total assets. It is calculated from the net income and total assets using the following formula;

Return on assets (ROA ) = Net income / Total assets

Net income = 275,000

Total assets = 475,000

ROA = 275,000 / 475,000

= 0.5789 or 57.9%

8 0
3 years ago
International investment returns Personal Finance Problem Joe​ Martinez, a U.S. citizen living in​ Brownsville, Texas, invested
Mama L [17]

Answer:

Following are the answer to the given point.

Explanation:

In point A:

Calculating Percentage Return:

=  \frac{(27.00 - 23.00)}{23.00}  \times 100 \\ \\=  \frac{ 4}{23.00}  \times 100 \\\\= 17.39 %

In point B:

calculating the Purchase  value:

= 23.00 \ Pesos \times  ( \frac{\$ 1}{12.88 \ pesos}) \\\\ = \$ 1.7857  \ per \ share \\\\\to \text{for 1000 shares purchased for: }  \\\\= 1.7857 \times 100 \\\\  =  1785.7

calculating the sale value:

= 27.00 \ pesos  \times ( \frac{ \$ 1}{ 13.44  \ Pesos}) \\\\ = $ 2.0089 \\\\\to \text {1000 shares sold for:} \\\\= $ 2.0089 \times 1000 \\\\ = $ 2008.9

In point C:

calculating the Investmet Return:

\to \frac{( \$ 2008.9 - \$ 1785.7)}{\$ 1785.7} \times 100

=\frac{\$ 223.2}{\$ 1785.7} \times 100\\\\= 0.12499 \times 100\\\\= 12.49\  \%

In point  D:  

Due to varying currency rates, the two results are unique. That first return is more important since Joe lives in the United States, so, his real return or how much of his investment will be paid are measured.

7 0
3 years ago
Prior to the iconoclasm of the eighth century, icons were accepted as __________________.
Vlad [161]
Here is the answer: Before the iconoclasm of the eighth century occurred, icons were recognized as INTERMEDIARIES BETWEEN WORSHIPPERS AND THEY REPRESENTED HOLY FIGURES. Iconoclasm involves the belief that these holy figures or monuments should be destroyed based on religious beliefs too.
7 0
3 years ago
Perpetual Inventory Using FIFO
maks197457 [2]

The cost of goods sold on October 24 is $4830

The perpetual inventory as on October 31 is 70 units of value as $2310

Explanation:

The order of events in the given scenario,

  • Oct. 1 - Inventory 200 units at $30
  • Oct. 7 - Sold 160 units
  • Oct. 7 - Remaining Inventory 40 units at $30
  • Oct. 15 - Purchase 180 units at $33
  • Oct. 15 - Total Inventory 40 units at $30 + 180 units at $33
  • Oct. 15 - Total Inventory 220 units and value is $7140 ($30 * 40 + $33 * 180)
  • Oct. 24 - Sold 150 units
  • Oct. 24 - Taken 40 units from the purchase of $30 and 110 units from the purchase of $33 by using FIFO logic
  • Oct. 24 - Total cost of goods sold is $4830

So, cost of goods sold on October 24 is $4830

  • Oct. 24 - Total Inventory 70 units and value is ($7140  - $4830) = $2310

The perpetual inventory value as on October 31 is $2310

7 0
4 years ago
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