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Morgarella [4.7K]
3 years ago
8

When comparing different forms of advertising, the property manager should realize that A) trade journals are ineffective for re

nting except for residential leasing. B) radio is generally a cost-effective medium for rental property. C) direct mail is favored by industrial and commercial property owners. D) television is rapidly becoming the most favored medium for advertising residential complexes.
Business
1 answer:
Papessa [141]3 years ago
6 0

Answer: C) direct mail is favored by industrial and commercial property owners.

Explanation:

Direct mail advertising is the method still preferred by most industrial and commercial property owners. This is simply down to the fact that it enables them to build a prospective list of clients that they can always target. They then mail these clients professional ads when there is an opening. The benefit of this is that they are mailing to who they would consider to be an audience more likely to act on the information that way their efforts are not wasted.

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the biggest challenge facing the growth of new franchises is: A) market saturation B)competition from independent entrepreneurs
Furkat [3]

Answer:

(A) market saturation

Explanation:

A franchisee starts a new franchise by entering into a franchising agreement with a franchiser to use its brand name and sell its products. The biggest challenge faced by this new franchise is market saturation.

This occurs because<u> the presence of other similar businesses, whether franchises or independently owned businesses in the market, creates lots of competition for the new franchise.</u>

6 0
3 years ago
Williamson Industries has $7 billion in sales and $2 billion in fixed assets. Currently, the company's fixed assets are operatin
In-s [12.5K]

Answer: Williamson industries would have obtained $7.78 billion in sales

Explanation: According to the question, the company is having a total of $2 billion in fixed assets. The fixed assets are currently operating at 90% (0.9) of its total capacity. At his level, the company is able to achieve a sales figure of $7 billion. The implication is as follows;

Fixed assets (at 100%) = 2 billion

Fixed assets (at 90%) = 2 * 0.9

Fixed assets (at 90%) = 1.8

If the company utilizes $1.8 billion to achieve a $7 billion sales figure, then operating at full capacity (100%) would yield the following;

7/x = 90/100

(Where x equals sales level at 100% capacity)

7/x = 0.9

Cross multiply

x = 7/0.9

x = 7.7777...

x ≈ 7.78

Therefore, if Williamson Industries had been operating at full capacity, it would have obtained a sales level of $7.78 billion

3 0
4 years ago
The major disadvantage of a geocentric staffing policy is its potential for ________.
Burka [1]
Being costly due to high salaries and moving costs of managers
5 0
4 years ago
Aguilera corp. has a current accounts receivable balance of $336,500. credit sales for the year just ended were $4,515,830. what
Alika [10]

The receivables turnover ratio is an activity ratio computing how proficiently a firm uses its assets.

Receivables turnover ratio can be calculated by: net value of credit sales during a given period divided by the average accounts receivables.

Receivables turnover = sales / receivable

= 4,515,830 / 336,500

= 13.42

 

Days’ sales in receivables = 365 days/ receivable turnover

= 365 / 13.42

= 27.20

The average collection period is 27.20 days.

6 0
4 years ago
Oriole Leasing Company leases a new machine to Sharrer Corporation. The machine has a cost of $65,000 and fair value of $87,000.
Hatshy [7]

Answer and Explanation:

1. The Preparation of amortization table is shown below:-

<u>Date                Rent payment    Interest       Reduction of    Liability </u>

<u>                                                    revenue           Principal </u>

01.01.2017             $0                    $0                     $0              $87,000

31.12.2017             $33.759           $6,960             $26,799    $60201

                                                    (87,000 × 8%)

31.12.2018             $33.759           $4,816              $28,943    $31,258

                                                   (60,201 × 8%)

31.12.2022            $33,759           $2,501               $31,258      $0

                                                   (32,258 × 8%)

Working note

The computation of the yearly lease amount is shown below:-

Period             Table value PV at 8%

1                             0.92593

2                            0.85734

3                            0.79383

Total                      2.57710

Lease rent              $33.759  

($87,000 ÷ 2.5771)

2. The Journal entry is shown below:-

Lease receivable Dr,  $87,000

Cost of goods sold Dr, $65,000

           To Sales                        $87,000

            To Inventory                 $65,000

(Being lease commenced is recorded)

3. The Journal entry is shown below:-

ROU assets Dr, (right of use) $87,000

           To lease liability $87,000

(Being ROU assets recognized is recorded)

4. ROU assets Dr, (right of use) $96,500

           To lease liability $87,000

            To Cash $9,500

(Being ROU assets recognized of direct costs is recorded)

6 0
3 years ago
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