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3 years ago

How do advertisers create buzz about their ads, even before the game is broadcast?

1 answer:

8 0

They do this by announcing press conference or giving out a short teaser for their game.
This technique is to build up people's interest in their products. Giving out teaser or press conference will display their product on the consumers' radar so they could start to develop their anticipation of the product.

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Which of the following is true of services?

Ksju [112]

Answer:

The correct answer is option C.

Explanation:

Services can be defined as those intangible and nonphysical products that are used to derive a certain level of satisfaction or utility.

Services are different from goods in several ways. Firstly, unlike goods they are intangible. Secondly, they cannot be stored in inventories. Thirdly, they have to be consumed immediately as produced.

The examples of services are insurance, haircut, medical care, etc.

8 0

3 years ago

Vaughn Manufacturing purchased machinery for $980000 on January 1, 2017. Straight-line depreciation has been recorded based on a

Tresset [83]

Answer:

selling price= $199,633

Explanation:

First, we need to calculate the book value at the moment of the sale:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (980,000 - 56,500) / 5

Annual depreciation= $184,700

Accumulated depreciation= (4*184,700) + (184,700/12)*4

Accumulated depreciation= $800,367

Book value on May 1st:

Book value= purchase price - accumulated depreciation

Book value= 980,000 - 800,367

Book value= $179,633

Now, if the company makes a profit, the selling price was higher than the book value:

Gain= selling price - book value

20,000= selling price - 179,633

selling price= $199,633

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3 years ago

XYZ Company has issued 10%, $100 par non-cumulative preferred stock. Two years ago, XYZ omitted its preferred dividend. Last yea

strojnjashka [21]

Answer:

In order to make the distribution to common shareholders, each preferred share must be paid a dividend of:

$5 per share.

Explanation:

The preferred stock is non-cumulative. This implies that XYZ's preferred stockholders are not being owed for the previous two year's dividend that was not paid. Non-cumulative preferred stock does not attract dividend arrears whenever it was not declared. It is cumulative preferred stock that attracts such arrears to be carried forward until they are paid.

4 0

4 years ago

You have just obtained a mortgage to purchase your home. The ________ that you paid to obtain the loan are charges that must be

garik1379 [7]

Answer:

Points

Explanation:

Mortgage points or discount points are prepaid interest available when obtaining a mortgage.

When a lender charges the borrower points he is in effect increasing the yield on the loan above the interest rate agreed on the loan.

Borrowers can also offer points to the lender to obtain a reduced interest rate and reduced monthly payment in exchange for upfront payment of points.

8 0

4 years ago

Nelter Corporation, which has only one product, has provided the following data conceming its most recent month of operations:

mixer [17]

Answer:

Part a

Nelter Corporation

Contribution format income statement for the month using variable costing

Sales ($108 x 3,000) $324,000

Less Cost of Sales ($138,000)

Contribution $186,000

Less Expenses

Fixed manufacturing overhead $64,530

Fixed selling and administrative $9,000

Variable selling and administrative (14 x 3,000) $42,000 ($115,530)

Net Income (loss) $70,470

Part b

Nelter Corporation

Income statement for the month using absorption costing

Sales ($108 x 3,000) $324,000

Less Cost of Sales ($219,000)

Gross Profit $105,000

Less Expenses

Fixed selling and administrative $9,000

Variable selling and administrative (14 x 3,000) $42,000 ($51,000)

Net Income (loss) $54,000

Explanation:

Calculation of Ending Units

Beginning Inventory 955

Add Production 2,390

Total Available for Sale 3,345

Less Sales (3000)

Ending Inventory 345

Variable Costs Calculations

Product Cost = Variable Manufacturing costs

= $25 + $20 + $1

= $46

Cost of Sales = units sold x product cost

= 3,000 x $46

= $138,000

Absorption Cost Calculation

Product Cost = Variable Manufacturing costs

= $25 + $20 + $1 + ($64,530 / 2,390)

= $25 + 20 + $ 1 + $27

= $73

Cost of Sales = units sold x product cost

= 3,000 x $73

= $219,000

8 0

3 years ago