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4 years ago

One reason integrated marketing communications is necessary is __________.

1 answer:

4 0

Integrated marketing communications is necessary because it mixes all of the methods and tools for the promotion of a brand. With this cooperation of all methods and tools from various departments, a company will be able to maximize their sales while being cost efficient in their production.

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Andy's business is not able to pay its debts, and the prospects for its finances to improve are slim. Andy decides not to contin

klio [65]

Answer:

The answer is: She should file for Chapter 7 Bankruptcy; The discharge of debts

Explanation:

Under Chapter 7, you must first prove that your income is insufficient to allow you to pay at least a portion of your debts. There is a mathematical form for making the calculation. If you have enough income, you will need to file under Chapter 13 instead.

Under Chapter 7 you either pay your debts or give up your property for secured debts. You surrender any nonexempt property (e.g. a second house not used as primary residency, investments, artwork, jewelry, etc.) in order to pay off as much of your debt as possible.

You are able to keep all your exempt property and you are no longer in obligation to repay the remaining debt.

5 0

3 years ago

One of the most common forms of segmenting consumer markets uses characteristics such as age, income, household size, and/or eth

luda_lava [24]

This is known as Market segmentation.

4 0

3 years ago

In Florida it is customary for the seller to pay the document tax on the deed. If the sale price is $115,000, how much will the

Dennis_Churaev [7]

Answer:

805

Explanation:

The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:

Document tax=(Sale value/100)*0.70

Sale value=$115,000

Document tax=(115,000/100)*0.70

=1,150*0.70

=805

4 0

3 years ago

Khrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning

zloy xaker [14]

Answer: A.) $32.64 per machine hour

Explanation:

Given the following :

Estimated machine hours = 41,000 machine hours

Estimated variable manufacturing overhead = $4.16 per machine hour

Estimated total fixed manufacturing overhead = $1,167,680

Total Estimated manufacturing overhead :

(Estimated total variable manufacturing overhead + Estimated total fixed manufacturing overhead)

Estimated total variable manufacturing overhead:

$4.16 × estimated hours

= $4.16 × 41,000

= $170560

Total Estimated manufacturing overhead :

$170560 + $1,167,680 = $1338240

Hence,

Predetermined overhead rate :

Total Estimated manufacturing overhead / estimated hours

= $1338240 / 41000

=$32.64

4 0

3 years ago

The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May

NeTakaya

Answer:

1. Prepare a retained earnings statement.

Net income = $943,400

Retained earning at May 31, 2018 = $3,792,500

2. Prepare a balance sheet, assuming that the current portion of the note payable is $50,000.

Net Total Assets = Stockholder's equity = $4,292,500

Explanation:

1. Prepare a retained earnings statement.

To do this, the income statement is first prepared to obtain the net income as follows:

Clairemont Co.

Income Statement

for the fiscal year ended May 31, 2018

Details $

Sales 11,343,000

Cost of goods sold (7,850,000)

Gross Income 3,493,000

Selling and Distribution expenses:

Sales salaries expense (916,000)

Advertising expense (550,000)

Dep. expense - Store equipment (140,000)

Miscellaneous selling expense (38,000)

Administrative expenses:

Office salaries expense (650,000)

Rent expense (94,000)

Insurance expense (48,000)

Dep. exp - Office equipment (50,000)

Office supplies expense (28,100)

Miscellaneous admin expense (14,500)

Operating income 964,400

Interest expense (21,000)

Net income  943,400 

The retained earning statement can therefore, be stated as follows:

Clairemont Co.

Retained Earnings Statement

for the fiscal year ended May 31, 2018

Details $

Retained earnings at June 1, 2017 2,949,100

Net income for the year 943,400

Dividends (100,000)

Retained earning at May 31, 2018  3,792,500 

2. Prepare a balance sheet, assuming that the current portion of the note payable is $50,000.

Clairemont Co.

Balance sheet

for the fiscal year ended May 31, 2018

Details $ $ 

Fixed Assets

Office equipment 830,000

Accumulated dep.- office equip (550,000) 280,000

Store equipment 3,600,000

Accumulated dep.- store equip (1,820,000) 1,780,000

Net Fixed Assets 2,060,000

Current Assets

Cash 240,000

Accounts receivable 966,000

Inventory 1,690,000

Estimated returns inventory 22,500

Office supplies 13,500

Prepaid insurance 8,000

Total current assets 2,940,000

Current Liabilities

Accounts payable (326,000)

Customer refunds payable (40,000)

Salaries payable (41,500)

Note payable (50,000)

Working Capital 2,482,500

Long-term Liability

Note payable (300,000 - 50,000) (250,000)

Net Total Assets  4,292,500 

Financed by:

Common stock 500,000

Retained earning at May 31, 2018 3,792,500

Stockholder's Equity  4,292,500 

Note:

Since both the Net Total Assets and Stockholder's equity are to $4,292,500, it implies the financial statement is accurately prepared as both as always be equal.

5 0

4 years ago

One reason integrated marketing communications is necessary is​ __________.

One reason integrated marketing communications is necessary is __________.