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3 years ago

What is the first step in developing a promotional campaign?

1 answer:

3 0

You're First step is promotional message it reaches your intended and targeted audience. plus you're message is understood by your audience and you're message also works for the recipients, and they soon take immediate action.

Hope This Helps!!!

You might be interested in

Which clause protects proceeds from creditors of the beneficiary?

Inga [223]

The answer is spendthrift clause. It is a trust that is produced for the benefit of a person that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary usually cannot reach the money in the trust, and the funds are not actually under the control of the beneficiary. Also, it prevents the beneficiary's reckless spending of benefits.

8 0

3 years ago

You are paying an effective annual rate of 18.974 percent on your credit card. The interest is compounded monthly. What is the a

Kipish [7]

Answer:

17.5%

Explanation:

Effective annual rate is a yearly rate of return which includes the compounding effect. APR is the simple rate of return which is being paid on the principal amount that is being invested.

Formula for Effective Interest rate

EAR = ( 1 + APR/n )^n -1

0.18974 = ( 1 + APR/12 )^12 -1

0.18974 + 1 = ( 1 + APR/12 )^12

1.18974 = ( 1 + APR/12 )^12

(1.18974)1/12 = (( 1 + APR/12 )^12 )1/12

1.0146 = 1 + APR/12

1.0146 - 1 = APR / 12

0.0146 = APR / 12

APR = 0.0146 x 12

APR = 0.175 = 17.5%

3 0

3 years ago

Prepare the journal entry to record Mills’ investment in the bonds on July 1, 2018. Prepare the journal entries by Mills to reco

Damm [24]

Answer:

the question is incomplete, so I looked for a similar one and found the following:

"Mills Corporation acquired as a long-term investment $240 million of 5% bonds, dated July 1, on July 1, 2018. Company management has the positive intent and ability to hold the bonds until maturity. The market interest rate (yield) was 3% for bonds of similar risk and maturity. Mills paid $280.0 million for the bonds. The company will receive interest semiannually on June 30 and December 31."

At what amount will Mills report its investment in the December 31, 2018, balance sheet?

July 1, 2018, bonds are purchased at a premium

Dr Investment in bonds 240,000,000

Dr Premium on investment in bonds 40,000,000

Cr Cash 280,000,000

December 31, 2018, first coupon payment

Dr Cash 12,000,000

Cr Interest revenue 8,400,000

Cr Premium on investment in bonds 3,600,000

The carrying value of the investment in bonds account = $280,000,000 - $3,600,000 = $276,4000,000 or $276.4 million

Suppose Moody’s bond rating agency upgraded the risk rating of the bonds, and Mills decided to sell the investment on January 2, 2019, for $290 million.

January 2, 2019

Dr Cash 290,000,000

Cr Investment in bonds 240,000,000

Cr Premium on investment in bonds 36,400,000

Cr Gain on sale of investments 13,600,000

Explanation:

amortization of bond premium using the effective interest method on first coupon received = ($240,000,000 x 5%) - ($280,000,000 x 3%) = $12,000,000 - $8,400,000 = $3,600,000

Premium on investment in bonds = $40,000,000 - $3,600,000 = $36,400,000

4 0

3 years ago

Successful entrepreneurs are self-nurturing. This means they: A. look to others for strength and encouragement.B. self-finance t

liraira [26]

Answer:

D. believe in themselves and their ideas.

Explanation:

The entrepreneurs will look at other strength and ecouragement. They will finance through both, own and lended funds. The operations will be delegate to their employee and managers if needed. A single person cannot do all the work for a company. It will require to delegate.

The importance of sel-nurturing is to trust on his idea and business vision. Having confidence into their abilities will increase their chance of success.

3 0

3 years ago

To determine a product selling price based on the total cost method, management should include?

Schach [20]

If one wants to determine the selling price of a product using the total cost method, the management should use Total product costs plus a markup.

<h3>What is the total cost method?</h3>

The actual cost of performance is generally subtracted from the bid price before profit is added to the resultant sum in the total cost approach.

A production income statement is what the total cost method is. In other words, the units of measurement generated are utilized to accrue income and expenses. The units of measure produced during the reviewed period are used to calculate income and expenses.

When employing the whole cost method, the business accounts for all expenses associated with manufacturing the questioned well. The price of the entire product is included.

The final step is to add a markup to the overall cost in order to determine a selling price that will allow for the anticipated level of profit.

To learn more about the total cost method refer to:

brainly.com/question/6480601.

#SPJ4

8 0

2 years ago