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cupoosta [38]
3 years ago
10

Julie is driving down Interstate 95 on her way from New England to Florida and sees a billboard saying "South of the Border Rest

aurant and Motel is just 100 miles away." Julie has never heard of South of the Border before. After seeing the sign, she will most likely need additional exposure to the product before deciding whether to stop at South of the Border. This is an example of _______.
Business
1 answer:
guajiro [1.7K]3 years ago
3 0

Answer:

lagged effect

Explanation:

The lagged effect in advertising refers to a situation where continuous exposure to an advertisement will increase consumer awareness of the advertised product and eventually lead to the purchase of the product.

In Julie's case, it is the first time she sees a billboard advertising the South of the Border Restaurant and Motel, so the lagged effect is not present yet. She would need to see a lot more billboards before starting to consider eating or staying at that place.

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A state provides a city with a grant of $500,000 for a special "meals for the homeless" program. The city will receive payment f
alina1380 [7]

Answer:

When it incurs expenditures under the grant

Explanation:

According to the revenue recognition principle, the revenue is recognized when it is earned plus in this question the matching principle is also applied that refers that when revenue is recognized so at the same time the expenditure should also be recorded i.e on same period the revenue and the expenditure should be matched.

8 0
3 years ago
A company issues $16200000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The
bekas [8.4K]

Answer:

The amount of interest expense which will be recognized in 2020 is $949,681.45.

Explanation:

The following are given in the question:

Bond value = $16200000

Bond interest rate = 5.8%

Proceed from bond = $15825541

Yield rate = 6%

The amount of interest expense which will be recognized in 2020 can now be calculated as follows:

Interest expense for January 1, 2020 to June 30, 2020 = Proceed from bond * Yield rate * (6 / 12) = $15825541 * 6% * (6 / 12) = $474,766.23

Discount amortized during first 6 months = Interest expense for January 1, 2020 to June 30, 2020 - (Bond value * Bond interest rate * (6 / 12)) = $474,766.23 - ($16200000 * 5.8% * (6 / 12)) = $474,766.23 - 469,800 = $4,966.23

Interest expense for July 1, 2020 to December 31, 2020 = (Proceed from bond + Discount amortized during first 6 months) * Yield rate * (6 / 12) = ($15825541 + $4,966.23) * 6% * (6 / 12) = $474,915.22

Interest expense to be recognized in 2020 = Interest expense for January 1, 2020 to June 30, 2020 + Interest expense for July 1, 2020 to December 31, 2020 = $474,766.23 + $474,915.22 = $949,681.45

Therefore, the amount of interest expense which will be recognized in 2020 is $949,681.45.

3 0
3 years ago
Evan believes stratification is important for society. He thinks inequality is good as it motivates the poor to work harder and
tresset_1 [31]

Answer: The correct answer is "a) structural functionalist".

Explanation: Evan's perspective on stratification is most in line with theory of structural functionalist, because this theory establishes that inequalities are functional for society, and argues that the most difficult jobs in any society have the highest incomes, in order to motivate people to fill the necessary roles for the division of labor. Therefore inequality serves social stability.

3 0
3 years ago
Let’s suppose you (USA dealer) imported one Earth Equipment machine from German dealer on March 1, 2017 at € 300,000 each, payab
Pachacha [2.7K]

Answer:

Loss of $7,000

Explanation:

Cost Price of the Machine

In Germany=€300,000

Exchange Rate on March 1, 2017 was 1.16 US$/€

Cost Price in USA=300,000 X 1.16

=$348000

Selling Price of the Machine

= US$350,000

Amount Paid to the dealer on April 1, 2017 at an Exchange Rate of 1.19 US$/€.

=€300,000X 1.19

=$357,000

Since the Cost Price is greater than the Selling Price,

Loss= C.P - S.P.

Loss =357,000-350000 =$7000.

The dealer made a loss of $7,000.

3 0
4 years ago
After the Seller's columns on a Settlement sheet have been subtotaled, to balance the two debit and credit columns, a credit to
sergejj [24]

Answer:

That the seller owes money.

Explanation:

The debit column represents money that is owed to the seller of the property, while the credit column represents money that the seller owes. If the columns are unbalanced in the manner stated by the question, the seller must pay money to balance the accounts. For example, maybe the seller hasn't paid yet some expenses or fees.

8 0
3 years ago
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