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OleMash [197]
3 years ago
8

In a promotion mix, ________ involves personally connecting with carefully targeted individual consumers to both obtain an immed

iate response and cultivate lasting customer relationships.
A) direct marketing
B) advertising
C) public relations
D) predictive analyticals
E) indirect procurement
Business
1 answer:
sesenic [268]3 years ago
8 0

Answer: (A) Direct marketing

Explanation:

 The direct marketing is one of the type of promotional communication or advertising where the organization directly communicate with the consumer or customers about the product in the market.

 By using this technique we can easily promote the company products and the services in the market. It is one of the best technique used by an organization for promoting the goods and the services.

 According to the given question, the promotional mix is refers to the direct marketing that helps in maintaining the customer relationship and also obtain immediate response for the product.  

 Therefore, Option (A) is correct answer.

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The balance in Accounts Receivable at the beginning of the year amounted to $2,720. During the year, $9,120 of credit sales were
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Answer:

$9340

Explanation:

The amount of cash received from customers to be shown under operating activities is computed using the below formula:

Cash from customers=credit sales+decrease in accounts receivable-uncollectible accounts expense

credit sales=$9,120

decrease in accounts receivable=$2,720-$1,760=$960

uncollectible accounts expense=$740

cash received from customers=$9,120+$960-$740

cash received from customers=$9340

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Miller Corporation has a premium bond making semiannual payments. The bond has a coupon rate of 8 percent, a YTM of 6 percent, a
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Answer:

<em>Miller-bond</em>:

today:            $  1,167.68

after 1-year:   $  1,157.74

after 3 year:  $  1,136.03

after 7-year:  $ 1,084.25

after 11-year: $  1,018.87

at maturity:   $ 1,000.00

<em>Modigliani-bond:</em>

today:            $    847.53

after 1-year:   $    855.49

after 3 year:  $     873.41

after 7-year:  $     918.89

after 11-year: $       981.14

at maturity:   $  1,000.00

Explanation:

We need to solve for the present value of the coupon payment and maturity of each bonds:

<em><u>Miller:</u></em>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 80.000

time 12

rate 0.06

80 \times \frac{1-(1+0.06)^{-12} }{0.06} = PV\\

PV $670.7075

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   12.00

rate  0.06

\frac{1000}{(1 + 0.06)^{12} } = PV  

PV   496.97

PV c $670.7075

PV m  $496.9694

Total $1,167.6769

<em>In few years ahead we can capitalize the bod and subtract the coupon payment</em>

<u>after a year:</u>

1.167.669 x (1.06) - 80 = $1,157.7375

<u>after three-year:</u>

1,157.74 x 1.06^2 - 80*1.06 - 80 = 1136.033855

If we are far away then, it is better to re do the main formula

<u>after 7-years:</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 80.000

time 5

rate 0.06

80 \times \frac{1-(1+0.06)^{-5} }{0.06} = PV\\

PV $336.9891

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   5.00

rate  0.06

\frac{1000}{(1 + 0.06)^{5} } = PV  

PV $747.26

PV c $336.9891

PV m  $747.2582

Total $1,084.2473

<u />

<u>1 year before maturity:</u>

last coupon payment + maturity

1,080 /1.06 =  1.018,8679 = 1,018.87

For the Modigliani bond, we repeat the same procedure.

PV

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 30.000

time 24

rate 0.04

30 \times \frac{1-(1+0.04)^{-24} }{0.04} = PV\\

PV $457.4089

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   24.00

rate  0.04

\frac{1000}{(1 + 0.04)^{24} } = PV  

PV   390.12

PV c $457.4089

PV m  $390.1215

Total $847.5304

And we repeat the procedure for other years

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