ZuoTi.Pro
Question

During the past 6 months, 15 of an Australian-based company’s customers have left to do business...

During the past 6 months, 15 of an Australian-based company’s customers have left to do business with one of its competitors. During the same time, the company has started doing business with 25 new customers. The average revenue that outgoing customers generated was $1000. The average revenue that new customers generate was $500. How many more customers generating the average revenue for new customers does the company need to account for the difference between the revenue for ongoing and new customers?
business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

AnsuveY o change in the amount et avenue nq castomes, they ore not considees or The Com enie ene TOta Povenue gene $ 12,SOO eiffe, enca İnte nou eue f nextd byold.adgoin ence in Teuesue generatedl んvenue acnev nes Cautomev

1 0
Add a comment
Know the answer?
Add Answer to:
During the past 6 months, 15 of an Australian-based company’s customers have left to do business...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • For the first six (6) months your Grapefruit Juice Company is in business----to give you time...

    For the first six (6) months your Grapefruit Juice Company is in business----to give you time to perfect your product and to learn from actual customer---you will start marketing and selling in your own community, a radius of twenty-five (25) miles from where you live Write the two or three (2-3) page Marketing Plan & Sales Strategy section of your business plan, in which you: .1) Define your Company’s target Market: A) Analyze the types of consumers who will be...

  • Read the attached case and answer the following questions After 10 years in business, John Shurtman...

    Read the attached case and answer the following questions After 10 years in business, John Shurtman has determined that it is time to hire a sales representative. As the founder and president of United Fleet Service (UFS), John has been the main driver of new business sales for the company. However, as UFS has grown, John has found that he must spend more time on planning and administration, leaving little time to generate new sales leads or call on potential...

  • Read the attached case and answer the following questions After 10 years in business, John Shurtman...

    Read the attached case and answer the following questions After 10 years in business, John Shurtman has determined that it is time to hire a sales representative. As the founder and president of United Fleet Service (UFS), John has been the main driver of new business sales for the company. However, as UFS has grown, John has found that he must spend more time on planning and administration, leaving little time to generate new sales leads or call on potential...

  • (6 marks) "The past eight months have been devastating for Hong Kong's food and beverage industry...

    (6 marks) "The past eight months have been devastating for Hong Kong's food and beverage industry as a result of anti-government protests and now, the coronavirus outbreak. A slew of fine dining restaurants have temporarily closed - the most recent being John Anthony, Theo Mistral by Theo Randall, Gaddi's, Chesa and LH Group's hotpor outlets, as well as many in Macau. Meanwhile, Hunter & the Chase, Bibo and Root Central are among the restaurants in Hong Kong to have closed...

  • Case Study: PackCo PackCo is an Australian-listed company that manufactures packaging products. PackCo services customers that...

    Case Study: PackCo PackCo is an Australian-listed company that manufactures packaging products. PackCo services customers that are mainly food and beverage producers. The company currently operates in Australia, New Zealand and USA, and employs more than 6,000 staff. With its head office in Melbourne, Victoria, PackCo is listed on the Australian Stock Exchange and operates a number of production facilities in Australia, mainly in Victoria and South Australia. Since its inception, the company has grown steadily with revenues reaching almost...

  • You have owned the Shocker Pens, Inc. Company for three years and business is going great....

    You have owned the Shocker Pens, Inc. Company for three years and business is going great. It is time to do your quarterly Income Statement for the period 1 October – 31 December. The above blank Income Statement needs to be completed to show the Company’s Sales Revenue – Expenses = Profits. Here is the info you need to complete this exercise. You start by adding up your sales for 3 months and find out that sales total $750,000 and...

  • During the past six months, Mr. Seth Koranteng, Director of Transport for Atiwaa Metals and Electronic...

    During the past six months, Mr. Seth Koranteng, Director of Transport for Atiwaa Metals and Electronic Group Limited (AMEG), a company with two groups, Aluminum and Coper mining company and Electronic Manufacturing and Retailing with operations in eight regions, has been soliciting bids for the movement of ‘tool alloy’ used for manufacturing tools and related products. Tony’s goal is to reduce the shipping cost of this high-value alloy as well as reduce issues of pilfering. The supplier is located in...

  • Background: During your first business class, you saw the opportunity to bring white paper squares to...

    Background: During your first business class, you saw the opportunity to bring white paper squares to the Salisbury University market. On a whim, you started manufacturing low quality, thin, white, flexible squares of paper. Shockingly, your business took off and the company was successful in competing in a saturated market. Seeing the need for diversification, you launched a new specialty product with the hope of increasing sales and setting the business apart. With moderately good recording keeping and a solid...

  • ABC Company - Biographical Information ABC Company is a family owned business which Jonathan started 15...

    ABC Company - Biographical Information ABC Company is a family owned business which Jonathan started 15 years ago, issuing 900 shares of the 1000 authorized, at a par value of $100 a share. ABC Company is a small manufacturer which produces ladies’ sports apparel. The business has employed as many as 30 people; however, sales have slipped the last three years, according to Jonathan, due to competition in the marketplace, and the economy. Currently, the business employs nine people, including...

  • Case Study 1: Apple Merging Technology, Business, and Entertainment Why are data, information, business intelligence, and...

    Case Study 1: Apple Merging Technology, Business, and Entertainment Why are data, information, business intelligence, and knowledge important to Apple? Give an example of each type in relation to the iPad. (1 Mark) Explain how Apple achieved business success through the use of information, information technology, and people. (1 Mark) Evaluate how Apple can gain business intelligence through the implementation of a customer relationship management system. (1 Mark) Case Study 1: Apple Merging Technology, Business, and Entertainment This might sound...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT