Answer:
Reduce the price of its product.
Explanation:
Reduction of price is not a sustainable way of managing customer satisfaction. Even if the customer is initially happy the business cannot consistently offer low prices as incentive because this will affect quality of the product. Once product quality goes down it will result in customer dissatisfaction.
Focus should instead be placed in giving the customer value. When customer's reciev value from your business consistently they will keep coming back.
Answer:
The beginning inventory was $2000.
Explanation:
First, we need to calculate the Cost of Goods sold. The cost of Goods sold is the difference between the Sales and the gross profit. Thus, the cost of goods sold is 16000 - 10000 = $6000
The value of the beginning inventory for the period can be calculated by using the Cost of Goods sold formula. The cost of goods sold is calculated as:
Cost of goods sold = Beginning inventory + Purchases - Closing Inventory
Plugging in the available figures in the formula,
6000 = Beginning Inventory + 8000 - 4000
6000 = Beginning inventory + 4000
6000 - 4000 = Beginning Inventory
Beginning Inventory = $2000
Answer:
Answer for the question:
Fund ABC charges a 12b-1 fee of 1.10% and maintains an expense ratio of .85%. Fund XYZ charges a front-end load of 3% but has no 12b-1 fee and an expense ratio of .15%. Assume the rate of return on both funds’ portfolios (before any fees) is 6% per year. Suppose you invest $1000 in each fund. Compute the value of the investments after the end of year 1, year 3, and year 10.
is given in the attachment.
Explanation:
Answer:
$541 Unfavorable
Explanation:
Flexible budget for food and supplies = Fixed expenses + (Actual activity * Variable cost per tenant day)
Flexible budget for food and supplies = $1,600 + (3,740 * $14.10)
Flexible budget for food and supplies = $1,600 + $52,734
Flexible budget for food and supplies = $54,334
Spending variance = Actual results - Flexible budget
Spending variance = $54,875 - $54,334
Spending variance = $541 Unfavorable
Let the amount received by the first person = x
First person receives: x
Second person receives: 2x - 6
Third person receives: 2x - 6 + 7 = 2x + 1
Solve for x
x + (2x - 6) + (2x + 1) = $180
5x - 5 = $180
5x = $185
x = $37
First person receives: $37
Second person receives: 2(37) - 6 = $68
Third person receives: 2(37) + 1 = $75
