Iam a 4 tail fox im a chef and a medic what am i

________ 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

"Lyla is a little more efficient at making potato soup than Jose. She is a lot more efficient than Jose at making bread. They de

uysha [10]

Answer:

Making bread

Explanation:

Lyta has to specialize in making bread. By specialization, it means that lyta should focus it's productive efforts on making bread, because from the question she clearly has an absolute advantage in making bread Since the question says she is more efficient in making bread compared to the other product. It means she can produce bread in larger quantities at same cost or she can produce same quantity of bread at lower cost.

5 0

3 years ago

After evaluating Null Company’s manufacturing process, management decides to establish standards of 3 hours of direct labor per

docker41 [41]

Answer:

Direct labor rate variance = (SR - AR) $\times$ AH

October = ($15 - $15.20) $\times$ 16,250 = - $3,250 Unfavorable

November = ($15 - $15.25) $\times$ 22,000 = - $5,500 Unfavorable

Direct Labor Efficiency Variance = (SH - AH) $\times$ SR

October = (16,800 - 16,250) $\times$ $15 = 8,250 Favorable

November = (18,000 - 22,000) $\times$ $15 = - $60,000 Unfavorable

Direct Labor Cost Variance = Standard Cost - Actual Cost

October = $252,000 - $247,000 = $5,000 Favorable

November = $270,000 - $335,500 = - $65,500 Unfavorable

Explanation:

Computing variances for each month

Particulars October November Equation

Total units produced 5,600 units 6,000 units (a)

Standard hour per unit 3 hours 3 hours (b)

Total standard hour SH 16,800 18,000 (c) = (a)*(b)

Total standard cost

of labor @ $15 SR per hour $252,000 $270,000 (d) = (c) * 15

Actual hours used AH 16,250 22,000 (e)

Actual cost $247,000 $335,500 (f)

Actual Rate per hour AR $15.20 $15.25 (g) = (f)/(e)

Using the above information we have

Direct labor rate variance = (SR - AR) $\times$ AH

October = ($15 - $15.20) $\times$ 16,250 = - $3,250 Unfavorable

November = ($15 - $15.25) $\times$ 22,000 = - $5,500 Unfavorable

Direct Labor Efficiency Variance = (SH - AH) $\times$ SR

October = (16,800 - 16,250) $\times$ $15 = 8,250 Favorable

November = (18,000 - 22,000) $\times$ $15 = - $60,000 Unfavorable

Direct Labor Cost Variance = Standard Cost - Actual Cost

October = $252,000 - $247,000 = $5,000 Favorable

November = $270,000 - $335,500 = - $65,500 Unfavorable

8 0

3 years ago

Use the information presented in Southwestern Mutual Bank's balance sheet to answer the following questions. Bank's Balance Shee

lord [1]

Answer:

Southwestern Mutual Bank

This would increase the loans account and the deposit account by $100 respectively.

Explanation:

a) Data and Calculations:

Southwestern Mutual Bank

Balance Sheet

Assets Liabilities and Owners' Equity

Reserves $150 Deposits $1,200

Loans $600 Debt $200

Securities $750 Capital (owners' equity) $100

Total assets $1,500 Total liabilities + equity $1,500

New customer deposit = $100

New loans made by the owners = $100

3 0

2 years ago

Lauren's salary decreases from $ 37,000 to $ 30,000 . She decides to reduce the number of outfits she purchases each year from 2

nikklg [1K]

Answer:

E=-4.0746

Explanation:

Using the midpoint method, Lauren's income elasticity of demand for new outfits is determined by the change in income multiplied by the average number of outfits, divided by the change in the number of outfits multiplied by the average income:

$E=\frac{\Delta I*O_{avg}}{\Delta O*I_{avg}}\\E=\frac{(37,000-30,000)*\frac{20+19}{2}}{(19-20)*\frac{37,000+30,000}{2}}\\E=-4.0746$

Her income elasticity of demand for new outfits is -4.0746.

8 0

3 years ago