A customer buys 100 shares of preferred at $101 per share. the par value is $100. the dividend rate is 8%. each dividend payment will be $800.
What is the customer?
- In sales, trade, and economics, a customer is a person who receives an item, service, product, or idea from a seller, vendor, or supplier in exchange for money or another useful consideration.
- A customer is also referred to as a client, buyer, or purchaser.
How significant is a client?
- Your customers are the most crucial aspect of your business, no matter what sector you operate in or what products and services you offer.
- There are no sales without the customer.
- They therefore play a crucial role in creating your marketing strategy and messaging.
Learn more about customer here:
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