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2 years ago

Has any questions or problems.

Business

1 answer:

bearhunter [10]2 years ago

5 0

Answer:

Customer relationship management (CRM).

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Therefore, these employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

This ultimately implies that, customer relationship is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers. The fundamentals of customer relationship is based on improving marketing communications, sales support, technical assistance and customer service so as to bring satisfaction to the customers.

Hence, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.

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In the vertical analysis of a balance sheet, _____________ is assigned 100 percent, with all other items expressed as a percenta

Lapatulllka [165]

In the vertical analysis of a balance sheet, net sales are assigned 100 percent, with all other items expressed as a percentage thereof.

When analyzing the balance sheet vertically, assets are divided by the base amount, total assets. Debt and equity are divided by the sum of debt and equity, which is the base amount.

Vertical analysis is a means of measuring the relationship between any two different financial statement amounts, while horizontal analysis examines the relationship between specific financial statement measures.

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1 year ago

Jeremy has been asked by his manager to begin drafting a report on last year’s sales figures. When he’s midway through the repor

pshichka [43]

Answer:

To me Jeremy is cooperating with and collaborating with others.

Explanation:

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3 years ago

Prior to Christine day’s arrival. What was the culture or Lululemon?<br><br> Help me fast!

Alex73 [517]

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10 months ago

Coffer Co. is analyzing two potential investments.

MakcuM [25]

Answer:

d. Project X

Explanation:

For Project X

Year Net cash outflow Net cash inflow Balance

0 -$77,000 -$77,000

1 $28,000 -$49,000

2 $28,000 -$21,000

3 $28,000 $7,000

4 0 $7,000

Payback period = 2 + $21,000 ÷ $28,000

= 2 + 0.75

= 2.75 years

For Project Y

Year Net cash outflow Net cash inflow Balance

0 -$55,000 -$55,000

1 $2,000 -$53,000

2 $25,000 -$28000

3 $25,000 -$3,000

4 $20,000 $17,000

Payback period = 3 +3,000 ÷ 20,000

= 3 + 0.15

= 3.15 years

Project X has a lesser than 3 year payback period. So, the correct option is D

4 0

3 years ago

BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $128,400 paid to its employees, and FICA Medicare

BlackZzzverrR [31]

Answer:

A. BMX tax in situation A = $282.3

B. BMX tax in situation B = $327.6

C. BMX tax in situation C = $1600.4

Explanation:

Given

FICA Social Security = 6.2% of the first $128,400

FICA Medicare = 1.45% of gross pay.

FUTA =0.6%

SUTA = 5.4% of the first $7,000 paid

Gross Pay through August 31 -----Gross Pay for September

A ---> $5,100 ---> $2,200

B------> 2,300 ------>2,400

C.-----> 122,700 -----> 8,600

For situation A.

FICA is calculated by multiplying the tax rate by the corresponding amount

FICA social security tax : $2,200 * .062 = $136.4

FICA medicare:

$2,200 * .0145 = $31.90

FUTA and SUTA are calculated by multiplying the excess amount by respective tax rate.

FUTA taxes:

($7,000 - $5,100) * .006 = $11.40

SUTA taxes:

($7,000 - $5,100) * .054 = $102.60

BMX tax in situation A = $136.4 + $31.90 + $11.40 + $102.60

BMX Tax = $282.3

Situation B

The gross pay is multiplied by respective tax rate in this situation because the employee has not reached $7,000 in wages

FICA social security tax:

$2,400 * .062 = $148.8

FICA medicare:

$2,400 * .0145 = $34.80

FUTA taxes:

$2,400 * .006 = $14.40

SUTA taxes:

$2,400 * .054 = $129.6

BMX tax in situation B = $148.8 + $34.80 + $14.40 + $129.6

BMX Tax = $327.6

Situation C

Because the maximum amount of wages subject to social security tax is $128,400, FICA social security tax is calculated by:

($128,400 - $122,700) * .062 = $353.40

FICA medicare:

$8,600 * .0145 = $1247.00

Total taxes for BMX = $353.40 + $1247.00 = $1600.4

5 0

3 years ago