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joja [24]
2 years ago
6

Among the segmentation variables related to purchase behavior is consumers' share of wallet. This term refers to the Select one:

a. money that a consumer spends with one firm as a share of all the money that the consumer spends in that category O b. total amount of money that a consumer spends as a share of that consumer's yearly expenditures. O c. money that a consumer spends with one firm as a share of that consumer's discretionary income. O d. money that a consumer spends with a representative firm as a share of all the money spent by similar
Business
2 answers:
KATRIN_1 [288]2 years ago
7 0

Answer:

a. money that a consumer spends with one firm as a share of all the money that the consumer spends in that category.

Explanation:

A customer normally shares his spending among different retail outlets. The concept of customer wallet is a measure of spending on one particular brand compared to all spendings in a category.

This will help businesses know how much customers are pending with them in comparism with what they are spending on competitor's goods. Insights can be used to strategize on how to increase customer's share of wallet.

Flura [38]2 years ago
7 0

Answer:

The correct answer is letter "A": money that a consumer spends with one firm as a share of all the money that the consumer spends in that category.

Explanation:

Share of wallet refers to the money a consumer spends with the product or service of one company instead of using it with competitors. Some companies' marketing departments focus on retaining those consumers rather than acquiring new wit the purpose of promoting brand loyalty. Some firms even start offering complementary products targeted to their existing consumers.

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Azure Inc. assigns $4,000,000 of its accounts receivables as collateral for a $3 million loan with a bank. The bank assesses a 3
Vlad1618 [11]

Answer with its Explanation:

Step 1:

First of all record a loan of $3 million loan:

Dr Bank $3,000,000

Cr Loan      $3,000,000

Step 2:

Finance charge will be 3% on this loan amount:

Dr Finance Charge $3million *3% = $90,000

Cr                   Bank                                       $90,000

Step 3:

The interest on the note is 7% which is $70,000. So the journal entry would be:

Dr Interest Expense $70,000

Cr Interest payable                  $70,0000

8 0
2 years ago
Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of
skad [1K]

Answer:

$11.2 per unit

Explanation:

The computation of the variable cost per unit is shown below:

= Variable direct materials cost per unit + Variable direct labor cost per unit + Variable factory overhead cost per unit + Variable selling and administrative cost per unit

= $4.34 per unit + $5.18 per unit + $0.98 per unit + $0.70 per unit

= $11.2 per unit

We simply added the entire variable cost per unit so that the accuracy per unit could be reached

3 0
2 years ago
On your cardholder account profile, what information displays on the default accounting code screen?
vfiekz [6]
<span>The account profile of a card holder includes the demographic data, default accounting code, authorization limits, and other account details.

The default accounting code is assigned all the associated transactions that has been made by the assigned cardholder or from the assigned managing account, unless there applies any other specific rule.

When the default accounting code is clicked upon, it displays the Default Accounting Code screen, along with the segment names and the segment values.
</span>
8 0
2 years ago
A supermarket uses a periodic review system to manage inventory of gallons of drinking water. Average demand is 152 gallons of w
dem82 [27]

Answer:

The target inventory position is T= 713.6 gallons.

Explanation:

Given:

Average demand =per day = D = 152 Gallons

Standard deviation of demand = σ = 33 Gallons per day

Lead time for delivery = L = 4 days

Z value for 94.5% service level = 1.6

The target inventory position  = (Average demand x Lead time) + Safety stock

= (D × L) + (Z× σ × \sqrt{L})

= (152 × 4) + (1.6 × 33 × \sqrt{4})

= (152 × 4) + (1.6 × 33 × 2)

= 608 + 105.6

= 713.6

4 0
2 years ago
Southwest Milling Co. purchased a front-end loader to move stacks of lumber. The loader had a list price of $118,660. The seller
natulia [17]

Answer:

$117,417

Explanation:

Calculation to Determine the amount to be capitalized in the asset account

Costs that are to be capitalized:

List price $118,660

Less: Discount ($5,043)

($118,660*4.25%)

Freight cost $2,640

Specialist fee $1,160

Total costs $117,417

Therefore the amount to be capitalized in the asset account will be $117,417

7 0
2 years ago
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