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3 years ago

During the Great Depression, consumer spending was higher than ever in history.

Business

2 answers:

Nata [24]3 years ago

7 0

Answer:

False

Explanation:

They were struggling with money so they couldn't spend very much.

Olenka [21]3 years ago

5 0

Answer:

False

Explanation:

During the Great Depression, many people were poor and couldn't afford to buy any goods or services. So that means consumer spending was the lowest ever in history...

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________ describes the net present value of the stream of future profits expected over the customer's lifetime purchases.

Readme [11.4K]

Customer lifetime value basically describes the net present value of the stream of future profits expected over the customer's lifetime purchases.

<h3>What is Customer lifetime value?</h3>

Customer lifetime value can likewise be characterized as the financial value of a customer relationship, in light of the current value of the extended future incomes from the customer relationship.

The motivation behind the customer lifetime value metric is to evaluate the monetary value of every customer. Wear Peppers and Martha Rogers are cited as saying, "a few customers are more equivalent than others."

Customer lifetime value varies from customer benefit or CP (the contrast between the incomes and the expenses related with the customer relationship during a predetermined period) in that CP estimates the past.

Therefore it is the Customer lifetime value which denotes the net value for future profits.

Learn more about Customer lifetime values here:

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5 0

2 years ago

urphy Inc., which produces a single product, has provided the following data for its most recent month of operation:Number of un

LUCKY_DIMON [66]

Answer:

Results are below.

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. 

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

Unit cost under absorption costing:

Unitary product cost= 137 + 75 + 4 + (846,800/14,600)

Unitary product cost= $274

Unit cost under variable costing:

Unitary variable product cost= 137 + 75 + 4

Unitary variable product cost= $216

3 0

3 years ago

Michael is in sales meeting with a potential client. The client is interested in the product but is concerned that the product c

GalinKa [24]

Complete Question :

Michael is in sales meeting with a potential client. The client is interested in the

product but is concerned that the product costs 15% more than the competitor's.

How should Michael handle this sales situation?

A.) Offer the client a 20% discount.

B.) Ask the client how much he or she would be willing to pay for the product.

C.) Show the client the better warranty and quality that comes with the slightly

higher cost.

D.) Say "Thanks for your time" and leave

Answer: C.) Show the client the better warranty and quality that comes with the slightly

higher cost.

Explanation: The fact that Michael's product costs 15% more than the price of it's competitor doesn't spell the end of the deal. What Michael needs to explain and make clear to the client in the sales meeting are the vague distinctions which exists between what his own product offering and that of it's competitors. Michael needs to let the potential buyers understand and get clearly the additional offers, quality or performance associated with his own product which ultimately accounts for the higher cost of his own product.

4 0

3 years ago

Developing and evaluating solutions to reduce the gap between desired process performance and current performance is the final s

leva [86]

Answer: False

Explanation:

The six sigma DMAIC approach for process improvement is a way of improving performance in such a way that it makes the company more profitable as well as improving customer relations and satisfaction.

The DMAIC is an acronym that stands for the the steps in the process as seen in the graph attached.

The above statement about Developing and Evaluating Solutions to make a company perform better is not the final step in the process as it falls under the fourth step, which is to Improve.

The final step is Control. Here the main focus is on preserving what has been achieved. It works by monitoring the situation and ensuring that the process improves if a loophole is spotted.

7 0

3 years ago

Company A has 279,000 basic shares outstanding and 26,000 outstanding options and warrants. The exercise price of these options

lesya [120]

Answer:

c. 342,000

Explanation:

Missing question and Multiple Option " & if-converted methods? 305,000, 292,000, 342,000, 345,333"

Proceeds expected if option are exercised = No of outstanding options and warrants * Per share exercise price

Proceeds expected if option are exercised = 26,000 * $3.75

Proceeds expected if option are exercised = $97,500

Number of treasury shares expected to be purchased = Proceeds expected if option are exercised / Average market price per share

Number of treasury shares expected to be purchased = $97,500 / $7.50

Number of treasury shares expected to be purchased = $13,000

Number of new shares issued if conversion is effected = Amount of convertible bonds reported / Effective conversion price per share

Number of new shares issued if conversion is effected = $200,000 / $4

Number of new shares issued if conversion is effected = 50,000

Calculation of the Diluted Share Outstanding

Number of basic shares outstanding 279,000

Add: Number of new shares through options 26,000

Add: Number of new shares through conversion issued 50,000

Less: Number of treasury shares to be purchased (13,000)

Diluted Share Outstanding 342,000

8 0

3 years ago