Answer:
The correct answer is the option E: RFM formula targeting.
Explanation:
To begin with, RFM is a method used, in the field of marketing, that focuses in the customer value and therefore its analysis. This type of strategy commonly appears in the database marketing and also in the direct marketing. In addition, RFM is the acronomyn that stands for the <u><em>''Recency'' of the purchase of the customer</em></u>, <u><em>''Frequency'' of the purchases of the customer</em></u> and last the '<u><em>'Monetary Value'' that the customer spends on the business</em></u>.
To sum up, it is understandable that a company that focuses in identifying the customers who have made at least three purchases and spent at least certain amount of money will center their strategy in the formula of RFM.
Answer:
$63.70
Explanation:
The computation of the total employer payroll tax expense is shown below:
But before that we need to determine the gross salary which is shown below:
= 40 hours × $10 + 8 hours × $15
= $400 + $120
= $520
Now the total payroll tax expense is
= Gross salary × (social security and Medicare tax rate + federal tax + state unemployment tax rates)
= $520 × (7.65% + 0.8% + 3.8%)
= $63.70
Answer:
2009
Explanation:
From Financial Planning to Career Planning I'm sure; if you are going to establish a plan once it is established it should be implemented unless there is a valid reason to defer the start date. Why not implement the moment the plan is made or solidified? Just my experience.
The Canadian banking system is a conservative system that consists of five main categories. They are:
Chartered banks
Trust and loan companies
Cooperative credit movement
Life insurance companies
Securities dealers
For anyone considering a career in banking in Canada, this list of top banks in Canada is a helpful guide on where to start. To learn more, see our lists of financial institutions.
Answer:
$235,000
Explanation:
The computation fo the safety margin is shown below:
As we know that
Margin of safety = Expected sales - break even sales
where,
Expected sales is
= 29,000 units × $50
= $1,450,000
And, the break even sales is
= Fixed cost ÷ contribution margin per unit
= $486,000 ÷ ($50 - $50 × 0.60)
= $486,000 ÷ $20
= 24,300 units
And, the selling price is $50
So the break even sales is
= 24,300 units × $50
= $1,215,000
So, the safety margin is
= $1,450,000 - $1,215,000
= $235,000