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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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Danks Corporation purchased a patent for $405,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, Da
Andrei [34K]

Answer:

Amortization Expense for year 2021 $90,000

Explanation:

The computation of the amount that should be reported for patent amortization for the year 2021 is shown below:

But before that following calculations need to be done

The value of the patent as of 31st Dec, 2020

Purchase Value as of Sep 1,2019 $405000

Less:- Amortization Expense for the year 2019 $13,500

($405000 ÷ 10 × 4 ÷ 12)

Less:- amortization expense for the year 2020 $40500 ($405,000 ÷ 10)

Value of patent as on 1st Jan, 2021 $351,000

Add:- fees to defend $99000

New Book Value for the year 2021 $450,000

Now Remaining Useful Life 5 years

So,

Amortization Expense for year 2021 $90,000 ($450,000 ÷ 5)

6 0
3 years ago
Andrews Company accepted a note receivable from a credit customer who failed to pay their $2,000 Accounts Receivable balance. Th
Darina [25.2K]

Answer:

The journal entry which is to be recorded for the dishonored note is shown below:

Explanation:

The journal entry which is to be recorded for the dishonored note is as follows:

Accounts Receivable A/c..............................Dr $2,075

       Notes Receivable A/c...................................Cr $2,000

       Interest Revenue A/c......................................Cr $75

Being the note which is received got dishonored

As the note got dishonored so the accounts receivable account will be debited against the notes receivable account and the account of interest revenue is also credited.

Working Note:

Interest revenue = Amount of notes receivable × Rate  × Months / Total number of months

= $2,000 ×5%  × 9/12

= $75

6 0
4 years ago
How can zoning laws be beneficial to a city’s residents?
ipn [44]
Zoning laws can be beneficial to a city's residents THEY CAN PREVENT NEW DEVELOPMENT THAT WOULD HARM ESTABLISHED RESIDENTS.

Zoning laws states how a property in a certain zone will be used. It specifies which zones are for commercial or residential use. Zoning laws may also specify the sizes of the lots, placement, bulk, and height of the structures. 
3 0
3 years ago
Read 2 more answers
The manager of Synergy Company's Stock Division projects the following for next year: Sales $195,000 Operating income 70,000 Ave
likoan [24]

Answer: $12,250

Explanation:

Given Data;

Sales = $195,000

Operating income = $70,000

Average Operating assets = 385,000 Additional investment = $50,000

minimum rate of return is = 15%.

Residual income = operating income - (minimum required return x operating assets).

= $70,000 - ( 0.15 * 385,000)

= $12,250

Residual income without the Added investments is $12,250

6 0
3 years ago
Cattle House Steaks, a Colorado company, enters into a contract over the phone with Beef Packing Inc., an out-of-state corporati
DanielleElmas [232]

Answer: d. under the minimum-contacts test.

Explanation:

Cattle House Steaks, a Colorado company, enters into a contract over the phone with Beef Packing Inc., an out-of-state corporation. If a dispute arises, a Colorado court can exercise jurisdiction over Beef Packing under the minimum-contacts test.

Minimum contacts applies to situations whereby a court in one state can assert its personal jurisdiction over another defendant which isn't in that same state but is in another state.

5 0
3 years ago
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