Category: general , Asked by: Adrian K. From Canada
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Category: platform by N. Y. From United States
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Category: glossary by Z. Espinoza from Canada
"cost per gross addition " is A ratio used to quantify the costs of acquiring one new customer to a business. Often, the CPGA ratio is used by companies that offer subscription services to clients, such as wireless communication companies and satellite radio companies. These companies often will compare their own CPGA values with competing companies to compare who is better able to attract new customers at a lower cost. Investors will look to compare a company's CPGA over a reporting period, either quarter on quarter, or year over year. Specifically investors will be looking to see if the number is decreasing over these periods. If it is, this could be a sign that the company attracting more customers for the same level of cost or it may show that the company is reducing its costs while attracting the same amount of customers.
Category: glossary by J. Fields from United States
A bill passed during the administration of former U.S. President Franklin D. Roosevelt in reaction to the financially adverse conditions of the Great Depression. The measure, which called for a four-day mandatory shutdown of U.S. Banks for inspections before they could be reopened, sought to re-instill investor confidence and stability in the banking system. The infamous stock market crash, which preempted the Great Depression, put great strain on the U.S. Monetary system. Collective fears of loss of individual savings as a result of bank failures caused massive runs on the banks, which only compounded the problem. Roosevelt's actions helped restore credibility (and thus functionality) to the banking system and the creation of the Federal Deposit Insurance Corporation under this legislation helped provide a more permanent solution.
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