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3 years ago

The purpose of advertising is _____.

Business

2 answers:

Nostrana [21]3 years ago

7 0

The correct answer is A. To convince consumers that they can benefit from a product or service

Explanation:

Advertising refers to a type of business communication in which companies or sellers promote a certain product or service. Advertising implies using slogans, messages, vivid colors through display adds, podcast, video ads, among other to show potential consumers they should buy the product or service you are offering, usually because this is better than others or the consumers benefit from it. Additionally, in business, advertising is one of the most important elements because if a business or company cannot attract customers then sales would drop. Thus, the purpose of advertising is "to convince consumers that they can benefit from a product or service".

Elza [17]3 years ago

5 0

I'm pretty sure the answer would be choice A

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A+piece+of+land+produces+an+income+that+grows+by+5%+per+annum. +if+the+first+year’s+income+is+$10,000,+what+is+the+value+of+the+

Aleonysh [2.5K]

If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.

<h3>Present value of the land</h3>

Using this formula

Present value=Income/Rate per annum

Let plug in the formula

Present value=$10,000/0.05

Present value=$200,000

Therefore If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.

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1 year ago

Suppose that the current value of all of a mutual fund's holdings is determined to be $750 million. The fund's liabilities are $

rusak2 [61]

Answer: B) $13.89 per share

Explanation:

In order to find the net asset value or NAV of a mutual fund we have to know the liabilities and assets that fund has as of the date that we want to calculate the NAV. Then we will subtract its total liabilities from its total assets. Then we will divide that number by the number of shares to find the net asset value.

Total assets = 750 million

Total liabilities = 125 million

Current shares outstanding = 45 million

(750 million - 125 million)/45 million =13.89

3 0

3 years ago

If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 uni

Lyrx [107]

Answer:

a) True

Explanation:

Sales = Opening + Production - Closing

$200,000 = $22,000 + Production - $24,000

Production = 202,000 Units

Hence, the answer is a. True

4 0

2 years ago

Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm’s t

posledela

Answer:

Based on the DuPont equation and given information, ROE of Harrington Inc is 13.818%.

Explanation:

We have to find the total equity and total debt of Harrington Inc in order to apply the DuPont equation for finding ROE because net income, sales of Harrington Inc. are already given.

- To find Harrington Inc's total debt, apply the Debt-to-capital formula: The Harrington Inc's total debt/The Harrington Inc's total capital = 45% => Harrington Inc's total debt = The Harrington Inc's total capital * 45% = $250,000 x 45% = $112,500;

- To find Harrington Inc's total equity, apply the accounting equation Asset = Liabilities + Owner's Equity: The Harrington Inc's total equity = The Harrington Inc's total asset - The Harrington Inc's total debt = $250,000 - $112,500 = $137,500;

- Using the Dupont equation, calculate the ROE as followed:

(NI/Sales)* (Sales/ Total assets) * (Total assets/ Total common equity) = (19,000/325,000) * ( 325,000/ 250,000) * (250,000/137,500) = 13.818%.

- Thus, the ROE = 13.818%.

5 0

3 years ago

6. The split-level home is a variation of the

grigory [225]

Answer:

O C. Victorian house.

4 0

2 years ago

Read 2 more answers