________ is the organizational commitment to developing and enhancing long-term, mutually beneficial relationships with profitable or potentially profitable customers
A) Customer retention
B) Customer lifetime value
C) Customer satisfaction
D) Relationship marketing
E) Reward programming
D
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McGuire Company acquired 90 percent of Hogan Company on January 1, 2019, for $234,000 cash. This amount is reflective of Hogan's total acquisition-date fair value. Hogan's stockholders' equity consisted of common stock of $160,000 and retained earnings of $80,000. An analysis of Hogan's net assets revealed the following: Book Value Fair ValueBuildings (10-year life)$10,000 $8,000 Equipment (4-year life) 14,000 18,000 Land 5,000 12,000 ??Any excess consideration transferred over fair value is attributable to an unamortized patent with a useful life of 5 years.?In consolidation at January 1, 2019, what adjustment is necessary for Hogan's Patent account?
A. $9,900. B. $11,000. C. $7,000. D. $6,300. E. No adjustment is necessary.
Travon and Tony (T & T) Enterprises has a single facility that it uses for manufacturing, sales, and administrative activities. Should the company's building depreciation charge be expensed in its entirety or is a different accounting procedure appropriate? Explain.
What will be an ideal response?
When calculating the WACC it is common to include the estimated cost of accounts payable if a firm does not take the discount for early payment
Indicate whether the statement is true or false
If an issuer requests its correspondent bank where the beneficiary is located to notify the beneficiary of the issuance of a letter of credit, the correspondent bank is called a(n): A) advising bank
B) foreign bank. C) consulting bank. D) coissuer.