Answer:
quantity supplied of labor at the sailboat factory will increase.
Explanation:
If it happens that the sailboat manufacturer increases the hourly wage paid to his employees, then the more employees will rush to the sailboat thereby increasing the quantity supplied of labor at the sailboat factory.
Answer:
A License
Explanation:
Riley obtains permission from Saga Company to use the firm's game app on Riley's smartphone, tablet, and other mobile device. But Riley does not obtain ownership rights in the app. This is a license. When any organization gives its rights to another firm under this type of contract, the ownership rights always remain with the parent company and licensee can't have ownership rights in any way, they can use only the name and products of that parent company to the customers, but ownership held with the parent company. For example, when Burger King and Pizza Hut gives the right to make and sell their products all over the world, the ownership rights are always reserved with the Burger King and Pizza Hut.
Answer:
c. place----distribution
Explanation:
Since it is stated in the example that Sidney's customers expressed a wish for the scanners to be sold through retail alongside the online shop, it is clear that Sidney's company faces an issue regarding the distribution channels.
Of course, there is room for improvement, as they have already noted the customer requests for such a distribution channel and they have a steady demand.
To secure (and increase) their existing customer base from the competitor, Sydney's company has to put <u>place and distribution</u> of its products in the marketing focus.
The formula for calculating the lifetime value of a customer the amount a person will spend MINUS the cost to maintain the relationship
<u>Explanation:</u>
Any company must measure the customer lifetime value for its success. Customers are the important factor that decides the growth of any business. They play an important role of buying the goods and services produced by any business. It is required to know how much it costs to attain new customers than retaining the older customers.
By measuring the CLTV, a company can make better decisions like the goals related to marketing, reduction in the cost related to acquisition, customer retention,etc. CLTV can be measured by subtracting the amount spent by a customer from the total cost that is spent in maintaining the relationship with that customer.
Answer:
$1,000,000
Explanation:
The Bond Issued less than its face value is issued on the discount. This discount is recorded and amortized until the maturity of bond.
Discount on the Bond = Face value - Issuance value = ($1,000 x 1,000) - ($1,000 x 1,000) x 99% = $1,000,000 - $990,000 = $10,000
Journal Entry
Dr. Cash $990,000
Dr. Discount on Bond $10,000
Cr. Bond Payable $1,000,000
Bond Liability on June 30, 20x5 is $1,000,000.
