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4 years ago

"which term refers to a sponsoring entity's promotion of sponsorship?"

1 answer:

5 0

Which term refers to a sponsoring entity's promotion of sponsorship? Activation strategies. When you have activation strategies, these are typically found in corporate sponsorship. Since you are marketing and promoting yourself at "causes" or events, you need to make sure you are identifying your target market and sponsoring at events that teach your market.

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Explanation:

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4 years ago

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Truzan Creations, one of the leading names in the handicraft industry, recently launched a new artifact in the market. The compa

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Answer:

A) Forecasting models

Explanation:

Forecasting models -

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4 years ago

Discuss two or more of the risks and benefits associated with credit card borrowing.?

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3 years ago

Jones Company signed a 5-year note payable on January 1, 2019, of $100,000. The note requires annual principal payments each Dec

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The entry to record the annual payment on December 31, 2020, by Jones Company is as follows:

Debit Note Payable $15,000

Debit Interest Expense $5,000

Credit Cash $20,000

<h3>How do you record annual payments?</h3>

Annual payments can be recorded by debiting the accounts that receive the value and crediting the account that gives value as above.

<h3>Data Analysis:</h3>

Note Payable = $100,000

Maturity period = 5 years

Date of Issuance = January 1, 2019

Principal repayment plus interest = December 31

Interest rate = 5%

Annual Interest in dollars = $5,000 ($100,000 x 5%)

Note Payable $15,000 Interest Expense $5,000 Cash $20,000

Thus, the entry to record the annual payment on December 31, 2020, by Jones Company is debits to Note Payable ($15,000) and Interest expense ($5,000), and a credit to Cash account ($20,000).

Learn more about recording annual payments at brainly.com/question/14290379

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