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borishaifa [10]
3 years ago
11

A Subaru representative has a solid relationship with Phil, a satisfied customer. Phil loves Subaru and will not accept anything

else. The representative determines that if Phil continues to do business with Subaru every time he wants to purchase a new car, his total value to the company would be $350,000. This includes purchases made by customers who were referred to the firm by Phil. The Subaru representative has calculated Phil's _______
Business
1 answer:
larisa86 [58]3 years ago
8 0

Answer:

The correct answer would be, Customer's life time Value.

Explanation:

Subaru is an automobile company who is famous for its boxer engines in the cars above 1500 cc. Subaru is a division of Japanese transportation conglomerate.

A representative of Subaru has solid relationship with a customer, Phil. Phil is such a satisfied customer that he only wants Subaru every time he goes for a new purchase. Also he refers a lot of people to Subaru. The representative determines that if Phil continue to do so, his total value to the company would be $350,000. This figure includes Phil purchases as well as the purchases made by the people which he referred to Subaru. So this means, the representative has calculated the Phil's Lifetime Value.

You might be interested in
How can inappropriate use of power by managers have a negative effect on employees? How might it negatively affect the business?
Kruka [31]
The inappropriate use by managers may get out and stop customers from shopping there 
5 0
3 years ago
Cute Camel Woodcraft Company is considering a one-year project that requires an initial investment of $500,000; however, in rais
vfiekz [6]

Answer:

The correct answer is "32.076%".

Explanation:

Given:

Initial investment,

= $500,000

Cash inflows,

= $500,000

The floatation cost will be:

= 500,000\times 6 \ percent

= 30,000 ($)

The total cost will be:

= Initial \ investment+Floatation \ cost

= 500000+30000

= 530000

hence,

The rate of return will be:

= \frac{Inflows}{Cost} -1

= \frac{700000}{530000} -1

= \frac{700000-530000}{530000}

= 0.32076

= 32.076 (%)

8 0
2 years ago
Charity Hospital is holding its annual gala in a fancy downtown hotel. Tickets are $200 each, and the organization estimates tha
allsm [11]

Based on the amount paid for the tickets and their fair value, the portion that is entitled to <u>charitable contribution deduction</u> is $75.

When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.

The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:

= 200 - 125

= $75

In conclusion, the answer is $75.

Find out more on <u>charitable contribution deductions</u> at brainly.com/question/8706786.

5 0
2 years ago
A market Group of answer choices always requires face-to-face contact between buyer and seller. reflects upsloping demand and do
tatiyna

Answer:

Option C "is an........sellers" is the right answer.

Explanation:

  • The market is considered as a location wherever vendors as well as purchasers gather together or enable their exchange of goods and commodities of products or even just providers.
  • It could be like a department shop wherever individuals keep in touch throughout real life or virtually like such an internet market, where other businesses and consumers weren’t directly connected.

The provided situation isn't linked to other alternatives. Thus the above response is the right one.

7 0
3 years ago
Griffins Goat Farm, Inc., has sales of $664,000, costs of $326,000, depreciation expense of $70,000, interest expense of $45,000
Gemiola [76]

Answer:

a. $6.54 per share

b. $1.73 per share

Explanation:

The computation is shown below:

1. Earning per share is

= Net income ÷ shares of common stock outstanding

where,

Net income is

= Sales - costs - depreciation expense - interest expense - tax expense

= $664,000 - $326,000 - $70,000 - $45,000 - $49,060

= $173,940

The tax expense is

= (Sales - costs - depreciation expense - interest expense) × tax rate

= ($664,000 - $326,000 - $70,000 - $45,000) × 22%

= $49,060

Now the earning per share is

= $173,940 ÷ 26,600 shares

= $6.54 per share

b. Dividend per share = (Total dividend) ÷ (number of shares)

= ($46,000) ÷ (26,600 shares)

= $1.73 per share

7 0
3 years ago
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