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lakkis [162]
3 years ago
13

Defining the communications objectives to be accomplished and then, estimating the costs associated with the performance of the

necessary strategies and activities to achieve such objectives are steps in the _ method of budgeting. A. competitive parity B. payout planning C. return on captial D. return on investment E. objective and task
Business
1 answer:
ra1l [238]3 years ago
6 0

Answer: E. objective and task

Explanation: This is simply the objective and task method of budgeting which uses a build-up approach and defines clearly the communication objectives to be accomplished (isolating advertising objectives) and the estimation of the associated costs of the performance of the required strategies and activities to achieve the communication objectives. This method of budgeting, however, is most difficult to use when the product to be promoted is new to the market.

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Market size and growth of the total U.S. beer market was estimated to be around $106 billion. The total economic impact of the b
RUDIKE [14]

Answer:false

Explanation:

The current gdp of us is estimated to about $21427.1 billion.

So if beer market is estimated to be $106 billion, the percentage is ($106/$21427.1)*100

= 0.004947*100

=0.4947%

0.497% is not up to 2%

6 0
3 years ago
Mark hires Joe's real estate agency to sell his estate, telling Joe he has lost too much money playing the stock market to affor
artcher [175]

Answer:

No.

Explanation:

The contract is no longer valid because of changes in the condition of offer. By the operation of law, the occurrence of certain events will automatically terminate an agency relationship. Since Mark expressly stated that the reason he was selling the estate was because he has lost so much money, any significant cash inflow to Mark apart from the sale of the estate will ultimately affect his decision to sell. As such, the lottery he won is a cash flow and since a vital condition for selling the estate has been breached. The contract is to be declared invalid.

6 0
3 years ago
Which of the following practices would indicate that an employer is trying to overcome a moral-hazard problem with his employees
dsp73

Answer:b) the employer pays his employees year end bonus according to how the business does and his observation of the employees efforts

Explanation: The best payment system to overcome moral- hazard problem by employers is to pay by piece rates.

Piece rates or payment by result system is a payment system where employees are paid in proportion to the efforts and the overall business performance. With this system both employees and employers will be satisfied with the outcomes and will in turn prevent any suspicions from the employees since the system is clearly understood by both parties and a mutual relationship we be created.

4 0
3 years ago
It costs Cool Clothes Company $15 to produce one pair of jeans, but they needed to discontinue production of shirts to focus on
Bond [772]

C) production cost; opportunity cost

7 0
3 years ago
Read 2 more answers
Frozen Ice-cream Corporation (FICC) has the following items for the month of December 2020. Please use this information to answe
Anna35 [415]

Question Completion:

Unearned revenue is assumed to be $1,500 and not $2,000.

Answer:

Frozen Ice-cream Corporation (FICC)

Income Statement for the month of December 2020:

Revenue - Ice-cream sales                  $180,000

Salaries expense          $160,000

Rent expense                 $12,000

Utilities expense              $6,000          178,000

Income before tax                                  $2,000

Income tax (25%)                                         500

Net Income                                             $1,500

Retained earnings (December 1, 2018)    $17,000

Net income                                                  $1,500

Dividends                                                    $1,000

Retained earnings (December 31, 2018) $17,500

FICC's total revenue is $180,000.

Explanation:

a) Data and Calculations:

Trial Balance

Account Titles                      Debit     Credit

Cash                                     $9,000

Accounts receivable            $4,500

Ice-cream inventory            $8,500

Prepaid Insurance               $3,000

Equipment                        $95,000  

Accounts payable                                  $40,000

Unearned revenue                                   $1,500

Note payable (payable in 5 years)       $60,000

Common stock                                           $500

Retained earnings (December 1, 2018) $17,000

Revenue - Ice-cream sales                  $180,000

Salaries expense          $160,000

Rent expense                 $12,000

Utilities expense              $6,000

Dividends                          $1,000

Totals                          $299,000      $299,000

Income tax rate 25%

7 0
3 years ago
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