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77julia77 [94]
2 years ago
9

Squeaky Clean Car Wash has a goal of increasing its repeat customers by 30% over the next year. It began by looking at ways to s

upport this goal and discovered there is a high turnover rate for wash attendants. This is a weakness, as customers rarely see a familiar face to continue a relationship with on return trips. Another discovery is that a new car wash has opened two blocks away with additional services like a frequent cleaner card. Squeaky Clean has just conducted a:(A) mission statement analysis(B) marketing objective analysis(C) situation analysis
Business
1 answer:
Alex_Xolod [135]2 years ago
3 0

Answer:

C) situation analysis

Explanation:

Situation Analysis are methods used by managers to evaluate their internal and external environment to understand challenges faced by the business, and opportunities to exploit.

At Squeaky Clean was a situation analysis was done and it was discovered that high turnover of wash attendants was affecting customer confidence in their business (internal environment).

Also a competitor had an additional service, that is frequent cleaner card (external environment).

The management will use this information to better serve their customers, so that they would achieve their goal of increasing its repeat customers by 30% over the next year.

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CCC Corp has a beta of 1.5 and is currently in equilibrium. The required rate of return on the stock is 12.00% versus a required
Oxana [17]

Answer:

CCC's new required return be 16.5%

Explanation:

For computing the new required return, first, we have to compute the risk-free rate of return which is shown below:

Expected return = Risk- free rate of return + Beta × (Market risk -  Risk- free rate of return)

12% = Risk- free rate of return  + 1.5 × (10%  -  Risk- free rate of return))

12% = Risk- free rate of  return  + 15% - 1.5% Risk- free rate of return

So, the Risk- free rate of  return is 6%

Now the average stock is increased by 30%

So, the new market risk is 13% and other things will remain constant

So, the new required return equal to

= 6% + 1.5 × (13% - 6%)

= 6% + 1.5 × 7

= 16.5%

8 0
3 years ago
The future earnings, dividends, and common stock price of Callahan Technologies Inc. are expected to grow 5% per year. Callahan'
Leviafan [203]

Answer:

14.06%

Explanation:

The computation of the cost of common equity using the DCF method is shown below:

Cost of Common Equity = [Ending year dividend ÷ Price per share] + growth rate  

= [$2.31 ÷ $25.50] + 0.05

= 14.06%

We simply applied the above formula by considering the ending year dividend, price and the growth rate so that the correct percentage could come

5 0
3 years ago
What are the two major components of a working capital management strategy
Sliva [168]

Answer:

The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.

6 0
2 years ago
Kim is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, sh
Juli2301 [7.4K]

Answer:

Users

Explanation:

The users be the ones to use the product, initiate the purchase process, generate purchase specs and evaluate product performance after the purchase.

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3 years ago
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