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Gwar [14]
3 years ago
8

In Da Houz is a bar which mostly plays trance music, and has a dedicated day every week for local bands to perform. In Da Houz t

ries to build strong customer relations and patronage by gathering feedback from customers and asking the customers to provide their mobile numbers. Knowing the target customers, In Da Houz sends text messages to potential customers, telling them about happy hours, introducing a new drink, bands that are playing that week, dedicated genre nights, and other activities at the bar. What promotional tool is the company using
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
5 0

Answer:

Direct marketing            

Explanation:

In simple words, Direct marketing relates to the means of selling an deal, where companies specifically interact with a pre-selected client and provide a mechanism for veiled reference. It has also been recognized as direct reaction marketing amongst practitioners.

The least likely to be successful is indeed a direct marketing message that is sent to the largest possible public. After all, while simply irritating several other beneficiaries, the business can gain few more consumers.

You might be interested in
E15 3B (L0 1) (Stock Issued for Land) Twenty thousand shares reacquired by Sierra Land Inc. for $153 per share were exchanged fo
kodGreya [7K]

Answer and Explanation:

(a)

Dr Land ($176 X $20,000) $3,520,000

Cr Treasury Stock ($153 X $20,000) $3,060,000

Cr Paid-in Capital from Treasury Stock $460,000

b)

Cost of treasury stock might be used although , this is not a relevant measure of this economic event but it is a measure of a prior, unrelated event. Therefore the appraised value of the land is a reasonable alternative if based on appropriate fair value estimation techniques. However, it is an appraisal as opposed to a market-determined price. The trading price of the stock is probably the best measure of fair value in this type of transaction.

5 0
3 years ago
A bank has $8,000 in deposits and $6,000 in loans. It has loaned out all it can given the reserve requirement. It follows that t
Wittaler [7]

Answer:

c. 25 percent.

Explanation:

The computation of the reserve requirement percentage is shown below:

Given that

Deposits made = $8,000

Loans = $6,000

So the required reserve is

= deposits made - loans

= $8,000 - $6,000

= $2,000

Now the required reserve is

= $2,000 ÷ $8,000

= 25%

Hence, the correct option is c. 25 percent

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

7 0
3 years ago
Pepper Enterprises owns 95 percent of Salt Corporation. On January 1, 20X1, Salt issued $220,000 of five-year bonds at 115. Annu
Viktor [21]

Solution :

a).

Par value of the bonds outstanding                   220,000

Annual interest rate                                              x 10%

Interest payment                                                 220,000

Amortization of the bonds premium                     6600     $\left( \frac{220,000 \times 15\%}{5}\right)$

Interest charged for full year                              15400

Less:interest on the bond purchased                  2567

by Online Enterprise (15400 x 1/2) x

(4 months / 12 months)

Interest expense included in the consolidated   12833

income statement

b).

Sale price of bonds, 1 Jan 20x1                           138,000

(120,000 x 115%)

Amortization of premium                                       9600    $\left(\frac{\$120,000 \times 15\%}{5 \ yrs} \times 2\frac{2}{3}\right)$

Book value at time of purchase                         128,400

Purchase price                                                    120,000

Gain on bond retirement                                     8400

c).

Events   Accounts                               Debit            Credit

1           Bonds payable                       120,000

           Bonds premium                       6600

           interest income                        4367

          investment in Salt bonds                             120,000

          Interest expense                                           2567

          Gain on bond retirement                              8400

2      interest payable                            8100

      (4950+11900+8750)

      Interest receivable                                          8100

6 0
3 years ago
When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the _______________
Blababa [14]

Answer:

opportunity cost

Explanation:

When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the opportunity cost of investing in physical capital.

6 0
3 years ago
The following information is available for the year ended December 31: Beginning raw materials inventory $ 3,900 Raw materials p
love history [14]

Answer:

Direct material used= $4,900

Explanation:

Giving the following information:

Beginning raw materials inventory $ 3,900

Raw materials purchases 5,400

Ending raw materials inventory 4,400

<u>To calculate the direct material used, we need to use the following formula:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 3.900 + 5,400 - 4,400

Direct material used= $4,900

8 0
3 years ago
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