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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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If the market rate of interest is 7%, the proceeds of 6% bonds paying interest semiannually with a face value of $300,000 will b
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Answer:

b. less than $300,000

Explanation:

Based on the information given since the proceeds of 6% bonds is lower than 7% market rate of interest which means that it will lead to a discount reason been that discount will often occur in a situation where the cost of bonds

is lower than the bonds face value which simply indicate that the value of the bonds will be lower than the face value of the amount of $300,000.

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3 years ago
In 2008, Federal Reserve Chairman Ben Bernanke made credit more available within the U.S. financial system by loaning money to b
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In 2008, Federal Reserve Chairman Ben Bernanke made credit more available within the U.S. financial system by loaning money to banks. This action was to <span>encourage an expansion. The correct option among all the options that are given in the question is the second option. I hope it helps you.</span>
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3 years ago
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During December, Far West Services makes a $2,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
pochemuha

Answer:

Debit Accounts receivable  $2170

Credit sales revenue  $2000

Credit State tax  $120

Credit Local tax  $50

Explanation:

When sales are made on credit, the entries required are debit Accounts receivable and credit Sales revenue.

Considering the taxes, the entries would then be grossed by the tax percentage and the grossed amount is debited to accounts receivable while the taxes are credited to the tax payable account.

State tax

= 6% * $2,000

= $120

Local tax

= 2.5% * $2,000

= $50

Total receivable

= $2000 + $120 + $50

= $2170

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4 years ago
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2 years ago
Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100.000 shares of common
Gnesinka [82]

Answer:

                    Power Drive Corporation

                  Stockholders' Equity Section

                           December 31, 2021

Paid in capital:

    Common Stock $1 par                                  $160,000

    (160,000 shares authorized, 157,250

    shares outstanding)

    Additional paid in capital,                         $8,360,000

    in excess of par value

    Additional paid in capital,                               $13,750

    from Treasury Stock                                <u>                      </u>

    Total paid in capital                                   $8,533,750

Retained earnings                                          <u>$2,879,625</u>

Sub-total                                                           $11,413,375

    Treasury Stock                                           <u>  ($165,000)</u>

Total Stockholders' Equity                           $11,248,375

Explanation:

  • beginning balances in its stockholders' equity accounts on January 1, 2021: Common Stock, $100,000 + $60,000
  • Additional Paid-in Capital, $5,000,000 + $3,360,000 + $13,750
  • Retained Earnings, $2,500,000 + $650,000 - $270,375
  • treasury stock $330,000 - $165,000

Net income for the year ended December 31, 2021, is $650,000.

March 1 Issues 60,000 additional shares of $1 par value common stock for $57 per share.

Dr Cash 3,420,000

    Cr Common stock 60,000

    Cr Additional paid in capital 3,360,000

May 10 Purchases 5,500 shares of treasury stock for $60 per share.

Dr Treasury stock 330,000

    Cr Cash 330,000

June 1 Declares a cash dividend of $1.75 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.)

Dr Retained earnings 270,375

    Cr Dividends payable 270,375

July 1 Pays the cash dividend declared on June 1.

Dr Dividends payable 270,375

    Cr Cash 270,375

October 21 Resells 2,750 shares of treasury stock purchased on May 10 for $65 per share

Dr Cash 178,750

    Cr Treasury stock 165,000

    Cr Additional paid in capital 13,750

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4 years ago
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