By Providing Customers with the Addresses and Easy Email Access

question 110

Short Answer

By providing customers with the addresses and easy email access between senders and receivers, a shipping company can reduce their customers' costs and ________ customers to their services.

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Definitions:

Fixed Assets

Fixed assets are long-term tangible assets intended for use in the production or supply of goods or services, not easily converted to cash within a year.

Residual Value

The estimated salvage value of an asset after its useful life is over.

Fully Depreciated

Describes an asset that has reached the end of its useful life, with its cost fully expensed against income over its defined accounting period.

Equipment

Tools, machinery, and other durable assets used by a business in its operations to produce goods or services.