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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 firm achieves differentiation parity ideally when

Alina [70]

A firm achieves differentiation parity ideally when it sells its products or services at a higher price than its competitors.

The idea of parity is that a company sells its products at a higher cost than competitors even though the product or service isn't unique. Differentiation is when one companies products compete and are better than another with the same product.

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3 years ago

How many miles is 64km?

Alinara [238K]

Answer:

The Answer is 39.769 miles

5 0

3 years ago

How does an increase in bad debt affect a sole trader financial statement

Kamila [148]

Answer:

It will increase expense, thereby reducing the profit mentioned in the income statement and decrease the current asset (debtor) recorded in the balance sheet.

Explanation:

Bad Debt is an expense that is recorded when it is expected that the customer, who owes a debt to the business, might default in clearing their dues.

As such when the bad debt amount is increased it will result in a rise in expense and therefore the profit, as stated in the profit and loss (income statement) of the sole trader would decrease.

Moreover, it will also decrease the value of trade receivables (current assets) mentioned in the balance sheet. The following entry would be recorded:

Bad Debts (Dr) xxxxx

Trade Receivables (Cr) xxxxxx

Hence, the expenses will increase while the current asset will decrease.

7 0

3 years ago

At an output level of 84,000 units, you calculate that the degree of operating leverage is 1.80. Suppose fixed costs are $180,00

Irina-Kira [14]

Answer:

The operating cash flow is $196,071 and the new degree of operating leverage is 1.918

Explanation:

a. The computation of operating cash flow is shown below:

By using the information, first we have to calculate the contribution amount.

We know that the operating leverage equals to

Operating leverage = Contribution ÷ EBIT

And, Contribution = Fixed cost + EBIT

So,

1.80 = Fixed cost + EBIT ÷ EBIT

1.80 EBIT - EBIT = Fixed cost

0.80 EBIT = $180,000

So, EBIT = $180,000 ÷ 0.80 = $225,000

And, the contribution = $180,000 + $225,000 = $405,000

Contribution is calculated for 84,000 units but we have to compute for 78,000 units

So, contribution for 78,000 units will be equals to

= $405,000 × 78,000 ÷ 84,000

= $376,071.43

So, the operating cash flow would be

= $376,071.43 - $180,000

= $196,071.43

b. The new degree of operating leverage equals to

= $376,071.43 ÷ $196,071.43

= 1.918

Hence, the operating cash flow is $196,071 and the new degree of operating leverage is 1.918

5 0

3 years ago

At her death Serena owned real estate worth $210,000 with her spouse in joint tenancy with the right of survivorship. Serena con

podryga [215]

Answer: $105000

Explanation:

From the question, we are informed that Serena owned real estate worth $210,000 with her spouse in joint tenancy with the right of survivorship when she died and that she contributed $50,000 to the original cost of the property and her spouse contributed the remaining $100,000.

The amount, that will be included in Serena's gross estate will be:

= $210,000 × 50%

= $210000 × 0.5

= $105,000

It should be noted that only 50% will be included since she owes the property with her spouse in joint tenancy.

4 0

2 years ago