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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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You've collected the following information about Molino, Inc.: Sales $ 215,000 Net income $ 17,300 Dividends $ 9,400 Total debt
evablogger [386]

Answer:

(a) 15.46%

(b) $11,904.11

(c) 6.15%

Explanation:

(a) Sustainable growth rate:

Return\ on\ equity\ (ROE)=\frac{Net\ income}{Total\ equity}

Return\ on\ equity\ (ROE)=\frac{17,300}{ 59,000}

                                                = 29.32%

Retention Ratio = 1 - Dividend Payout

                          =1-[\frac{9,400}{17,300}]

                                 = 45.66%

Sustainable\ growth\ rate=\frac{(ROE\times Retention\ Ratio)}{(1-ROE\times Retention\ Ratio)}

Sustainable\ growth\ rate=\frac{(0.2932\times 0.4566)}{(1-0.2932\times 0.4566)}

=\frac{0.1338}{0.8662}

= 0.15446

= 15.46%

(b) Additional borrowing:

New Total Asset = (Total debt + Total equity) × (1 + Sustainable growth rate)

= (77,000+59,000) × (1 + 15.46%)

= 157025.4

New\ Debt=\frac{D}{D+E}\times New\ Total\ Asset

New\ Debt=\frac{77,000}{77,000+59,000}\times 157024.4

                         = $88904.11

Increase in Borrowing = New debt - old debt

                                     = $88,904.11 - $77,000

                                     = $11,904.11

(c) Internal growth rate:

ROA=\frac{Net\ income}{Debt+equity}

ROA=\frac{17,300}{77,000+59,000}\times 100

= 12.72%

Internal\ growth\ rate=\frac{(ROA\times Retention\ Ratio)}{(1-ROA\times Retention\ Ratio)}

Internal\ growth\ rate=\frac{(0.1272\times 0.4566)}{(1-0.1272\times 0.4566)}

=\frac{0.0580}{0.942}

= 0.0615

= 6.15%

6 0
2 years ago
In a competitive market, a computer store offers customers a warranty to help pay for any future damages. This is an example of
Taya2010 [7]

Answer:

The answer is reducing the risks for customers.

Explanation:

Businesses in a competitive market do many things to outshine their competitors. One of such things is offering a warranty to help pay for future damages. A warranty is simply an assurance that the business would be willing to help if a customer experiences challenges from use of the product sold by the business outfit. The business would either get the product fixed or give a new one to the customer with no additional cost.

Customers/consumers love warranty because it gives them full assurance and sense of security. As such, any business which offers warranties on their products would be seen as prepared to help reduce the risk for consumers of ther products.

5 0
3 years ago
Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $500,000, and factory payro
Roman55 [17]

Answer:

Marcelino Co.

Journal Entries:

Debit Raw materials $500,000

Credit Accounts Payable $500,000

To record the purchase of raw materials on credit.

Debit Factory payroll $363,000

Credit Cash $363,000

To record payment for factory payroll.

Debit Work in Process:

Job 307 $135,000

Job 307 $220,000  

Job 308  $100,000

Credit Raw materials $455,000

To record direct materials used in production

Debit Work in Process:

Job 307 $42,500

Job 307 $75,000  

Job 308  $52,500

Credit Factory overhead $170,000

To record overhead applied.

Debit Factory overhead  $175,000

Credit Raw materials $50,000

          Factory payroll $23,000

          Factory rent $32,000

          Factory utilities $19,000

          Factory equipment depreciation $51,000

To record actual factory overhead costs.

Debit Finished Goods Inventory $828,500

Credit Work in Process:

Job 306 $321,500

Job 307 $507,000

To record the cost of finished goods transferred.

Debit Cost of goods sold $321,500

Credit Finished goods inventory $321,500

To record the cost of goods sold.

Debit Cash $635,000

Credit Sales Revenue $635,000

To record the receipt of cash for sales.

Debit Cost of Goods Sold $5,000

Credit Factory overhead $5,000

To record underapplied overhead.

Explanation:

a) Data and Calculations:

Raw materials inventory, March 31 = $80,000

Raw materials $500,000 Accounts Payable $500,000

Factory payroll $363,000 Cash $363,000

Overhead costs incurred in April :

Indirect materials  $50,000 Raw materials $50,000

Indirect labor $23,000 Factory payroll $23,000

Factory rent $32,000 Cash $32,000

Factory utilities $19,000 Cash $19,000

Factory equipment depreciation $51,000 Accumulated depreciation $51,000

Total overhead incurred = $175,000

Predetermined overhead rate = 50% of direct labor cost

Sale of Job 306 for cash = $635,000

                                 Job 306          Job 307          Job 308             Total

Balances on March 31

Direct materials       $29,000          $35,000                                $64,000

Direct labor                20,000             18,000                                   38,000

Applied overhead      10,000              9,000                                    19,000

Costs during April

Direct materials       135,000          220,000          $100,000    $455,000

Direct labor               85,000           150,000            105,000       340,000

Applied overhead    42,500             75,000              52,500       170,000

Total costs            $321,500        $507,000          $257,500 $1,086,000

Status on April 30 Finished (sold) Finished (unsold) In process

3 0
3 years ago
An investment offers a total return of 14.0 percent over the coming year. Janice Yellen thinks the total real return on this inv
Oduvanchick [21]

Answer:

8.06%

Explanation:

According to the Fisher equation

( 1 + Total rate of return) = (1 + real rate of return) x ( 1 + inflation rate)

(1.14) = (1.055) x ( 1 + inflation rate)

Inflation rate = 1.080569 - 1 = 0.080569 = 8.06%

7 0
3 years ago
Which of the following scenarios might indicate that you have been a victim of identity theft?
shutvik [7]
Where are the answers? Don't have much to work with...
4 0
3 years ago
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