Answer and Explanation:
The computation is shown below:
a. The new customer retention rate is
(a) the day above 3 days from order to delivery
= 3.5 - 3
= 0.5 days
And,
The reduction in customer retention rate is
= 0.5 × 1%
= 0.5%
errors above three per month is
= 6 - 3
= 3
The reduction in customer retention rate is
= 3 × 1.5%
= 4.5%
So, the new customer retention rate is
= 60% - 0.5% - 4.5%
= 55%
(b) The total reduction in customer retention rate is
= 0.5 + 4.5
= 5.0%
The reduction in market share is
= 5% × 0.5
= 2.5%
Now
New market share is
= 21.4% - 2.5%
= 18.9%
Answer:
Option (B) is correct.
Explanation:
When there is an increase in the interest rate then as a result this will shift the aggregate demand curve leftwards. This is because of the fall in one of the component of aggregate demand curve that is investment.
Increased interest rate will reduce the investment demand and hence shifts the aggregate demand curve rightwards. This increase in the interest rate will also increase the reserves of the banks.
When there is a leftward shift in the AD curve then as a result there is a fall in both real GDP and Price level in an economy.
Answer:
Please see below
Explanation:
Jan 2.
Dr Cash $13,100
Cr Owner equity $13,100
(Being owner's capital contribution to the business in form of cash)
Jan 3.
Dr Vehicle $3,930
Cr Cash. $3,930
(To record the purchase of used car in form of cash)
Jan 9
Dr Supplies. $655
Cr. Accounts payable $655
(To record supplies purchased on account )
Jan 16
Dr Account receivable $3,144
Cr Revenue $3,144
(Being the record of revenue earned on credit)
Jan 16
Dr Advertising expenses $459
Cr Cash $459
(Being the record of advertising expenses paid in cash)
Jan 20
Dr Cash. $917
Cr Account receivable $917
(Being the record of partial collection receivables)
Jan 23
Dr Account payables $393
Cr Cash $393
(Being the record of payment made to creditors)
Jan 28
Dr. Owner equity $1,310
Cr. Cash $1,310
(To record owner's withdrawal of capital in form of cash)
<span>Of the four rights that Kennedy mentioned, this would be the right to safety. He felt that products should be made in a way that they would not hurt someone who used it in the proper manner. The other rights he mentioned were the rights of being informed, rights to choose, and rights to be heard.</span>