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3 years ago

Advertising sales agents typically work under the direct supervision of a manager or supervisor.

Business

1 answer:

wolverine [178]3 years ago

4 0

Advertising sales agents typically work under the direct supervision of a manager or supervisor. True.

Initally, an advertising sales agent works under the direct supervision of a manager or supervisor. They are trained and coached by those who are experienced in the field. Once the sales agent has completed a set amount of hours (based on different agency requirements) they are no longer required to complete check-ins as often. These sales agents are then on their own most of the time by setting their own hours for work as long as they meet company goals.

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NoMoreKidSongs Corp. paid a dividend last quarter of $6.18. It is expected to grow at 3% over the next year, 8%, the following y

pantera1 [17]

Answer:

$6.87

Explanation:

The Dividend will grow first with non-constant growth rate and then after 3 years it will grow at a constant rate of 2%.

Last Dividend Paid = $6.18

In the first year the Growth rate is 3%

First Year Dividend = $6.18 ( 1 + 3% ) = $6.18 ( 1 + 0.03 ) = $6.18 ( 1.03 ) = $6.3654

In the Second year the Growth rate is 8%

Second Year Dividend = $6.3654 x ( 1 + 8% ) = $6.3654 x ( 1 + 0.08 ) = $6.3654 x ( 1.08 ) = $6.87

8 0

4 years ago

Bill wants to give Maria a $590,000 gift in two years. If money is worth 12% compounded semiannually, what is Maria's gift worth

PtichkaEL [24]

Answer:

the present value is $467,335.2613

Explanation:

The computation of the value worth today is shown below:

= Amount in two years ÷ (1 + rate of interest)^number of years

= $590,000 ÷ (1 + 12% ÷ 2)^2×2

= $590,000 ÷ 1.06^4

= $590,000 ÷ 1.26247696

= $467,335.2613

Hence, the present value is $467,335.2613

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0

3 years ago

Starting last December, one of the three major credit-score trackers, Experian, added paying monthly rent as one of its criteria

sattari [20]

<span>People who are renters of apartments would be positively affected by this addition to credit score calculation. In addition, people who rent equipment for construction of buildings and other long-term projects would see their scores go up if they stayed on-time with their payments for the use of the equipment.</span>

4 0

3 years ago

Find the final amount of money in an account if $ 8 , 000 is deposited at 5 % interest compounded semi-annually and the money is

Vika [28.1K]

Answer: $12477.27

Explanation:

The formula to find the compound amount after t years (compounded semiannually) :-

$A=P(1+\dfrac{r}{2})^{2t}$

Given : Principal amount : P = $ 8,000

Rate of interest : $r=0.05$

Time : 9 years

Now, $A=8000(1+\dfrac{0.05}{2})^{2\times9}$

$A=8000(1+0.025)^{18}=12477.2697417\approx\$12477.27$

The final amount in the account will be $12477.27

5 0

3 years ago

Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment $ 6

Iteru [2.4K]

Answer: Multi Step Income Statement

As for the information provided,

Sales = $225,000

Less: Sales Discounts = ($15,200)

Less: sales Returns And Allowances = ($3,900)

Net Sales = $205,900

Cost of goods sold = ($88,800)

Gross Profits = $117,100

Expenses:

Selling expenses:

Rent Expense = $10,500

Sales staff wages = $22,400

Sales commission = $13,600

TV advertising expense = $3,000

Total Selling expense = ($49,500)

General And Administrative Expense

Office Supplies = $790

Insurance = $1,240

Depreciation expense Office copier = $420

Office salaries expense = $32,100

Total General Administrative Expense = ($34,550)

Total Expenses = ($84,050)

Operating Income = $33,050

Other Revenues Gains & Losses

Interest revenue = $660

Gain on sale of equipment = $6,250

Total Other Revenues = $6,910

Net Income = $39,960

6 0

4 years ago