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kicyunya [14]
3 years ago
13

You're been placed in charge of all promotion for a product that has common appeal in different cultures around the world. You'l

l most likely engage in a promotion.
Business
1 answer:
borishaifa [10]3 years ago
5 0

Answer:

True

Explanation:

A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.

For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.

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Pretax accounting income for the year ended December 31, 2021, was $53 million for Truffles Company. Truffles' taxable income wa
Anuta_ua [19.1K]

Answer:

$17,820,000

Explanation:

The amount of tax due to government authorities for the current period is referred to as current portion of income tax expense. It is calculated by product of current or enacted tax rate and taxable income for the period

Taxable income for 2021 = $66million

Enacted or current tax rate for 2021 = 27%

Current portion of income tax expense for 2021 = Taxable income x current tax rate = $66 million x 27% = $17,820,000million

Hence Current portion of income tax expense = $18 million

4 0
3 years ago
Your boss has given you permission to order new office supplies answer
Gre4nikov [31]
Wow! If my boss is this generous, I will first thank him or her. After that, I will make a list of the office supplies I will need to be more productive at work. Note that not all supplies may be granted so don't keep your hopes up. The next thing I'll do is to have him acknowledge the list I made and thank him for giving me this opportunity.

So let us note what we have to do:
1) Thank your boss.
2) List down the office supplies you need.
3) Have your boss authorize the list and thank him or her once again.
4 0
3 years ago
Read 2 more answers
A perfectly competitive firm will produce the quantity of output at which _______ = _______ to determine the profit maximizing o
pishuonlain [190]

Answer:

Price; marginal cost; cost minimizing; output; Cost of production or cost of inputs involved in production

Explanation:

In perfect competition a firm is in equilibrium when its marginal cost of production is equal to the price of its product. The firm will be able to maximize profit or minimize cost at this point.

The demand curve is a horizontal line, which means demand is perfectly elastic. A change in the price will cause the demand to become zero.

The cost mentioned here is the cost incurred to employ inputs in the process of production, which is an explicit cost.

7 0
3 years ago
A 3-year annual coupon bond has coupons of $12 per year starting one year from now and matures in 3 years for the amount $100. T
Ganezh [65]

Answer: Macaulay Duration = 2.6908154485 = 2.69

Explanation:

Macaulay Duration = Sum of Cash flows Present Value/ current bond price

Cash flows: year 1 = $12

Cash flows: year 2 = 12

Cash flows: year 3 = 100 + 12 = 112

Sum of Cash Flow PV = (1×12÷ (1.118)^1) + (2×12÷ (1.118)^2) +(3×112÷(1.118)^3)

Sum of Cash Flow PV = 270.37857712

Current Bond Price or Value = Face Value/ (1+r)^n + PV of Annuity

Current Bond Price or Value = 1000/ (1.118)^3 + (30×(1 - (1+0.118)^-3)/0.118

Current Bond Price or Value  = 100.48202201

Macaulay Duration = 270.37857712 ÷ 100.48202201

Macaulay Duration = 2.6908154485 = 2.69

4 0
3 years ago
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football
natita [175]

Answer:

Find the answers in the explanation section below

Explanation:

The return on equity for each of the partners and the firm in total is the net income for the year divided by average capital invested in the business in the year.

Average capital or equity is the beginning balance plus ending balance divided by 2:

Hockey LP:

Annual net income is $36,664

average equity=($345,000+$381,664)/2=$363,332

return on equity= $36,664/$363,332 =10.09%

Football LP:

Annual net income is $751,612

average equity=($1,414,500+ $2,046,112)/2=$1,730,306

return on equity=$751,612/$1,730,306 =43.44%

Rugged sports:

Annual net income is $788,276

average equity=($1,759,500+ $2,427,776)/2=$2093638

return on equity=$788276/$2093638 =37.65%

6 0
3 years ago
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