The two possible reasons for unemployment are:
Unemployment is when labour that is willing and able to get work cannot find a job. Unemployment can be increased during a recession when there are less jobs available. Also, if the wage rate is too low, it might discourage labour from working.
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b. 8
c. 4
d. 2
Answer:
Revision of wordy, unorganized paragraphs
Our organization's dress code allows suitable office dresses. Find below the guidelines for allowed dresses:
Explanation:
The use of bulleted or numbered lists can help to organize wordy paragraphs. They also eliminate some of the unnecessary wordings that have been included, thereby reducing the overall length.
Answer:
Ending Cash balance 113,000
Explanation:
Beginnin 76,000
Cash receipts 304,000
payment of DM (137,000)
payment of DL (77,000)
other cash expenses (43,000)
loan repayment (10,000)
Ending Cash balance 113,000
Answer:
Y = 83.2 + 2.29x1 + 1.30x2
Y = 83.2 + 2.29(4) + 1.30(1.5)
Y = 83.2 + 9.16 + 1.95
Y = 94.31(thousand)
Y = $94,310
The gross revenue is $94,310
Explanation:
In this case, the estimated regression equation has been given. Since x1 is $4,000 and x2 is $1,500, then, we will substitute these values for x1 and x2 in the equation. The addition of all values after the substitution gives the gross revenue.
Answer:
Warbocks Corporation
Statement of retained earnings for the year ended December 31, 2017
Amount in $
Opening retained earnings 12,600
Net income for the year 7,000
Dividend (5,000)
Closing retained earnings 14,600
Explanation:
The retained earnings statement shows the movement in the retained earnings balance between the start and end of the year.
This includes the net earnings and dividend paid during the year.
Net income = $30,000 - $15,000 - $2,000 - $4,500 - $500 - $1,000
= $7,000
Calculating CLV is most helpful for Assessing the viability of any pricing strategy.
The correct option is B
What is customer lifetime value?
The total amount of money a client is anticipated to spend with your company or on your products over the course of an average business relationship is known as customer lifetime value.
If you can reach a CLV that is between three and five times your cost per new customer, it is a good range. Therefore, you should strive for a CLV of at least $450 if you are investing an average of $150 in acquiring a new customer.
The formula for customer lifetime value is: CLV = Average Transaction Size x Number of Transactions x Retention Period.
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I understand that the question you are looking for is:
Calculating CLV is most helpful for which of the following?
(A) Opening a new retail location
(B) Assessing the viability of any pricing strategy
(C) Estimating demand for a product
(D) Calculating research investment for a new product