Answer:
Department 1: $34,800
Department 2: $56,840
Department 3: $24,360
Explanation:
Statement showing allocation of advertisement expenses based on departmental sales:
Department 1:
Percentage of Total sales = (Department 1 sales ÷ Total sales) × 100
= ($273,000 ÷ 910,000) × 100
= 30%
Allocated amount:
= Percentage of Total sales × Advertising costs
= 30% × $116,000
= $34,800
Department 2:
Percentage of Total sales = (Department 2 sales ÷ Total sales) × 100
= ($445,900 ÷ 910,000) × 100
= 49%
Allocated amount:
= Percentage of Total sales × Advertising costs
= 49% × $116,000
= $56,840
Department 3:
Percentage of Total sales = (Department 3 sales ÷ Total sales) × 100
= ($191,100 ÷ 910,000) × 100
= 21%
Allocated amount:
= Percentage of Total sales × Advertising costs
= 21% × $116,000
= $24,360
Answer:
The statement is true as well as correct
Explanation:
Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.
And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.
Answer:
The correct answer is: Build-up approach
.
Explanation:
The Build-up approach estimates the sales potential of the company by calculating how much of a product could be purchased in a given period by a potential buyer in a specific geographic region. The calculation is then multiplied by the number of potential customers, adding the sum of all the considered geographic areas.
A variance of risk in a portfolio of stocks can be reduced when the correlation among the stocks or two stocks is negative.<span> In reality, perfect negative correlation is difficult to attain (if not impossible). A company must split its assets or attempt to find several assets that respond to different forces in the economy. When one asset is losing, there’s a good chance that the other one is gaining. </span>
Answer:
a. total money ; quantity of money
Explanation:
Money multiplier
Under the fractional - reserve banking system , the closely related ratios of the commercial bank money to the central bank money or the monetary base , is called the money multiplier .
It measures the maximum amount of money , that a commercial bank can make , on ignoring leakage in the currency by the non - bank public .
The value of money multiplier can be calculated as the total money in present in the economy , divided by the original quantity of money .