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Irina18 [472]
2 years ago
5

blistre company operates on a contribution margin of​ 30% and currently has fixed costs of​ $550,000. next​ year, sales are proj

ected to be​ $3,100,000. an advertising campaign is being evaluated that costs an additional​ $120,000. how much would sales have to increase to justify the additional​ expenditure?
Business
1 answer:
Ivan2 years ago
8 0

Blistre Company operates on a contribution margin of 20% and currently has fixed costs of $500,000. Next year, sales are projected to be $3,000,000. An advertising campaign is being evaluated that costs an additional $80,000. $400,000 sales increases to justify the additional​ expenditure.

An advertising campaign is a series of commercial messages that percentage a single concept and subject which make up an integrated advertising verbal exchange. An IMC is a platform in which a set of people can organization their thoughts, beliefs, and ideas into one large media base.

What is an advertising campaign?

An advertising campaign campaign is a advertising ad or a fixed of commercials centered at particular target market segments. Their fundamental goal is to increase conversions. The fulfillment of an ad marketing campaign relies upon on the choice of a channel, approach, and approaches.

Why is advertising campaign important?

Advertising campaign are essential because they are able to supply your enterprise a targeted edge when it comes to marketing and advertising. Of path, the intention is not to beat out different companies, but to find the folks who will maximum benefit out of your commercial enterprise.

What makes an advertising campaign successful?

Advertising campaign has the desired qualities of sturdy credibility, high audience attention ranges, and friendly audience reception. It capabilities open-ended communique with questions and answers approximately the product, psychological incentives to purchase, memorability, efficiency and frequency.

Learn more about advertising campaign here :- brainly.com/question/25754542

#SPJ4

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Safety belts usually consist of a lap belt and
Leni [432]
I'd assume it'd be the shoulder belt. What were your options?

4 0
3 years ago
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.2 percent indefinitely
mylen [45]

Answer:

$54.35

Explanation:

The computation of the price per share of the common stock is shown below:

= Next year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $3.23 + $3.23 × 4.2%

= $3.23 + 0.13566

= $3.37

And, the other items would remain the same

So, the price per share is

= $3.37 ÷ (10.4% - 4.2%)

= $3.37 ÷ 6.2%

= $54.35

4 0
3 years ago
Calip Corporation, a merchandising company, reported the following results for October: Sales $427,000 Cost of goods sold (all v
nekit [7.7K]

Answer: $222,800

Explanation:

Given that,

Sales = $427,000

Cost of goods sold (all variable) = $173,400

Total variable selling expense = $21,200

Total fixed selling expense = $18,900

Total variable administrative expense = $9,600

Total fixed administrative expense = $36,300

Variable expenses:

= Cost of goods sold + Variable selling expense + Variable administrative expense

= $173,400 + $21,200 + $9,600

= $204,200

Contribution margin = Sales - Variable expenses

                                  = $427,000 - $204,200  

                                 = $222,800

5 0
3 years ago
The existence of conflict is an inevitable part of group dynamics.true or false
Elden [556K]

Answer:

The statement is true

Explanation:

Group dynamics is a system of processes of psychological and behaviours which is occurring within a social group. As group is of two or more people so they have different behaviour or act upon differently. So, there is existence of conflict is an inevitable or unavoidable is a part of the group dynamics.

It could happen when the group does not agree on single decision or to act in favour.

4 0
3 years ago
For the year ended December​ 31, 2019, Davidson Mart had sales of​ $800,000 and cost of goods sold of​ $600,000. Davidson estima
Anit [1.1K]

Answer:

800,000/600,000=1.33

Profit percentage = 1.33-1=0.33=33%

0.02*800,000=16,000 worth of goods returned

Profit= 0.33*16,000=5280

COGS= 16,000-5280=10,720

Adjusting Entry

                                 Debit                  Credit

Goods returned         10,720

Profit                           5,280

Cash                                                    16,000

Explanation:

3 0
2 years ago
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