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3 years ago

In most cases, what is the most expensive promotion tool?

Business

1 answer:

REY [17]3 years ago

6 0

Answer: (B) Personal selling

Explanation:

The person selling is basically refers to the two-way communication process in which we sell our products and the services face to face to the customer.

The personal selling is also known as the interaction form of selling the products to the user.

The personal selling is one of the most expensive promotion tool as it is hardly used for advertising the products. It mainly involve spreading the information regarding the specific organization products and the services.

Therefore, Option (B) is correct.

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Fern motors is offering a rebate on cars purchased this month. this activity involves the ____ ingredient of the marketing mix.

saveliy_v [14]

Answer:

Pricing

Explanation:

4 ingredients of marketing mix are Pricing, Product, Place and Promotion(the 4Ps).

Pricing- is for determining the value that is put on a product including rebates. Deciding the correct intrinsic value of a product puts a lot of factors into consideration like the target market, the consumer willingness to pay, whether it is sufficient enough for the company to make a profit out of it.

Product - answers the what; the actually good or service being offered for sale.

Place- answers the where; the location of product so customers can buy it.

Promotion- any activities to inform the target market that the product exist, how to use it etc. this includes advertisement, word of mouth among others.

6 0

3 years ago

The Real Estate Settlements and Procedures Act (RESPA) applies to: Select one: A. those parties who are indirectly related to a

ad-work [718]

Answer:

D. all residential mortgages for occupancy only.

Explanation:

The act applies to the loan purchases, property investments and equity lines of credit. It proves brokers to give disclosure of borrowers regarding the real estate.

8 0

3 years ago

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $3

Zepler [3.9K]

Answer:

The entry will be:

May 3

Dr Allowances for doubtful debt 3,700

Cr Account Receivable 3,700

(to record written-off of receivables)

Explanation:

As the company uses the allowance method of accounting for uncollectible accounts, the company would actively review and book bad debt expenses for any debt in doubt of collection. The entry would be: Dr Bad Debt Expenses & Cr Allowance for doubtful debt.

When there is sufficient evidences that these debts go default, no more expenses will be recorded, instead, the account receivable will be written off ( Cr) with the offsetting entry is Dr Allowance for doubtful debt.

4 0

3 years ago

$ available at today is worth more than the same amount if received in the future

Kitty [74]

Answer:Money received today can grow at compound rate.

Explanation:

The time value of the money increases based on the interest rates. So dollar earned today has more value than dollar earned tomorrow. The time value of money concept is used in financial decision making. If $1 is received today it can be invested and the rate of interest on that investment is an added value to $1.

Money can earn interest so any amount of money received today is better than receiving the same amount in the future.

3 0

3 years ago

Reese, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received

Alenkasestr [34]

Answer:

a. $44,200

b. $44,684

Explanation:

To calculate after-tax costs we just need to deduct the tax saving amount from the pre-tax amount. The tax saving amount can be calculated bt multiplying the pre-tax amount into the tax rate

Requirement A (If she pays the $65,000 in December)

After-tax cost = Pre tax cost - PV of tax saving

After-tax cost = 65,000 - 20,800

After-tax cost = $44,200

working

Tax saving = $65,000 x 32%

Tax saving = $20,800

Requirement B (If she pays the $65,000 in January)

After tax cost = $65,000 - $20,315

After tax cost = $44,684

working

Tax saving = $65,000 x 35%

Tax saving = $22,750

Pv of tax saving = $22,750 x 0.893

Pv of tax saving = $20,316

7 0

3 years ago