1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tangare [24]
3 years ago
14

Automation Inc. is a company that provides wireless telecommunications network in several cities in the Midwest region, and the

company plans to know more about its customers. The company found that one of his customers has a short customer history of 35, an above-average purchase amount of 75, a low repurchase desirability of 25, a weak product preference of 20, and the customer does not recommend the company's services to potential customers.
Required:
Based on the values provided, what is this customer's loyalty index?
Business
1 answer:
AlladinOne [14]3 years ago
4 0

Answer:

2,625

Explanation:

The customer's loyalty index is calculated by multiplying the customer's average purchase amount by the average purchasing frequency. Since both of these values are provided to us in the question we can simply go ahead and multiply them together to get his/her loyalty index.

35 * 75 = 2,625

Finally, we can see that the loyalty index of the customer in question is 2,625

You might be interested in
Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: The bank owes Sam $100 per y
kodGreya [7K]

Answer:

X=97.24

Explanation:

PV = Present Value = X+2000 by the 16th years

PMT = Payments = $100

FV = Future Value = 2000 at the end of 16 years

n= number of years

Applying the equation of future value for annuity

FV = pmt* ​((1+r)ⁿ - 1   )/r

Inputting the values;

2000=100*((1+r)¹⁶-1)/r

Solving for r, gives r = 2.9%

Therefore using the formula for PV for annuity;

PV=PMT*(1-(1/1+r)/r)

X=100*(1-(1/1.029)/0.029

X=100*((1-0.9718)/0.029)

X=100*(0.0282/0.029)

X=97.24

4 0
4 years ago
Please elaborate what will happen to Net Earnings to Sales and Net Earnings to Total Book Assets when you observe these trends.
Ilia_Sergeevich [38]

Answer:

Impact on Net Earnings to Sales and Net Earnings to Total Book Assets:

a) A company's Net Earnings to Sales and Net Earnings to Total Book Assets will increase from the 30% due to the 30% increase in sales.  This is because the Cost of Goods Sold remained constant.

b) Net Earnings to Sales and Net Earnings to Total Book Assets will decrease by 30% as a result of the increase in Property, Plant, and Equipment, because these also increased the operating and administrative expense, even though Sales and Cost of Goods Sold remained constant.

Explanation:

The net earnings to sales express the ratio of the net income to the sales revenue.  The net earnings are the result of deducting all costs from sales revenue.  The net earnings to total book assets are the same expression as the Return on Assets.

6 0
3 years ago
On April 1, Holton Company borrows $100,000 from West Bank by signing a 6-month, 6%, interest-bearing note.
topjm [15]

Answer:

A. Dr Cash $100,000

Cr Notes Payable $100,000

B. Dr Interest expense $1,500

Cr Interest Payable $1,500

Explanation:

a Preparation of the entry on April 1 when the note was issued.

Dr Cash $100,000

Cr Notes Payable $100,000

(To record note issued)

B. Preparation of any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements

Dr Interest expense $1,500

Cr Interest Payable $1,500

($100,000 x .06 x 3/12)

8 0
3 years ago
A company that wanted to increase its capital through equity financing would most likely get involved in which of the following
alex41 [277]
The correct answer is A. Stock market
7 0
4 years ago
The faculty member on my study abroad trip to Costa Rica has traveled there many times and is quite knowledgeable about the coun
Sedbober [7]

Answer:

B. Expert power

Explanation:

Based on the information provided regarding this scenario it can be said that the faculty member was using Expert Power. Expert Power is defined as the use of expert knowledge in order to get a subordinate to follow an instruction or order. Which in this specific scenario, the faculty members unique knowledge and experiences regarding Costa Rica allowed the other faculty members to look to him for guidance when dealing with topics revolving around Costa Rica.

8 0
3 years ago
Other questions:
  • True or false. If you take Freshman Success and you don't pass it, you still get the credit
    7·1 answer
  • A manager that looks at loans and deposits increases and decreases among other things to measure the bank's liquidity position i
    15·1 answer
  • Q 7.5: a small business owner has two employees but each employee has a separate cash register drawer. this situation can be vie
    8·1 answer
  • Purple Panda Pharmaceuticals Inc.’s free cash flows (FCFs) are expected to grow at a constant long-term growth rate ( gL ) of 13
    13·1 answer
  • XYZ Movers, a professional relocation company, has 3-person teams for their moving services. The company asks customers to compl
    7·2 answers
  • A system in which people run their businesses free from government interference is called __________.
    5·1 answer
  • In a sole proprietorship, the business itself pays no taxes because it is not separate from the owner. T True F False
    12·1 answer
  • Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,283,744
    10·1 answer
  • Transactions for Crane Company for the month of June are presented below.
    10·1 answer
  • Jason purchased his dream home six months ago. after jason received an inheritance from his uncle, he decided to pay off his mor
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!