The most significant impact of satisfying and retaining customers is ________
A) that a business can redirect marketing efforts to better serve dissatisfied customers
B) that a business can redirect marketing efforts to attaining new customers
C) that a desired increase in the level of profitability requires an increase in sales volume of only half as much
D) that a business can eliminate the need for advertising
E) that it can result in tremendous financial leverage
E
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It is generally safe to write positive letters of recommendation for former employees
Indicate whether the statement is true or false.
Raedy Corporation reported the following equity section on its current balance sheet
The common stock is currently selling for $20.25 per share. Common Stock, $5 par, 337,000 shares authorized, 157,000 shares issued and outstanding $785,000 Paid-In Capital in Excess of Par-Common 140,000 Retained Earnings 301,000 Total Stockholders' Equity $1,226,000 After a 2-for-1 stock split, what is the number of issued shares? A) 280,000 B) 314,000 C) 297,000 D) 140,000
When a company applies the initial value method in accounting for its investment in a subsidiary, and the subsidiary reports income in excess of dividends paid, what entry would be made for a consolidation worksheet for the second year? A)Retained earnings Investment in subsidiaryB)Investment in subsidiary Retained earningsC)Investment in subsidiary Equity in subsidiary's incomeD)Equity in subsidiary's income Investment in subsidiaryE)Additional paid-in capital Retained earnings
A. C above. B. D above. C. E above. D. A above. E. B above.
A number of costs and measures of activity are listed below. Cost DescriptionPossible Measure of Activity1.Salary of production manager at a surfboard manufacturerSurfboards produced2.Cost of solder used in making computersComputers produced3.Cost of dough used at a pizza shopPizzas cooked4.Janitorial wages at a surfboard manufacturerSurfboards produced5.Salary of the controller at a hospitalNumber of patients6.Cost of sales at an electronics storeDollar sales7.Cost of testing materials used in a medical labTests run8.Cost of heating an electronics storeDollar sales9.Cost of electricity for production equipment at a surfboard manufacturerSurfboards produced10.Depreciation on shelving at a book storeDollar salesRequired:For each item above, indicate whether the cost is MAINLY fixed or
variable with respect to the possible measure of activity listed next to it. What will be an ideal response?