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yuradex [85]
3 years ago
6

If retention is so much more profitable than acquisition, why have companies persisted for so long in spending more on getting n

ew customer than keeping the ones they have
Business
1 answer:
Vsevolod [243]3 years ago
6 0
Companies persisted for so long because business managers kept a good readout way for governors
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Avocado Company has an operating income of $80,000 on revenues of $1,000,000. Average invested assets are $500,000 and Avocado C
WARRIOR [948]

Answer:

A. 8%

Explanation:

Profit margin = (Operating income / Revenue)

Profit margin = ($80,000 / $1,000,000)

Profit margin = 0.08

Profit margin = 8%

8 0
3 years ago
______ is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) Cooptation (b) Coalition (c
Bas_tet [7]

Answer:  Competitive aggression is exploiting a distinctive competence or improving internal efficiency for competitive advantage. Your answer is D.

8 0
3 years ago
Read 2 more answers
Gonzales Company currently uses maximum trade credit by not taking discounts on its The standard industry credit terms offered b
ira [324]

Answer:

d.$38,448

Explanation:

The computation of the expected change in net income is shown below:

The net purchase for one day = $11,760

For 20 days excluding discount period i.e 10 days , it would be

= $11,760 × 20 days

= $235,200

The interest would be

= $235,200 × 10%

= $23,520

Now the gross purchase  is

= (Net purchase × total number of days in a year) ÷ (1 - discount rate)

= ($11,760 × 365 days) ÷ (1 - 0.02)

= $4,292,400 ÷ 0.98

= $4,380,000

The discount is

= $4,380,000 × 0.02

= $87,600

After tax rate, the change in net income would be

= ($87,600 - $23,520) × (1 - tax rate)

= $64,080 × 0.60

= $38,448

8 0
3 years ago
A consumer who is armed with information and is narrowing down his choices by comparing the pros and cons of each remaining opti
Bas_tet [7]
The answer to the question above is "evaluation of alternatives" which is the step when a consumer arms with information and narrows down his/her choices by comparing the pros and cons of each remaining option. There is several steps of consumers decision making process. This step is the third step in the process.
8 0
3 years ago
Sommer, Inc., is considering a project that will result in initial after tax cash savings of $1.83 million at the end of the fir
ExtremeBDS [4]

Answer:

$22,592,593

Explanation:

For the computation of maximum initial cost first we need to follow some steps which are shown below:-

Let equity be 1 so debt = 1 × 0.80

= 0.80

weight of debt = 0.80 ÷ 1.8

= 0.44444

weight of equity = 1 ÷ 1.8

= 0.55556

Now

Cost of capital = (After tax cost of debt × Weight of debt) + (Cost of equity × Weight of equity)

= (5.1 × 0.44444) + (12.3 × 0.55556)

= 2.266644 + 6.833388

= 9.10 %

And,

Adjusted cost of capital is

= 9.1 + 1

= 10.1%

Maximum amount willing to pay = CF1 ÷ (Adjusted cost of capital -G)

= $1,830,000 ÷ (0.101 - 0.02)

= $1,830,000 ÷ 0.081

= $22,592,593

6 0
4 years ago
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