Answer:
The answer is 0.4
Explanation:
The formula for total debt ratio is total debt ÷ total assets.
Total debt equals current debt plus total long-term debt.
To find total debt(liability), remember Asset = Liability + Equity.
Therefore, Liability (debt) will be Asset - equity
$1,123,900 - $679,400
Total debt(liability) = $444,500
So, total debt ratio will be:
$444,500/$1,123,900
=0.4
This ratio means 0.4 or 40 percent of the company asset is financed by debt.
Answer:
Monopolistic
Explanation:
The type of competition that occurs in a competitive market without identical producers is a monopolistic one.
Although upselling and cross-selling are effective with existing customers, cross-selling is more likely than upselling to<u> A. improve </u><u>customer retention rate</u>.
<h3>What is customer retention?</h3>
Customer retention refers to the ability of an organization or marketer to achieve customer loyalty over time.
When a customer is retained, there is always increased revenue from repeat purchases.
Customer retention increases brand loyalty.
Question Completion with Answer Options:
A. improve customer retention rate.
B. satisfy customer needs
C. provide the information necessary to diagnose reasons for customer defection.
D. increase customer profitability.
Thus, although upselling and cross-selling are effective with existing customers, cross-selling is more likely than upselling to<u> A. improve </u><u>customer retention rate</u>.
Learn more about customer retention at brainly.com/question/11621168
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