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Zarrin [17]
3 years ago
7

Dan is responsible for developing the promotional campaign for under armour’s new line of footwear for teens. he will be writing

advertising campaign objectives that are aimed at making the target customers' attitudes more favorable toward under armour, which should be stated in ____ terms.
Business
1 answer:
Norma-Jean [14]3 years ago
8 0
The answer that best fits the blank provided above is the term COMMUNICATION. Since the main responsibility of Dan is to create a promotional campaign for a new line of footwear in Under Armour, he should state this in communication terms in order to target customers' attitudes for a favorable response.
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produces sports socks. The company has fixed expenses of $ 75 comma 000$75,000 and variable expenses of $ 0.75$0.75 per package.
8090 [49]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price= $1.5

Unitary variable cost= $0.75

Fi<u>rst, we need to calculate the unitary contribution margin:</u>

<u></u>

Contribution margin= selling price - unitary variable cost

Contribution margin= 1.5 - 0.75

Contribution margin= $0.75

<u>Now, we can calculate the contribution margin ratio:</u>

contribution margin ratio= contribution margin/selling price

contribution margin ratio= 0.75/1.5

contribution margin ratio= 0.5

7 0
3 years ago
You are saving for a Porsche Carrera Cabriolet, which currently sells for nearly half a million dollars. Your plan is to deposit
nordsb [41]

Answer:

a.) $217,298.44

b.) $253,514.84.

c.) $239,061.37 .

Explanation:

<u>a. Determine how much you will have saved after 10 years</u>

This is an ordinary annuity question and you are required to find the Future value (FV) at year 10. Using a financial calculator, key in the following inputs;

Total duration of investment; N = 10

Recurring payment; PMT = -15,000

Interest rate ; I/Y = 8%

PV = 0

then compute Future value;  CPT FV = 217,298.437

Therefore, in 10 years, you will have saved $217,298.44 which does not meet your goal of half a million dollars.

<u>b. Determine the amount saved if you were able to deposit $17, 500 each year.</u>

With the recurring payment increasing to 17,500 per year and the interest rate remaining at 8%, find the new Future value by keying in the following inputs;

Recurring payment; PMT = - 17,500

Interest rate ; I/Y = 8%

Total duration of investment; N = 10

PV = 0

then compute Future value;  CPT FV = 253,514.843

Therefore, in 10 years, you will have saved $253,514.84.

<u>c. Determine the amount saved if you deposit $15,000 each year, but with 10 percent interest.</u>

It is still an ordinary annuity question , however, the recurring payment(PMT) will be 15,000 as before but with an annual interest rate(I/Y) of 10%.  Using a financial calculator, key in the following inputs;

Total duration of investment; N = 10

Recurring payment; PMT = -15,000

Interest rate ; I/Y = 10%

PV = 0

then compute Future value;  CPT FV = 239,061.369

Therefore, in 10 years, you will have saved $239,061.37 .

7 0
3 years ago
A company deposits $2,378 in a bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5
anygoal [31]

Answer:

Final Value= $61,037.04

Explanation:

Giving the following information:

Investment= $2,378 in a bank at the end of every year for 10 years.

The company makes no deposits during the subsequent 5 years.

Interest rate= 10%

First, we need to calculate the first 10 years.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,378*[(1.1^10)-1]} / 0.1

FV= $37,899.20

Now, the 5 years:

FV= PV*(1+i)^n

FV= 37,899.2*(1.1^5)

FV= $61,037.04

7 0
3 years ago
3.
erastova [34]

Answer:A

Explanation:

3 0
3 years ago
What does FEMA stand for
mote1985 [20]
If you are talking about what I am thinking... FEMA means (Federal Emergency Management Agency<span>) </span>
6 0
3 years ago
Read 2 more answers
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