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Gwar [14]
3 years ago
15

A local newspaper is planning to come up with a special series on the growth of entrepreneurship within the community. Each week

an article featuring a different business owner and his or her success story will be published. For the featured business owners, this type of promotion would constitute _____.
Business
1 answer:
poizon [28]3 years ago
3 0

Answer:

The correct answer is Publicity.

Explanation:

Publicity is the set of strategies with which a company makes its products known to society. Advertising uses media as its main tool, these are so diverse and have so much expansion and impact on the general public that they are essential for commerce in general. If a product is not advertised, people will hardly know it and will refer to it as something of good quality with respect to the name it has. Advertising is a marketing strategy to position products in the global market, their participation in the expansion of companies is accurate and necessary. The corresponding factor used for the diversification of goods and services is referential, but what is sought is that the impact on society is acceptable, to give way to active consumerism.

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Which of the following approaches for calculating the market value of a property involves estimating the dollar value associated
pickupchik [31]

Answer:

c. cost approach

Explanation:

The cost approach is a real estate valuation method in which the price estimated regarding the buyer that have to pay for the property and the same is equivalnet to the cost for creating a buidling.

Here the property value should be equivalent to the land cost also add the construction cost and minus the depreciation expense

So as per the given situation, it is the cost approach that determined the market value of the property

8 0
3 years ago
Transactions related to purchases and cash payments completed by Wisk Away Cleaning Services Inc. during the month of May 20Y5 a
yKpoI14uk [10]

Answer:

Wisk Away Cleaning Services Inc.

a) Purchases Journal

Date         Description                                  Debit                    Credit

May 3       Cleaning Supplies    14                  $200

                Accounts Payable (Brite N’ Shine Products Inc.) 2`1  $200

To record the purchase of cleaning supplies on account.

May 18     Cleaning Supplies   14                    $240

                Accounts Payable (Bio Safe Supplies Inc.)          21      $240

To record the purchase of cleaning supplies on account.

May 20    Electrical Service Expense 53       $110

                Accounts Payable (Bowman Electrical Service)  21      $110

To record the purchase of electrical repair service on account.

b) Cash Payments Journal

Date      Description                                                  Debit         Credit

May 1     Accounts Payable (Safe Supplies Inc.) 21  $345

             Cash Account      11                                                       $345

To record the issue of Check No. 57 in payment.

May 15  Accounts Payable (Bowman Electrical Service)  21  $145

             Cash       11                                                                               $145

To record the issue of Check No. 59 in payment.

May 26 Accounts Payable (Brite N' Shine Products Inc.) 21 $200

           Cash       11                                                                               $200

To record the issue of Check No. 60 in payment.

May 31 Salaries Expense    51                             $5,600

           Cash      11                                                                         $5,600

To record the issue of Check No. 61 in payment of salaries.

Explanation:

Journals are prepared to record transactions.  There are many types of journal.  They are classified according to the type of transactions.  There are purchases journal, sales journal, general journal, cash journal, etc.

6 0
2 years ago
If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years? use
Volgvan

$613.04  will the investment be worth in 12 years.

<h3>What is investment?</h3>

The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.

Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.

To know more about investment follow the link:

brainly.com/question/25300925

#SPJ4

8 0
1 year ago
Sweet Dreams sells 15,000 pillows per year for $25 per unit. Variable cost per unit is $14. Sweet Dreams wants to improve custom
Radda [10]

Answer:  The answer is $27.25

Explanation:

Let x be the price Sweet dreams will charge to earn the profit of $75,000

New sales units = 20,000

New variable cost = $19

We know, Sales - Variable cost - Fixed cost = Profit

Now applying the equation,

 20,000x - (20,000*19) - 90,000 = $75000

 20,000x = $75,000 + 380,000 + 90,000

therefore, x = $27.25

So, Sweet Dreams will charge $27.25 to earn the same profit it is earning now i.e. $75000 per year.

4 0
2 years ago
Wimpy Inc. produces and sells a single product. The selling price of the product is $185.00 per unit and its variable cost is $5
Aleonysh [2.5K]

The formula for the calculation is

<u>CM ratio = Unit contribution margin ÷ Unit selling price </u>

The break-even in monthly dollar sales is closest to $578,100

Explanation:

The formula for the calculation is

<u>CM ratio = Unit contribution margin ÷ Unit selling price </u>

<u></u>

<u>Given that </u>

<u>Selling price of the product=</u>$185.00 per unit

variable cost=$55.50 per unit

fixed expense=$404,670 per month

<u></u>

= ($185.00 per unit − $55.50 per unit) ÷ $185.00 per unit

= $129.50 per unit ÷ $185.00 per unit = 0.70

<u>Dollar sales to break even = Fixed expenses ÷ CM ratio </u>

= $404,670 ÷ 0.70

= $578,100

The break-even in monthly dollar sales is closest to $578,100

7 0
3 years ago
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