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IgorC [24]
3 years ago
10

An increasing number of companies are considering their relationships with customers as financial assets. Such firms measure suc

cess by calculating the value of their ________.
Business
2 answers:
Nadya [2.5K]3 years ago
6 0

Answer: Customer Equity

Explanation: customer equity in simple terms measures customer loyalty. Increasing customer loyalty translates to increasing potential future revenue that can be generated throughout the lifetime of a business. As a result, businesses often improve consumer service, value or desirability of their brands in order to improve customer equity. Therefore, considering the value of customers with companies as financial assets, these companies often measure success in this regard by measuring customer equity.

sladkih [1.3K]3 years ago
3 0

Answer:

CUSTOMER EQUITY.

Explanation:

Customer relationship management is an approach to maintain a company's interaction with current and potential customers. It mainly focuses on customer retention and driving sales growth.

Customer equity is a result of customer relationship management. It is the total of discounted lifetime value of all the firm's customers. In other words, the more loyal a customer, the more the customer equity.

The theory of Customer Equity can be defined as the value of the potential future revenue generated by a company’s customers in the entire lifetime of the firm.

Therefore, an increasing number of companies are considering their relationships with customers as financial assets. Such firms measure success by calculating the value of their CUSTOMER EQUITY.

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Cory issued a note to his creditor in exchange for an account. Cory records the transaction by debiting
Taya2010 [7]
The answer is D. a debit to accounts payable and a credit to notes payable. This is because Cory issued a note to his creditor as a promise that he will pay the creditor. With this, he will be gaining a Notes Payable, or a promissory note stating that he will pay, and will be losing an Accounts Payable. So according to the rules of accounting, if a liability is debited, then it will be lessened from the books of the business. If a liability is credited, however, then it will be added to the records of the business. 
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3 years ago
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Bendel Incorporated has an operating leverage of 7.3. If the company's sales volume increases by 3%, its net operating income sh
Svet_ta [14]

Answer:

21.9%

Explanation:

Given that

Operating leverage = 7.3

Increase in sales  = 3%

According to the given situation, the computation of net operating income is shown below:-

Increase in operating income  = Operating leverage × Increase in sales

= 7.3 × 3 %

= 21.9%

Therefore for computing the increase in operating income we simply applied the above formula.

6 0
3 years ago
Compare a stock insurer to a mutual insurer with respect to each of the following: a. Parties who legally own the company b. Rig
NemiM [27]

Answer:

Explanation:

a. Parties who legally own the company

The kind of corporation that is owned by the shareholders is a stock insurer. While when policy holders elect board of directors then that is call a mutual insurer. This board of director enjoys control over the management control of the corporation.

b. Right to assess policyholders additional premiums

An asses sable policy can not be issued by the stock insurers, however policy of such kind can be issued by the mutual insurer. For mutual insurer, this policy depends on what kind of insurer is in place.

c. Right of policyholders to elect the board of directors

For stock insurer, its is the stockholders who elect the board of directors. While for mutual insurer, its the owners who elect the board of directors who have an effective control over the management.

5 0
3 years ago
The economic system of the united states is considered a:.
oee [108]

Answer:

It is considered a mixed economy

Explanation: Hope this helps<3

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2 years ago
Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities a
Zepler [3.9K]

Answer:

Asset minus the total value liabilities

Explanation:

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