Answer:
merchandise purchases budget
Explanation:
A product sales forecast is a business plan that records the cumulative amounts of expenses or commodity production units that a retailer is supposed to buy in a reporting year.
In other terms, this is the expenditure analysts use to prepare acquisitions in inventories for the forthcoming times. This is also the guideline which determines the sum of money which the procurement department may allocate on yearly stock purchasing.
Thus, from the above we can conclude that the correct option is D.
Answer:
The high cost of finding new customers.
Explanation:
Loyalty segmentation is when customers are grouped based on how they interact with you product and services. It is aimed at identifying those that use a business's products and services frequently or that are loyal to the business.
Loyalty segmentation is preferred by marketers because it maximises the lifetime value of customers. It is expensive to get new customers, so marketers maintain already existing relationships.
Answer:
The pension expense for the year is $94,130
Explanation:
The computation of the pension expense is shown below:
= Service cost + Interest cost - expected return of plant
where,
Service cost = $61,000
Interest cost = PBO, January 1 × discount rate
= $910,000 × 10%
= $91,000
Expected return on plant asset = Plan assets (fair value), January 1 × Long-term expected return on plan assets
= $643,000 × 9%
= $57,870
Now put these values to the above formula
So, the value would equal to
= $61,000 + $91,000 - $57,870
= $94,130
This is the answer to your question
In economics, income elasticity of demand measures the response
of the number demanded for a good or service to a change in the income of the people
demanding the good or service. The formula for calculating this metric is:
Income Elasticity Demand =
Change in Quantity Demanded / Change in Income
Income Elasticity Demand =
55 nights – 33 nights / $600 - $400
Income Elasticity Demand =
0.11 = 11%
Since
<span>Income Elasticity Demand is 0.11 or 11%
(positive number), therefore this means that an increase in income of the
people leads to an increase in the demand of nights dining out.</span>