Given that a customer purchased the brand Cessy in the present year (year 1), determine the probability that a customer will purchase Fret in year 3
What will be an ideal response?
Answer: .52
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A customer touch point is the time when the customer makes a purchase
Indicate whether the statement is true or false
The general ledger account for Accounts Receivable shows a debit balance of $25,000 . Allowance for Uncollectible Accounts has a credit balance of $1,500 . Net sales for the year were $250,000 . In the past, 3 percent of sales have proved uncollectible, and an aging of accounts receivable resulted in an estimate of $10,000 of uncollectible accounts receivable. Using the percentage of net sales
method, the entry to record the Uncollectible Accounts Expense is: a. Uncollectible Accounts Expense 6,000 Allowance for Uncollectible Accounts 6,000 b. Uncollectible Accounts Expense 7,500 Allowance for Uncollectible Accounts 7,500 c. Uncollectible Accounts Expense 9,000 Allowance for Uncollectible Accounts 9,000 d. Uncollectible Accounts Expense 10,000 Allowance for Uncollectible Accounts 10,000
Although having something to eat or drink may be a want, the desire for a specific brand name is referred to as a need
Indicate whether the statement is true or false
________ are most likely to be outsourced to the lowest bidder.
A. Routine skills B. Systems thinking C. Ability to experiment D. Ability to collaborate E. Abstract reasoning skill