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3 years ago

An advertising agency receives _____ percent of the client's media expenditures

1 answer:

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An advertising agency receives 15 percent of the client's media expenditures. An expenditure is a term used to describe money being spent. The advertising agency will typically spend 15% of the money that is set aside for media exposure. The advertising agency handles most media advertising that is done for a company that they have a contract with.

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On May 3, 2020, Culver Company consigned 60 freezers, costing $470 each, to Remmers Company. The cost of shipping the freezers a

Mnenie [13.5K]

Answer:

a) Valuation of Ending Inventory

The total cost of consignment = $28980

Cost of Freezers= 60 freezers *$470= $28200

Shipment Costs $ 780

Per unit Cost of Consignment= $28980 / 60= $ 483

The inventory value of the units unsold in the hands of the consignee

= (60 units - 30 units )* 483= $ 14490

b) Profit for the Consignor

Sales 30 units at $800 $24000

CGS 30 units at 483 14490

Gross Profit 9510

Less

Advertising $200

Total installation costs $350

Commision 6% of 24000= $ 1440 1990

Net Profit $7520

c) Remittance was made of $7520

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3 years ago

When we perceive someone as a trouble maker, this may be a perception not a real characteristic of a person?

bixtya [17]

I think if I perceive someone a certain way, then it means I saw something in their behavior that caused me to view them as such.

If I perceive someone as a troublemaker, then something in their behavior suggested that they make trouble. Of course I could be wrong. But in general, someone’s characteristics gives people certain perceptions of them (not taking into account prejudgement as soon as seeing the person).

8 0

2 years ago

Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if

egoroff_w [7]

Answer:

hello you have reached Micah micks office line if this is an emergency please hang up and call my personal line if this isn't please leave an voicemail and ill get back to you shortly thank you goodbye

Explanation:

5 0

3 years ago

Read 2 more answers

Springer Co. was incorporated on January 1, 2019, at which time 500,000 shares of $1 par value common stock were authorized, and

trasher [3.6K]

Answer:

Dr Retained earnings $294,000

Cr Dividends payable $294,000

Explanation:

The total amount of dividends declared on December 31 2019 is computed thus:

dividends declared=number of common stock issued*dividend per share

number of common issued is 210,000

dividend per share is $1.40

dividends declared=210,000*$1.40

= $294,000.00

The journal entries to the record the $294,000 is to debit retained earnings since dividend is a reduction to retained earnings which is a component of equity capital and a credit to dividends payable account.

4 0

3 years ago

Fashion, Inc. had a Retained Earnings balance of $10,000 at December 31, 2018. The company had an average annual income of $6,00

ololo11 [35]

Answer:

Total Dividend = $20000

Explanation:

Total Income for 3 Years = 3*Average income

= 3* 6000 = $18000

Opening Retained Earnings $10,000

Closing Retained Earnings $13,000

Net Utilisation for Dividend = 13000 - 10000 = $2000

Total Dividend =Total Income+Net utilisation from RE

=18000 + 2000 = $20000

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3 years ago