Answer: 13.2%
Explanation:
Given data:
No of stores in the market = 5000
No. of store owners = 2000.
Allison charges = $8/month
Sam charges = $8/month.
Solution:
The market penetration rate would be calculated based on potential customers.
Using our general formula,
Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population
Where,
Total potential population=1,500
•Allison derived sales = 129 customers
•Sam derived sales = 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers
Let’s input this into our general formula.
Market penetration
= 169 customers/1,500
= 0.132*100
= 13.2%
The market penetration rate based on potential customers is 13.2%
Answer:
A. DR Petty Cash 200; CR Cash 200
Explanation:
We are asked for the entry on June 1st to stablish the petty cash fund.
The data on June 30th is irrelevant for this question.
We will only work with the information of june 1st
The ptty cash, will be an asset account. To crease an asset account we will debit it.
On credit side, we need to show how is this asset generated. In this case, with another asset, cash. Cash will be credited to show that 200 cash from the main account has been moved into the petty fund
Answer:
Defection rate, or costumer defection rate is one of the major factors due to which a company can hit rock bottom. The costumer defection rate can be defined as the rate at which the existing costumers of a certain company leave a brand, to switch over a competitor, or stop using that certain type of product all together. If the marketers are considering the defection rate of a market segment, it means that they are considering the rate at which costumers are leaving a brand to join another, or leaving that market all together.
Answer:
I would need a computer and then a laptop to work fast as I can and that will make me get more money
Answer:
Follows are the instructions to this question:
Explanation:
Given:
Configuration of machine = 
Machine hours= 
Order on Packing= 
We have to use the following formula in order to measure the expected production overhead rate:
Estimated overhead production rate= Total projected production expenses and for period/Total base allocation sum
Machine Configuration 
Machining hour= 
Packing
