Answer:
Micro marketing
Explanation:
The act of tailoring stuff for each individual customer is called micro marketing. It is designed to satisfy a small section.
If the product were not tailor made (same for all) yet targeted to a very selected section of the market, it would have been niche marketing.
The aspect of 'tailoring' products for the individuals is what differentiates between niche and micro marketing.
Answer:
$26 million
Explanation:
Given the above information, net income
= Ending retained earnings - Beginning retained earnings + Dividend paid to shareholders
Ending retained earning = $386 million
Beginning retained earning = $372 million
Dividend paid to shareholders = $12 million
Then,
Net income earnings = $386 million - $372 million + $12 million
Net income earnings = $26 million
Therefore, the firm's net income during its most recent year is $26 million
Answer:
3.96
Explanation:
A company's Time Interest Earned ratio shows us its ability to pay its debts.
The income before expenses is given as: $575000
The interest expenses = $145000
The question wants us to find time interest earned ratio. We get this by:
Company's initial income/interest expenses
= $575,000/$145,000
= 3.96
This is the correct answer to the question. The right answer was not listed in the options.