A profitable customer is a person, household, or company that over time yields a revenue stream that exceeds by an acceptable amount the company's cost stream of attracting, selling, and servicing the customer
Indicate whether the statement is true or false
TRUE
You might also like to view...
On a work sheet for a manufacturing company, Factory Overhead shows both a debit and a credit balance
a. True b. False Indicate whether the statement is true or false
Which country has the biggest market for Tupperware?
A) Romania B) Indonesia C) China D) Russia E) India
Which of the following statements is true regarding the two allowance approaches used to estimate bad debts?
A) The percentage-of-sales approach takes into account the existing balance in the Accounts Receivable account. B) The direct write-off method takes into account the existing balance in the Allowance for Bad Debts account. C) The percentage-of-receivables approach takes into account the existing balance in the Allowance for Bad Debts account. D) The direct write-off method does a better job of matching revenues and expenses than allowance method.
______ methods are used when no measurable, reliable, historic, or statistical data are available and are primarily based on intuition, judgment, or informed opinions of experts in the industry.
A. Market research B. Qualitative C. Quantitative D. Causal