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3 years ago

Which do you think creates more of a challenge for marketers, multiculturalism or multigenerationalism? EXPLAIN

1 answer:

3 0

Multiculturalism is when there are several different cultural or ethnic groups within society. These people differ on culture, race and ethnicities so their values and way of life are unique to their culture. Multigenerationalism is when there are several different age groups (generations) present within society. I think it is more of a challenge for marketers to market with many different cultures living within society because cultures usually have larger differences over generations. With generations, customs do change and there are differences but they are still of the same nationality and race so the social norms are much more similar. When there are larger differences it is hard to market and reach all of the potential consumers.

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Which type of interest can earn more money over the long term?

guajiro [1.7K]

Compound interest would be the correct answer.

4 0

2 years ago

During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of

dem82 [27]

Answer:

credit to Work in Process of $59,000.

Explanation:

Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000

Dr Finished goods $59,000

Cr Work in process $59,000

Dr Cost of goods sold $65,000

Cr Finished goods $65,000

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3 years ago

Smith Company gives the following information on the financial statements: Net Income $50,000 Preferred Dividends 8,000 Average

ch4aika [34]

Answer: The rate of return on common stockholder’s equity is 23%.

Explanation:

Given that,

Net Income = $50,000

Preferred Dividends = 8,000

Average Common Stockholder’s Equity = 180,000

Average number of Common Shares Outstanding = 250,000 shares

Market Price = $2 per share

Therefore,

Return on equity = $\frac{Net\ income - Preferred\ Dividends}{stockholder\ equity}$

= $\frac{50000 - 8000}{180000}$

= 23%

5 0

3 years ago

What will NOT cause a shortage?

sweet-ann [11.9K]

<h3>Answer: D) increase in prices</h3>

An increase in prices will reduce demand, and not supply. You could have an increase in prices due to a shortage, but price increases could also be from a number of other factors, one of which is demand increasing.

Meanwhile, war, scarcity and extreme weather all are possible factors of a shortage. So we can cross choices A,B,C off the list.

5 0

3 years ago

Pie Co. uses the installment sales method to recognize revenue. Customers pay the installment notes in 24 equal monthly amounts,

Nataliya [291]

Answer:

C. The present value of the remaining monthly payments discounted at 12%.

Explanation:

To answer the question I have used following values to workout

Original Sales Value = 500,000

Interest rate = 12%

Numbers of periods = 24

First I calculate the Equal annual installment payment by using following excel formula

=PMT(rate,nper,pv,[fv],[type])

Where

PMT = Equal Annual Payment

rate = Interst rate = 12%/12 = 1%

nper = Tota numbers of payment = 24 payments

pv = oroginal sales value = 500,000

FV = Value outstanding after 24 payments = 0

Type = The payment made at the start or end of the year ( 0 for the payment made at the end of the period and 1 for the payment made at the beginning of the period ) = 0

placing values in the formula

=PMT(1%,24,50,000,0,0)

= $23,536.74

Now use these values to make the schedule which is attached with this answer.

After six Payment

Outstanding value = 385,961.72

Original sales price = 500,000

Percentage of outstanding balance to original sales value = 385,961.72 / 500,000 = 0.77 = 77%

The reamining balance is above 75% of the original sales price.

Note:

A payment schedule is attached for reference

Download pdf

3 0

3 years ago