Answer: the marketing costs of reaching loyal customers are typically very high
Explanation:
Brand loyalty is when a customer buys a product repeatedly from thesame company rather than buying a substitute from another company. Despite the efforts of the competitors to life them away, such customers are devoted to the product.
It should be noted that the marketing costs of reaching loyal customers are typically low. They hardly need any source of encouragement or advertisement to convince them to make their purchases.
Decimal Reading Vernier Scale. 1/40th of an inch is subdivided into 25 by the vernier to read to one- thousandth. One inch is first divided into ten, and then 40 graduations. Each smallest graduation on the main beam repre- sents .025
Answer:
The yearly depreciation on the asset is $56,111.11
Explanation:
In calculating the right-of-use asset on a lease,the present of value of future cash payments,that is lease liability amount is added to any lease payments paid on or before commencement of lease agreement,direct initial costs,as well as with any likely amount to be incurred in restoring asset's site or dismantling the asset after usage.
In this case,only present value of future cash flows is available,hence that is the amount of right-of-use to depreciated over nine year period.
Depreciation=$505000/9years
=$56111.11
Answer:
One of the major disadvantages of a sole proprietorship is Unlimited Liability The Owner Has For The Debts Of The Firm.
<h2>Gross Profit = 500,000 (Sales -COGS)</h2><h2>Net Profit = Gross Profit - Indirect exp- Dep)</h2><h2> = 500,000-55,000 -250,000</h2><h3> = 195,000</h3><h2>Tax = 66,300</h2><h2>Net Profit After TAX = NPBT- Tax</h2><h2> = 195,000- 66,300 = 128,700</h2>
Explanation:
Sale -Cost of goods Sold = Gross Profit
1,250,000-750,000 = 500,000
Net profit = Gross Profit - Indirect Exp - Depreciation)
= 500,000-55,000 -250,000
= 195,000
Tax = 195,000 x 34/100
= 66,300
NPAT = NPBT - tax
195,000-66,300 = 128,700