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4 years ago

What relation does credit and debt have?

1 answer:

6 0

Credit represents money that is available to be borrowed. Meaning, you can buy things with the use of credit card with borrowed money. Your card company will pay for your purchases but when your card statement arrives, it will pay for the borrowed money. Debt, on the other hand, represents money that was borrowed and that has not yet been paid back. Credit is the ability to create debt.

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A hair salon acquired 100 new customers last year. Cost in the marketing and sales were as follows:

Anestetic [448]

If a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs $1,000, Sales Costs $10,000 and Salaries $96,000.What the customer acquisition cost will be is $1,070

Using this formula

Customer acquisition cost=Sales costs+ Marketing costs +Salaries ÷ Number of customers acquired

Where:

Marketing Costs =$1,000

Sales Costs = $10,000

Salaries = $96,000

Number of customers acquired=100

Let plug in the formula

Customer acquisition cost=$1,000+$10,000+$96,000÷100

Customer acquisition cost=$107,000÷100

Customer acquisition cost=$1,070

Inconclusion if a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs $1,000, Sales Costs $10,000 and Salaries $ 96,000. What the customer acquisition cost will be is $1,070

Learn more here:

brainly.com/question/18119725

7 0

2 years ago

Read 2 more answers

If the Federal Reserve contracts the money supply, then interest rates will _____, and GDP will _____.

finlep [7]

Answer:

Interest rates will rise and GDP will fall

Explanation:

If the money supply falls, that makes money more valuable because there's less of it to go around. Interest rates will reflect this change in the value of money, with interest rates increasing because with money more valuable, there will be a greater opportunity cost to lending money. GDP, in turn, will fall, because money is one half of all economic transactions and so a decrease in the money supply necessarily decreases the number of economic transactions made.

4 0

3 years ago

A cola company with processing plants and distributors on every continent is known as which of the following?

il63 [147K]

Global food retailer I think

4 0

3 years ago

Public Relations is: a) The most persuasive promotional tool b) Easy to measure the effectiveness of c) The media's portrayal of

goldenfox [79]

Answer: Public Relations is d) Any activity designed to create and maintain goodwill toward an organization.

Explanation:

The term Public Relation refers to the sharing of business-related information of concerned firms to the public through sources like balance sheet statement release for every financial year. Secondly, through the pubic relation task activities, All the firms publish the facts and figures which linking with sales margin and the list of consumers who have strong liaison with the particular firms.

Public Relations helps firms to earn a good reputation and a good image among the common public by maintaining strong relations with all the firms. The strategy of public relations considered as the vital component to display the useful information of the firms to the public.

5 0

3 years ago

Which of the following is true?

Mandarinka [93]

Answer:

The answer is "Choice C".

Explanation:

The federal securities legislation governs its sales or offering of stock, investment management, the companies of some industry professional persons, investment companies like mutual funds, tender documents, proxy statements, and, more particularly, publicly-traded company control. It's not just the external directors, but also the managers of the organization apply to these rules mostly on the release of erroneous financial reports.

3 0

3 years ago