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Assoli18 [71]
3 years ago
15

Golf Guide sells imprinted clothing and accessories for golfers through a catalog. To find new customers, Golf Guide sends a sma

ll catalog to names selected from mailing lists. The company mails out catalogs at a cost of $3,100 per thousand pieces mailed, and can expect a response rate of 6%. All responders become customers. Calculate the cost per customer acquired implied by these numbers. Round to the nearest penny.
Business
1 answer:
kherson [118]3 years ago
7 0

Answer:

Cost per customer acquired = $51.67

Explanation:

Customer acquired per thousand pieces mailed = 1000*6% = 60

Total cost per thousand pieces mailed A    $3,100

Divide by Customers acquired  B                <u>   60     </u>

Cost per customer acquired A/B                <u>  $51.67</u>

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All the members of the sales team at Arkema are new hires. The team members need to work together to ensure that clients' requir
Svetach [21]

Answer:

In a situation in which All the members of the sales team at Arkema are new hires. The team members need to work together to ensure that clients' requirements are fulfilled, and weekly targets set by the company are adequately met. However, the team members are often involved in minor arguments and find it difficult to work with each other.

The stages of team deelopment that would allow the members of the team to resolve the differences among its members is:  A) The norming stage

Explanation:

The norming stage of group development is the level in which the group finds its identity, its characteristics, establishes its codes and conducts expected for members, and also build a synergy that will make them work towards the same goal while finding the benefits of working together as the contribution each one can provide to the group. Thus, the team will find the answer to its problems here. Because they have to find their codes of conduct.

7 0
3 years ago
Concord Corporationreported the following year-end information: beginning work in process inventory, $250000 cost of goods manuf
anastassius [24]

Answer:

$228,000

Explanation:

Beginning work in process inventory, $250000

Cost of goods manufactured, $866000

Beginning finished goods inventory, $292000

Ending work in process inventory, $270000

Ending finished goods inventory, $314000

Cost of Goods Sold = Beginning work in process inventory + Beginning finished goods inventory - Ending finished goods inventory, $314000

Cost of Goods Sold = $250,000 + $292,000 - $314,000

Cost of Goods Sold = 228,000

7 0
3 years ago
_____ tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of ec
pogonyaev
Capital goods tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of economic weakness.
7 0
3 years ago
For banks, online transactions are an inexpensive alternative to branch banking. Transaction costs are about ________ per online
MaRussiya [10]

Answer:

The corrects answers that fills the gaps are: 2 cents; $1,07.

Explanation:

Electronic payment methods are a payment system that facilitates the acceptance of payments to carry out transactions without having to use cash. The development of financial systems and advances in information technology have allowed the emergence of these new means of payment, which are increasingly used worldwide.

Among the main electronic means of payment can be mentioned: debit cards, credit cards, mobile wallet and internet transactions - electronic banking.

The advantages:

- They are safer than the use of cash.

- They allow paying for goods or services in an immediate or faster way.

- They allow easy control over the operations and expenses incurred.

- They can be used to make purchases online.

- In some cases, they help build a credit history.

- They allow access to financial products and services.

4 0
3 years ago
You are making a $120,000 investment and feel that a 10 percent rate of return is reasonable given the nature of the risks invol
Vika [28.1K]

Net Present Value is the difference between the present value of cash flows and the initial investment.

Net Present Value = Present Value of cash flows - Initial Investment

The following image shows the Net Present value of the cash flows:

Net Present Value = $122,142 - $120,000

Net Present Value = $2,142

5 0
3 years ago
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