Geastern motors auto dealership wanted to estimate the average clv over a 5 year time horizon of a customer who purchases a new vehicle. the average vehicle sells for $25,400 and has a margin of 11%. based on historical averages, 77% of people buying a new vehicle at eastern will return for service 10 times over the next 5 years. though it varies considerably, eastern generates approximately $145 in margin on each service visit after accounting for parts and direct labor costs.

Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.

Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports

What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations