Full question :
AdVance Corporation is a company that formulates and manufactures fertilizersfor the farming industry. The company produces several standardized formulas that canbe purchased directly through the retail arms of the company, but it also formulatescustom fertilizers for farms.Which of the following is the best use of a CRM system for an AdVance salesperson interms of relationship strategy?
sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer
determining what information is still needed to complete the customer's file
tracking the salesperson's activities and sales on a weekly and monthly basis
sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations
remembering customers' birthdays to send them cards to maintain a personal connection and request referrals
Answer:
sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer
Explanation:
The most effective use of the CRM(customer relationship management system) from the options listed is the follow up on customers to know how they perceive Advance fertilizer's product after having purchased and used it. This has a long list of benefits for Advance fertilizer as they can get customer feedback from customers through this, build relationship with them as well as gather more data to improve on their products in the future
Answer:
$3,667.44
Explanation:
The amount you would be willing to pay today can be determined by finding the present value of the cash flows
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow each year from year 1 to 4 = $25
Cash flow in year 5 = $25 + $5000
I = 7%
Present value = $3,667.44
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
A $2 bill is worth 200 pennies, 20 dimes, 4 half dollars, and 25 nickels.
Hope this helps :)
Answer:
$76.5 million
Explanation:
For computing the EBIT, first we have to do the following calculations
Free cash flow = Operating cash flow – Investment in operating capital
$39.1 million = Operating cash flow -$ 22.1million
So, operating cash flow is
= $39.1 million + $22.1 million
= $61.20 million
Now
Operating cash flow = EBIT – Taxes on EBIT + Depreciation expenses
$61.2 million = EBIT- $28.9 million + $13.6 million
So, the EBIT is
= $61.2 million + $28.9 million - $13.6 million
= $76.5 million
Stanley Plog was the researcher who identified 3 types of travelers
