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sdas [7]
3 years ago
14

Cool People Publications focuses their marketing efforts on reaching African-American teenage girls. The firm believes that they

are positioned to profitably serve this group of consumers. Cool People utilizes the strategy of:
a. narrowcasting.
b. target marketing.
c. primary marketing.
d. focus group selection.
Business
1 answer:
Vinil7 [7]3 years ago
7 0
The answer would be : B. Target Marketing

In Target Marketing, the firm planned to expose and delivered to a specific group of people called 'target group' ( this group of people usually have a same characteristic such age, gender, wage level, life style, etc). In this case, the target group is African-American teenage girls
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Charisma, Inc., has debt outstanding with a face value of $6 million. The value of the firm if it were entirely financed by equi
Gnesinka [82]

Answer:

$660,000

Explanation:

According to M & M proportion I with taxes, the value of the levered firm is:

V (Firm) = V (Equity) + V (Debt)

             = $28,400,000 + 0.25(6,000,000)

             = $28,400,000 + $1,500,000

             = $29,900,000

Total market value of the firm:

= Market value of the debt + Market value of equity

= $6,000,000 + stock outstanding × Selling price per share

= $6,000,000 + 415,000 × $56 per share

= $29,240,000

With non-marketed claims, such as bankruptcy costs, we would expect the two values to be the same.

The differences are the non-marketed claims:

Expected bankruptcy costs = $29,900,000 - $29,240,000

                                              = $660,000

4 0
3 years ago
Global Corporation had 58,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors
wolverine [178]

Answer:

Jul-01

Dr Retained Earnings $324,800

Cr Common stock dividend distributable $232,000

Cr Paid-in capital in excess of par value - Common stock 92,800

Explanation:

Preparation of the journal entry to record the dividend declaration is:

Jul-01

Dr Retained Earnings $324,800

(58,000 shares x 20% x $28)

Cr Common stock dividend distributable $232,000

(58,000 shares x 20% x $20)

Cr Paid-in capital in excess of par value - Common stock 92,800

(58,000 shares x 20% x $8)

8 0
3 years ago
What are the basic safety guidelines for using hand tools
Goryan [66]
ALWAYS WEAR EYE PROTECTION.
Wear the RIGHT SAFETY EQUIPMENT for the job.
Use tools that are the RIGHT SIZE & RIGHT TYPE for your job.
Follow the correct procedure for using EVERY tool.
Keep your cutting tools SHARP and in good condition.
DON'T work with OILY or GREASY hands.
7 0
3 years ago
Hosung Company's Cash account shows a balance of $801.65 as of August 31 of this year. The balance on the bank statement on that
Sergio039 [100]

Answer:

$603.65

Explanation:

The correct and accurate cash balance need to be calculated. This is done by preparing a Bank Reconciliation Statement.

Bank Reconciliation Statement.

Balance as per Bank Statement                                                $1,383.00

Add Outstanding Lodgments                                                          $0  

Less Unpresented Checks ($260.50 + $425.10 + $331.00)   ($1,016,60)

Add Error on Bank Statement                                                     $237.25

Balance as per Cash Book                                                          $603.65

therefore,

the adjusted ledger balance of cash as of August 31 is $603.65

5 0
3 years ago
(16-25) more questions:)
lys-0071 [83]

Answer:

16. d?

17. probably b

18. a

19. hmmmmmmmmmm c?

20. b

21. d

22. d

23. c

24. c

25. a

Explanation:

Should all be right? a few im iffy on.... it's been a while

8 0
3 years ago
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