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1 year ago

What factors are used in the rule-of-thumb methods to determine the communication budget?.

1 answer:

3 0

The factors that are used in the rule-of-thumb methods to determine the communication budget is "Prior sales and communication activities".

<h3>What is rule-of-thumb method?</h3>

The rule of thumb would be a cognitive guideline that offers basic guidelines or guidance that is distilled for a certain topic or course of action.

Some characteristics of rule-of-thumb are-

A general rule of thumb an unofficial practical guidance that offers streamlined rules that generally apply.
Numerous financial rules of thumb provide advice on how much should be saved, how much should be paid for a home, where and how to invest, and other topics.
Rules of thumb may not apply to your specific scenario because they not scientific and don't take into consideration the unique circumstances and demands of each individual.
It is a fundamental principle that provides step-by-step guidelines for carrying out or handling a specific task.
In contrast to scientific study or a theoretical underpinning, rules of thumb typically emerge through experience and practice.

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Why would firms that rely heavily on credit sales find factoring attractive?

lorasvet [3.4K]

From my understanding, factoring is a specific transaction in which a business sells its invoices to a factor, which is a third party commercial financial company. This process is completed so that the business can get cash quicker than it would to wait for a customer’s payment. With factoring, a company will have more<span>more more flexibility because the funds are not restricted, rather than having to deal with a typical bank loan</span><span />

5 0

2 years ago

2700 thousand bonds with a face value of $1000 each, are sold at 106. The entry to record the issuance is

IceJOKER [234]

Date, bonds sold at a premium

Dr Cash $28620000000

Cr Bonds payable $2,700,000,000

Cr Premium on bonds payable $1,62,000,000

Explanation:

The total face value of the bonds is $1,000 x 2700,000 bonds = $2,700,000,000

since the bonds were sold at 106, their price was =

$2,700,000,000 x 106% = $28620000000

the difference between the face value and the actual market price = $2,862,000,000 - $2,700,000,000 = $1,62,000,000 must be recorded as premium on bonds payable (increases the bonds' carrying value)

<h3>What is the difference between market value and face value?</h3>

The market value is the actual price at which the security trades on the open market, as well as the price that fluctuates when the yield reacts to changes in interest rates.

The face value is determined by the issuing company. It may be the value at which the firm redeems the shares at some point in the future, but there is no guarantee.

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7 0

1 year ago

Which of the following is true of random lead generation? Random lead generation is used when there is an existing database of n

Klio2033 [76]

Answer:Random lead generation can be carried out by employing mass appeals and advertising.

Explanation:

4 0

2 years ago

Read 2 more answers

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabil

BARSIC [14]

Answer:

center of gravity.

Explanation:

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's center of gravity.

Generally, the center of gravity of a company is usually the point at which it started business. The center of gravity of a company defines its strengths, success, achievement and dominant operations.

For any successful business, there is always a center of gravity. This is the point or stage where all of the strategic decisions, greatest expertise, risks management and capabilities lie.

<em>Hence, should there be an error, disagreement or disarray at the center of gravity, then the company is headed for losses and bankruptcy. </em>

8 0

2 years ago

A publicist's compensation package includes the total cost of a $180-per-

natima [27]

Answer:

D. $44,580

Explanation:

Here we want to find the yearly value of the compensation package.

To order to do so, we have to add the various terms. We have:

$t_1=\$42,000$ salary per year