Question

The total annual expenditures on advertising in the United States Multiple Choice peaked last year at approximately $700 billion. has declined significantly as firms utilize different online promotional opportunities. is about $420 billion. has been capped at $300 billion by a government stimulus package.

Answer 1

The total annual expenditures on advertising in the United States is about $420 billion.

Explanation:

In general, promotional expenses should be listed on the Income Statement of the organization.

Look for "advertising expenses," "marketing expenses" or "sale expenses." Often these costs may be combined in other financial or general costs.

Collectively, the top 200 marketers in the US spend a whopping 163 billion dollars on ads in 2018, up 3.6 per cent year on year, according to Ad Age's latest Leading National Marketers study.