<span>One advantage of using the internet as an advertising medium is that you can control the size of audience you are trying to reach. Through IP addressed, you can create a broad group, or narrow in on a specific area within a city. Through such targeting, a marketing team can control the message delivered within the target market and control the amount of money spent on the campaign.</span>
Answer:
Interest earn= $80.14
Explanation:
Giving the following information:
PV= $1,000
i= 7%
n= 3
<u>First, we will calculate the future value at the second year:</u>
FV= PV*(1+i)^n
FV= 1,000*(1.07^2)
FV= 1,144.9
<u>Now, for the third year:</u>
FV= 1,144.9*1.07= 1,225.04
Interest earn= 1,225.04 - 1,144.9= $80.14
Answer:
True
Explanation:
Prime's net realizable value of accounts receivable = accounts receivable balance - allowance for uncollectible accounts = $100,000 - $7,000 = $93,000
Bad debt expenses have already been debited, so they are no longer part of the allowance for uncollectible accounts.
Answer:
Jan .7 Dr Vacation Benefits Expense $ 160
Cr To Vacation Benefits Payable $160
Explanation:
Journal entry for Mayer
Date Account Name Debit Credit
Jan .7
Dr Vacation Benefits Expense $ 160
Cr To Vacation Benefits Payable $160
( to record vacation pay expense.)
Answer:
C. <u>Post purchase</u><u> </u><u>behavior</u>
Explanation:
Whenever a consumer buys a product, he/she undergoes various stages between the creation of need/want and the ultimate purchase decision.
5 stages have been stated under Consumer buying decision, namely,
- Need recognition : the foremost stage wherein a need or desire arises.
- Information search: Here, the consumer searches for information w.r.t how the need or want can be satisfied.
- Evaluation of alternatives: The stage wherein a consumer weighs pros and cons of all available alternatives which can satisfy the need.
- Purchase: The stage wherein a consumer finally purchases a product.
- Post purchase behavior : Here, the consumer evaluates his purchase and reviews his purchase decision.
In the given case, the customer already bought both the wines. Her opinion regarding superiority of quality and taste between the two, represents her post buying stage of purchase decision and her review of the viability of purchase decision.
