As a local coffee shop owner, you want to strengthen your relationships with your customers. You decide to offer a punch card that allows customers to get a free coffee after 10 purchases. Your punch card is an example of a:
A. direct marketing program
B. VIP customer program
C. digital program
D. loyalty program
E. retention program
Answer: D
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The branch of accounting that is most concerned with addressing the needs of the firm as a whole is ____________________ accounting
Fill in the blank(s) with correct word
Before and meanwhile are examples of transitional expressions that show ____________________ association
Fill in the blank(s) with correct word
Treasury securities that mature in 6 years currently have an interest rate of 8.50 percent. Inflation is expected to be 5 percent in each of the next three years and 6 percent each year thereafter. The maturity risk premium is estimated to be 0.10% × (t - 1), where t is equal to the maturity of the bond (i.e., the maturity risk premium of a one-year bond is zero). The real risk-free rate is assumed to be constant over time. What is the real risk-free rate of interest?
A. 5.50% B. 0.50% C. 1.00% D. 1.75% E. 2.50%
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning InventoryEnding InventoryFinished goods (units)20,00030,000Raw material (grams)50,00040,000Each unit of finished goods requires 7 grams of raw material. The company plans to sell 270,000 units during the year.How much of the raw material should the company purchase during the year?
A. 1,970,000 grams B. 2,000,000 grams C. 1,960,000 grams D. 1,950,000 grams