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2 years ago

Customers are more likely to tell their friends about negative experiences with companies than positive ones because:

Business

1 answer:

polet [3.4K]2 years ago

8 0

There is more drama involved in unmet expectations.

The reason why customers are more likely to tell their friends about negative experiences with companies than positive ones is that humans often remember the hateful things said than the nice things

Also, when customers are satisfied with one's service, they rarely tell others. whereas an unsatisfied customer would tell others about his or her bad experience due to unmet expectations.

Logically, customers would have bigger impressions in their mind when they have bad experiences reason companies work on strengthening and improving their customer experience team.

Learn more at : brainly.com/question/11437477

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a manufacturer reports the following costs to produce 11,000 units in its first year of operations: direct materials, $11 per un

DENIUS [597]

The total product cost per unit under absorption costing is: $75.

In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.

The cost per unit

Direct material 28

Direct labor 24

Variable overhead 10

Fixed cost 13

Cost per unit 75

Cost of Inventory

Number of units = 1000

Cost per unit = $75

Value = 1000 * $75 = $75,000

Learn more about absorption costing here:brainly.com/question/26276034

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5 0

1 year ago

The following events apply to Gulf Seafood for the 2018 fiscal year: The company started when it acquired $60,000 cash by issuin

Arte-miy333 [17]

Answer:

depreciation per year: 9,000

<u>operating income: </u> 41,000

Explanation:

Q: Adjusted the records to reflect the use of the cooktop.

Under straight-line the company will recognize the same amount of depreciation over the course of the assets life. At year-end the company will adjsut for the loss in value for the asset generated for the past of time.

$\frac{cost - salvage \: \:value}{useful \:\: life}$

$\frac{40,000- 4,000}{4}$

depreciation per year: 9,000

<u>operating income:</u>

revenues 72,000

salaries expense: (25,000)

depreciation per year: (9,000)

total 41,000

6 0

2 years ago

Justice enterprises has current assets of $593 million and current liabilities of $316 million. what is their current ratio?

Inessa [10]

To solve this problem, first, we must know the formula to get the current ratio.
Currents Assets
Current Ratio= -------------------------
Current Liabilities

So in this problem the current assets and current liabilities are given which are the following:
CA= $593,000,000
CL= $316,000,000

Let's now solve $593,000,000 / $316,000,000 = 1.88

4 0

2 years ago

Which of the following is not an example of how you can reduce the full

andrezito [222]

To reduce the cost of higher education, what should not be done is to get low grades, because they can sanction you and you will have to repeat some subjects.

<h3>What is higher education?</h3>

Higher education is the education that a person accesses to specialize professionally in an area of knowledge. Higher education is found in universities and there different specialized subjects are taken around a profession.

<h3>What to do to reduce the value of higher education?</h3>

To reduce the value of higher education, some students access scholarships that allow them to reduce these costs. However, scholarships generally require them to have high grades and maintain a high level of academic performance.

Therefore, if we want to reduce these costs we must get high grades and maintain a high average. On the other hand, if our grades are low, we are going to increase costs because we are going to have to pay for additional classes or repeat some of them.

Learn more about higher education in: brainly.com/question/2500637

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7 0

1 year ago

1. Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest

Ierofanga [76]

Answer:

1. Down payment = $15,000

2. The existing mortgage (loan) was for $135,000

3. The current monthly payment on the existing mortgage is $990.58

4. The total interest over the life of the existing loan = $221,609.58

6. The amount of the original loan paid off is $22,319.

7. Total amount paid to the loan company over the last 10 years is $258,928.58 ($243,928.58 + $15,000)

8. Total interest paid over the last 10 years is $221,609.58

9. The equity in the home is $67,319 ($180,000 - $112,681)

10. The new monthly payments will be $675.58

11. Saving each month because of the lower monthly payment is $315 ($990.58 - $675.58)

12. Total Interest = $352,137.21 ($221,609.58 + $130,527.63)

13. It does not make sense to refinance because what is saved per month cannot compare with the additional interest expense to be incurred for prolonging the payments.

Explanation:

a) Data and Calculations:

1. Cost of a home = $150,000

10% down payment = $15,000

Existing Mortgage = $135,000 ($150,000 - $15,000)

Home Price 150000

Down Payment 10 %

Loan Term 30 years

Interest Rate 8%

House Price $150,000.00

Loan Amount $135,000.00

Down Payment $15,000.00

Total of 360 (30 years * 12)

Mortgage Payments $356,609.58

Total Interest $221,609.58

Ten years after, the loan balance has been reduced by $22,319 ($135,000 - $112,682)

Refinancing calculations:

Home Price 112681

Down Payment 0 %

Loan Term 30 years

Interest Rate 6

Monthly Pay: $675.58 Monthly

Total Mortgage Payment $243,208.63

Total Out-of-Pocket $243,208.63

Total of 360 Mortgage Payments $243,208.63

Total Interest $130,527.63

4 0

2 years ago