In the united states, loans from financial intermediaries are far more important for corporate finance than are securities markets.
A market is a system, institution, process, social relationship, or infrastructure configuration that parties exchange. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services to buyers in exchange for money.
A market is a place where buyers and sellers meet to facilitate the exchange or trade of goods and services. A marketplace can be physical, like a retail store, or virtual, like an e-merchant.
Marketplace, the means by which the exchange of goods and services takes place through contact between buyers and sellers, either directly or through intermediaries or institutions.
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The statement, "As marketers embraced the concept of integrated marketing communications, they began asking their ad agencies to rely primarily on media advertising," is:
<h3>What was the stance of the marketers?</h3>
When marketers started accepting integrated marketing communications, they did not tell their ad agencies to rely only on media advertising. They rather told them to adequately manage the promotional materials that they had.
Instead of focusing on just one type of promotional tool, they encouraged diversification. So, it is wrong to say that they asked their agencies to focus only on media advertising.
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Answer:
Labor Rate Variance = - $1,188 Unfavorable
Explanation:
Provided labor hours for each radio = 0.9
Standard labor cost per hour = $7.20
Actual labor cost = $48,708
Actual labor hours = 6,600
Actual labor rate = $48,708/6,600 = $7.38
Labor Rate Variance = (Standard Rate - Actual Rate) Actual Hours
= ($7.20 - $7.38) 6,600 =<em><u> - $1,188 Unfavorable</u></em>
When computing interest expense using the effective interest rate method, the <u>MARKET </u>interest rate should be used.
<h3>What is the effective interest rate method?</h3>
The effective interest rate method allows us to be able to discount the par value and the coupon payments of a bond. This then tells us the bond value.
To use the effective interest rate method, you should use the market interest rate as it is a more accurate indicator of risk.
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Answer:
28 month (approx)
Explanation:
Given
Present value = $470
Monthly Payment = $20
Interest Rate = 15% annual = 15% / 12 = 1.25% monthly
=0.0125
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