1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nikklg [1K]
3 years ago
5

Despite its name, Choco Central is located in a small shopping center far from customers. However, the company enjoys outstandin

g business because satisfied customers share their enjoyable experiences at Choco Central with their friends and relatives. Choco Central apparently benefits from positive:________a. trade advertising.b. word of mouth.c. sales promotion.d. public relations.
Business
1 answer:
ANTONII [103]3 years ago
7 0

Answer:

b. word of mouth

Explanation:

Word of mouth -

It refers to method of spreading any information orally from one person to another , is referred to as word of mouth .

The method is very efficient and accurate for the company , as it increases the marketing of the goods and services without the use of any efforts from the company .

As people tries to inform people in the neighbourhood and relatives about any good product and influences the other person to buy the same .

Hence , from the given scenario of the question ,

The correct option is b. word of mouth .

You might be interested in
Wildhorse, Inc., a resort management company, is refurbishing one of its hotels at a cost of $6,336,382. Management expects that
Xelga [282]

Answer and Explanation:

The computation of the IRR is shown below:

<u>Year       Particulars       Amount (in $) </u>

0            Initial cost             -6,336,382

1 Year 1 cash inflows 1,460,000

2 Year 2 cash inflows 1,460,000

3 Year 3 cash inflows 1,460,000

4 year 4 cash inflows 1,460000

5 Year 5 cash inflows 1,460,000

6 Year 6 cash inflows  1,460,000

IRR                                         10.12%  

Perform the IRR formula i.e.

= IRR() in excel

Now the net present value is

= Present value of cash inflows - initial investment

= ($1,460,000 × 4.1114) - $6,336,382

= $6,002,644 - $6,336,382

= -$333,738

The 4.1114 is the PVIFA factor of 6 years at 12%

hence, the Wildhorse should not go ahead with the project

5 0
2 years ago
Last month you assumed the position of manager for a large car dealership. The distinguishing feature of this dealership is its
ELEN [110]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

8 0
3 years ago
Which of the following is most likely to have inelastic demand?
iren [92.7K]
I think the answer is A
6 0
2 years ago
Over the first four years of the company's life, the company earned the following net income (loss): S $3,000; $6,000, and ($2,0
Klio2033 [76]

Answer:

The answer is D.

Explanation:

Total earnings in 4 years

= 6000 + 3000 + 6000 - 2000

= $13,000

Ending retained earnings after 4 years

= $10,000

Total amount paid out as dividend in 4 years

= $13,000 - 10,000

= $3,000

Average amount of dividends paid per year

= $3,000/4

= $750

5 0
3 years ago
Adair Valley issued $20,000,000 of general obligation bonds to construct a multipurpose arena. These bonds will be serviced by a
Arlecino [84]

Answer: Please see explanation column for answer.

Explanation:

a) Journal entry to record the budget

Account                                           Debit                     Credit

Estimated   Revenues         $2,500,000

Appropriation                                                        $2,000,000

Budget fund                                                           $500,000

Calculation    

Budget fund= Estimated Revenues-Appropriation   = $2,500,000- $2,000,000= $500,000

b) Journal entry to record the  the expenditure when the interest comes due for payment.

Account                                           Debit                     Credit

Expenditure Interest              $2,000,000

Matured Interest payable                                            $2,000,000

7 0
3 years ago
Other questions:
  • Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. The equilibrium wage prior t
    14·1 answer
  • Discuss whether the following are included in the GDP: 1) Tires Ford buys to put on a car. 2) A used tire you buy for your perso
    6·1 answer
  • Which of the following will increase investment spending
    9·1 answer
  • When a hurricane rips through florida, the price of oranges rises because the:
    14·1 answer
  • Since the great recession, americans' primary _____ have been rising costs and stagnant income.
    13·1 answer
  • Presented here are long-term liability items for Skysong, Inc. on December 31, 2017.
    13·1 answer
  • 1. HOW DO ETHICS AND MORALS INFLUENCE PERSONAL AND COMMUNITY VALUES?
    8·1 answer
  • For an individual business owner, which of the following would typically be classified as a capital asset for federal income tax
    6·1 answer
  • As a Cost and Management Consultant in the banking industry in Ghana, one of your highly esteemed clients, a top tier banking in
    8·1 answer
  • Marigold Corp. bought a machine on January 1, 2011 for $806000. The machine had an expected life of 20 years and was expected to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!