1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shtirlitz [24]
3 years ago
5

A large beer company previously had a yearly budget of $50 million per year for advertising but increased the budget to $60 mill

ion in order to run a commercial during the Super Bowl. That year revenues increased by 1%. Should the beer company continue with the increased advertising budget?
Business
1 answer:
ella [17]3 years ago
4 0

Answer:

Yes they can continue advert but only if the 1% is equivalent or greater than the 10$ spent on advert.

Explanation:

There is an increase in revenue by 1%, this indicates that a number of people were attracted to the product because of the advert. With this the company might do better with consistent advert in subsequent year. They can change the channel of advert, improve on the quality of advert or change the time and location of the advert. Infarct, the 1% increment in revenue can be up to 20$ since we are not sure of the exact company's revenue. But if the 1% is far lower than the amount spent, the company can seek advice from professionals.

You might be interested in
The following is selected financial information for Osmond Dental Laboratories for 2021 and 2022: 2021 2022 Retained earnings, J
Anettt [7]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.  

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $52,000 + $34,000 - $12,000

= $74,000

And, the ending balance of the common stock = Beginning balance of common stock + issued shares  

= $71,000 + $20,000

= $91,000

The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below:

6 0
3 years ago
In the Overview tab of the Client List, what filter can be applied to only show clients assigned to a specific team member?
Allisa [31]

The filter that can be applied to only show clients assigned to a specific team member is the Client list lead filter. This is further explained below.

<h3>What is a Client List?</h3>

Generally, a client list can be defined as a list of selected, prequalified, and potential clients' names, addresses, and contact information.

In conclusion, the Client list lead filter can limit your client list to only those assigned to you or a member of your team.

Read more about Filter

brainly.com/question/8721538

#SPJ1

7 0
2 years ago
The ____________ of the note is the one that signed the note and promised to pay at maturity. the (maker/payee) of the note is t
Aleksandr [31]

The (maker/signer) of the note is the one that signed the note and promised to pay at maturity. The (maker/payee) of the note is the person to whom the note is payable.

A note that the maker has neglected to settle upon maturity is referred to as a dishonored note. The note is removed from notes receivable since it has matured, and the payee or holder reports the amount owed in accounts receivable. At the note's maturity date, the maker is obligated to pay the principal and interest.

Bad debt costs. Customers with (Bad/Invalid)(Collectible/Debts) accounts fail to honor their payment obligations. It is regarded as a cost associated with selling on credit. An amount owed by another party is known as a receivable.

To learn more about maturity from the given link.

brainly.com/question/28039417

#SPJ4

7 0
1 year ago
True or False: The purpose of a Sprint is to produce a valuable and useful Increment of working product.
melamori03 [73]

Based on the business management system, it is <u>True</u> that the purpose of a Sprint is to produce a valuable and useful Increment of working products.

<h3>What are Sprints?</h3>

Generally, Sprints is a brief, time-boxed period utilized by the scrum team to complete a set amount of work rapidly.

Sprint as a time-box of a month or less is used by working teams to enhance their working activities.

Hence, in this case, it is concluded that the correct answer is "<u>True</u>."

Learn more about Sprints here: brainly.com/question/5776421

7 0
3 years ago
Why would banks offer higher interest rates for savings and checking accounts? A) To encourage people to spend money in the econ
katen-ka-za [31]

Banks offer higher interest rates for savings and checkings accounts C) to encourage people to put money in savings and checking accounts. By offering money back for the amount of money put into a savings or checking account it creates a habbit for people to open these accounts and deposit their money into them. It allows the bank to 'own' the money and it allows those with the accounts to make some money while it's deposited in there.

3 0
3 years ago
Other questions:
  • On the balance sheet, total assets must always equal the sum of total liabilities and equity. True False
    14·1 answer
  • 1. Oxygen, Inc. reports the following information: Units produced 2,500 units Units sold 2,000 units Sales price $200 per unit D
    8·1 answer
  • Problem 10-9 (Algo) Interest capitalization; specific interest method [LO10-7] On January 1, 2021, the Mason Manufacturing Compa
    7·1 answer
  • Suppose you invested $58 in the Ishares Dividend Stock Fund​ (DVY) a month ago. It paid a dividend of $0.65 today and then you s
    11·1 answer
  • Daria, age 28, is very short, has an abnormally small jaw, and her neck has extra folds of skin. She has never ovulated and has
    13·1 answer
  • 5. Find an example of a video ad either on TV or on the Internet, and then answer the
    12·1 answer
  • Assume an investor purchases the net assets of an investee for the cash purchase price is $50,400. The investor is willing to pu
    5·1 answer
  • LanWan Software earned net sales revenue of $62,000,000 in 2016. Cost of goods sold was $41,540,000​, and net income reached $9,
    14·1 answer
  • In a perfectly competitive​ market, all of the following statements are true​ except: A. Marginal revenue is the same as price.
    13·1 answer
  • Join the discord of my friend: aYsMnZEj
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!