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Rasek [7]
4 years ago
10

According to the AMA, ______ is "the placement of announcements and persuasive messages in time or space purchased in any of the

mass media by business firms, nonprofit organizations, government agencies, and individuals who seek to inform and/or persuade members of a particular target market or audience about their products, services, organizations, or ideas."
Business
1 answer:
Mandarinka [93]4 years ago
6 0

Answer:

advertising

Explanation:

According to the AMA, advertising is "the placement of announcements and persuasive messages in time or space purchased in any of the mass media by business firms, nonprofit organizations, government agencies, and individuals who seek to inform and/or persuade members of a particular target market or audience about their products, services, organizations, or ideas."

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3 years ago
Jose wants to cash in his winning lottery ticket. He can either receive five $5,000 annual payments starting today, or he can re
ExtremeBDS [4]

Answer:

The lump sum payment =  $23,585.49

                                 

Explanation:

The winning lottery is an example of an advanced annuity. <em>An advanced annuity is a series of cash flows that occurs for a certain number of years with the first cash flow occurring now.</em>

The first cash flow is represents one out of the five, so the balance is a four-year annuity.

So we can work out the present value of the annuity for the last four years as follows:

PV = (1 - (1+r)^(-n)/r )   ×  Annual cash flow

r = 3%=0.03, n = 4, Annual cash flow = 5000

PV = (1- ((1+0.03)^(-4))/0.03)  × 5,000

    = 3.7170 × 5,000

   =$ 18,585.49

The lump sum payment = PV of the first payment + PV of the four year annuity

The lump sum payment = $5000 + $ 18,585.49

                                       =  $23,585.49

7 0
3 years ago
What is the risk of overusing credit for a business?
hichkok12 [17]
Consumers who overuse credit run the risk of late payments, low credit scores, and even bankruptcy.  
5 0
4 years ago
For Gee-Whiz Devices calculate the following: working capital, current ratio, and acid-test ratio Gee-Whiz Devices Balance Sheet
Zarrin [17]

Answer:

1. Working Capital

= Current Assets - Current Liabilities

= (  Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) - ( Accounts and notes payable(Short term) + Accrued expenses)

= ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) - ( 315,000 + 90,000)

= $98,000

2. Current Ratio

= Current Assets/ Current Liabilities

= (  Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) / ( Accounts and notes payable(Short term) + Accrued expenses)

=  ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) / ( 315,000 + 90,000)

= 1.24

3. Quick Ratio

= (Current Assets - Inventory) / Current Liabilities

=  ( 100,000 + 45,000 + 150,000 + 8,000) / ( 315,000 + 90,000)

= 0.75

8 0
3 years ago
Economics is ______.
ser-zykov [4K]
Economics is  the branch of knowledge concerned with the production, consumption, and transfer of wealth.
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5 0
3 years ago
Read 2 more answers
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