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gtnhenbr [62]
3 years ago
11

As an advertising manager of a company, you have been asked to write out a proposal stating why the company should advertise and

it’s benefits to the company
Business
1 answer:
e-lub [12.9K]3 years ago
3 0

Answer:

Advertising

Explanation:

Considering the present market conditions in which this organization operates I propose to the Company Board that the organization starts advertising on various platforms considering the following reasons:

1. Increase Profit:

When we advertise, we create more sales which in turn leads to an increase in profits.

2. Market share:

The market share for this the company expands as a result of increased customers; due to advertising.

3. Builds Goodwill:

As the company becomes a very popular company because of growing advertising it will increase the trust if customers coming.

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Marquez purchased some equipment for $58,750 on August 15, 2018. He decided he did not need the equipment so he sold it on June
Alina [70]

Answer:

Marquez will recognize a gain of $4714

Explanation:

The gain or loss on disposal of a fixed asset is calculated by deducting the carrying value of an asset from the sales proceeds. If the carrying value is higher than the cash received from the sale, there is a loss on disposal and vice versa.

The carrying value of an asset is,

Carrying value = Cost - Accumulated depreciation

The carrying value for Marquez's equipment is,

Carrying value  = 58750 - 6964  =  $51786

The gain/loss on sale is = 56500 - 51786  =  $4714 Gain

7 0
3 years ago
Read 2 more answers
Identify which of the following statements are true for the corporate form of organization. 1. Ownership rights cannot be easily
Nat2105 [25]

Answer:

1.Owners are not agents of the corporation- True Managers and directors are the agents of the owners of the corporation. What owners do is not always on behalf of the corporation.

2. It is a separate legal entity.- True Corporate enjoy separate existence. Their assets and liabilities are different from that of their owners.

3. It has a limited life.- False Corporations have unlimite life. They continue to function even after the death of their owners.

4. Capital is more easily accumulated than with most other forms of organization.- True If a corporation needs capital, it cal raise money by issuing shares in the open market. People invest if the prospects are good and the company can gather more funds whenever required. It is also easier for a corporation to acquire loans.

5. Corporate income that is distributed to shareholders is usually taxed twice- True First the Income of the company is taxed which in a way..

6 0
3 years ago
Read 2 more answers
Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $2.05 at the end of the year. Its div
Sonja [21]

Answer:

The expected rate of return is 14.29%.

Explanation:

The re-arranged equation of DDM for Expected Rate of Return is given below:

Expected Rate = (Next Year Dividend / Current Stock Price) + Growth Rate

where

Next Year Dividend is Current Year Dividend * (1 + growth rate)

⇒ Next Year Dividend = 2.05 * (1 + 6.50%) = $2.18.

All the other values are given in the question. Simply put those values in the equation:

⇒ Expected Rate of Return = (2.18 /28) + .065 = .1429 = 14.29%.

4 0
3 years ago
Prior to recording the following, Elite Electronics, Incorporated, had a credit balance of $2,000 in its Allowance for Doubtful
OleMash [197]

Elite Electronics, Incorporated

JOURNAL ENTRY :

Aug 31

Dr Allowance for Doubtful Accounts a/c 300

Cr Account Receivable. a/c 300

( To record write off Account Receivable)

Dec 15

Dr Account Receivable a/c 300

Cr Allowance for Doubtful Accounts 300

( To record reinstate the accounts receivable)

Dec 15

DR Cash a/c 300

CR Account Receivable a/c 300

( To record Payment received)

4 0
3 years ago
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The marginal cost of Alexa's Guide to Street People and Their Pets is constant at $5. Alexa sells 5,000 copies per year at $20 p
ch4aika [34]

Answer:

She must sell 7,500  copies to mantain the profits when price changes to $15.

Explanation:

  • Let's start with a definition of profit or benefit: Benefit=(Price-Cost)\times{Quantity}
  • At the beggining, she obtained a profit of $75,000: She sold 5,000 copies, and she got $20-$5=$15 dollars for each of the 5,000. units sold, which means a benefit of 15\times5,000=75,000 dollars.
  • Then, if she wants to keep the $75,000 profits when prices falls to $15, she must sell more copies:75,000=(15-5)\times{NewQuantity}. Then, the quantity she must sell to mantain the profit constant at $75,000 is New quantity=7,500.
3 0
3 years ago
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