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-Dominant- [34]
3 years ago
10

Colossal Choco Chipper is a new, gigantic chocolate chip cookie created by the Kookie Cookie Company. To create interest for the

Colossal Choco Chipper, the company sent a free package of six cookies to selected homes along with a coupon. Kookie Cookie's activities represent
a. consumer publicity.
b. public relations.
c. sales promotion.
d. trade advertising.
Business
1 answer:
Leokris [45]3 years ago
4 0

Answer:

c. sales promotion.

Explanation:

Sales promotion are all marketing tactics involved in getting a person to purchase a good or service.

Objectives of a sale promotion includes :

1. To raise awareness about a new good or service.

2. To increase sales.

3. To attract more customers

The reason for Kookie Cookie Company sales promotion was to raise awareness of their new product ; Colossal Choco Chipper.

Forms of sales promotions include:

1. Vouchers

2. Coupons

3. Free gifts

4. Loyalty cards

Kookie Cookie Company sales promotion strategy are coupons and free gifts.

I hope my answer helps you

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The ending retained earnigns balacne is reported on both the retaiend earnigns stastaemnt and the balacne sheet.
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a. This is correct.

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b. This is incorrect.

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c. This is incorrect.

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d. This is incorrect.

We can reach a conclusion on which firm is better managed based on the facts given. The debt ratio is the total liabilities divided by total assets, and a lower ratio is known to be good in comparison to a higher ratio. Similarly, the profit margin is the profit divided by the sales, and low profit margin shows high expenses and also a need for the management to decrease the expense.

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Spence wants to have $176,000 in 7 years. He plans to make regular savings contributions of $13,100 per year for 7 years, with t
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Answer:

$11,098.94

Explanation:

first we must calculate the future value of the 7 year annuity:

FV of an annuity = p x {[(1 + r)ⁿ - 1] / r}

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  • r = 17.18%
  • n = 7

FV of an annuity = $13,100 x {(1.1718⁷ - 1) / 0.1718} = $13,100 x 11.8377 = $155,073.56

since he wants to have $176,000, he needs $20,926.44 more in 7 years (= $176,000 - $155,073.56)

X = FV / (1 + r)ⁿ

  • future value =
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X = $20,926.44 / 1.1718⁴ = $11,098.94

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