The step that is most important for sellers is to focus on Identifying customers with lifetime value.
<h3>Who is a seller?</h3>
A seller can be regarded as the part of distribution channel that made the goods from producer to be available to consumers.
However, he must focus on Identifying customers with lifetime value.
Therefore, option C is correct.
CHECK THE COMPLETE QUESTIONS
What step is most important for sellers to focus on?
A: Keeping all customers at all cost
B: Keeping loyal customers and forgetting about the others
C: Identifying customers with lifetime value to the seller
D: Working to attract new customers regardless of the costs
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Answer:
$88,386,000
Explanation:
The computation of the chester book value is shown below:
= Equity balance + decrease in assets in the next year - increased in liabilities for the next year
where,
Equity balance is $86,386,000
Decrease in assets is $4,000,000
Increased in liabilities $2,000,000
Now place these values to the above formula
So, the book value is
= $86,386,000 + $4,000,000 - $2,000,000
= $88,386,000
Answer: Opportunity cost
Explanation:
From the question, we are informed that Joe sold gold coins for $1000 that he bought a year ago for $1000 and he said that at least he didn't lose any money on my financial investment.
We are further told that his economist friend points out that in effect he did lose money, because he could have received a 3 percent return on the $1000 if he had bought a bank certificate of deposit instead of the coins.
This is a concept of opportunity cost. Opportunity cost is what one forgoes when one makes a different choice. The opportunity cost in this case is the bank certificate of deposit.
Answer: b. Inspection time
Explanation: Overhead allocation is required under the rules of various accounting frameworks and is defined as the apportionment of indirect costs (costs used by multiple activities which cannot be assigned to specific cost objects) to produced goods. Overhead allocation is quite significant because often times, it is substantially greater than the direct cost of goods.
The time spent for inspection which is vital to controlling quality, reducing manufacturing costs, eliminating losses and assigning causes of defective work etc. would be the most accurate measure of activity to use for allocating the costs of inspecting finished products as it is included in manufacturing overhead.
Answer:
$24
Explanation:
Calculation to determine What will the estimated intrinsic value of the Shoe Barn Inc.'s stock
Using this formula
Estimated intrinsic value = Earnings * P/E Ratio for the industry
Where,
EPS = $2
Industry P/E = 12
Let plug in the formula
Estimated intrinsic value= $2 * 12
Estimated intrinsic value= $24
Therefore the estimated intrinsic value of the Shoe Barn Inc.'s stock is $24
