Answer: improve customer relation to meet customer satisfaction.
Explanation: six sigma quality standards is a statistical quality control used by business to improve product or services. If the hotel adopt the method in the area of services rendered to their clients and consequently lead to loyal customer in the future.
B. Rob is confusing the nominal rate of return with the real rate of return.
Nominal rate of return is the "face value" of returns, but the real rate of return factors in the negative effect that inflation has on buying power. Inflation takes away from any earnings because it reduces the value of money.
The amount of interest revenue the company will recognizes: For 2021 it will be $4680, for 2022 it will be $6240, and for the 2023 it will be $4680.
What is interest revenue?
The income that an organisation receives from every investments it makes or on debt it owns is known as interest revenue. A business must record interest revenue underneath the accrual basis of accounting even if it has not yet received payment in cash for the interest as long as it has earned this same interest; this is done through an accrual journal entry. Interest revenue is only recorded under the cash basis of accounting when the entity receives a cash payment for interest.
For instance, if a business uses the accrual method of accounting, it might spend $10,000 on a certificate of deposit that yields 6% interest and generates $600 in interest income after a year.
The amount of interest revenue the company will recognizes :
2021 => $52000 × 12% × 9/12 = $4680
2022 => $52000 × 12% × 12 = $6240
2023 => $52000 × 12% × 9 /12 = $4680
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Answer: Data mining
Explanation: Patterns and relationships as indicated are discovered through a technique known as data mining, which is defined as the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in data or relationships among variables. It is also given as a technique for searching large scale databases for patterns; used mainly to find previously unknown correlations between variables that may be commercially useful.
Answer:
$ 508304.93
Explanation:
Using the formula for calculating the net present value
NPV = Cash flow / ( 1 + i)^n - initial investment
where NPV = net present value which represent the change in the value of the company
i = the discounted rate and n is the number of years
NPV = 580000 / (1 + 0.075)¹ + 580000 / (1 + 0.075)² + 580000 / (1 + 0.075)³ - 1 000 000 = 539534.88 + 501892.92 + 466877.13 - 1000000 = $ 508304.93 is the change in the value of the company.