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liubo4ka [24]
3 years ago
9

When the ABC Corporation first opened their doors for business, they had no idea how much to allocate to promotional expenditure

s. They decided that if they wanted to be as successful as their leading competitors, they needed to invest in the brand to the same level. After tracking the marketing tactics of the competition, they were able to estimate the costs and develop a realistic budget that the marketing director was able to spend throughout the year to achieve their communications goals. This is an example of a(n) _____________, fill in the blank, approach to budgeting.
Business
1 answer:
mafiozo [28]3 years ago
8 0

Answer:

Competitive parity

Explanation:

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Prime Corporation's building was destroyed by a tornado. The fair market value of the building at the time of the tornado was $4
Sergio [31]

Answer:

D) $150,000

Explanation:

Insurance proceeds that are not reinvested in replacing damaged property are taxed. Apparently Prime corporation didn't reinvest into replacing the property, so this transaction should be taxed as a property sale. Prime received $400,000 for the building with a $350,000 basis which results in a net gain = $50,000.

The other $100,000 were given as replacement income and therefore should be taxed as such.

So the total taxable amount = $50,000 + $100,000 = $150,000

4 0
4 years ago
1. Your roommate's long hours in chem lab finally paid off--she discovered a secret formula that lets people do an hour's worth
oksano4ka [1.4K]
It depends on the particular situation if she sells it for $300 she gains for that one sale. But if that person can reproduce the formula and sell it herself then she should not do it. if she can't reproduce it and sell it herself then yes tell it to the room mate for $300. and why are you spending so much on Advertising I would definitely cut back on my advertising costs and find different Avenues there's no way you should be paying the same price on a product that cost you $200 to make and you spent $200 to advertise know your product is $400 with no profit for you yet. it would be much better to sell a product and gain more profit in spending so much money on Advertising. There are so many ways to advertise over social media Google tweeter Yelp that will help you a great deal and they do not cost a lot at all Google my business is only $300 a year or 350 A year and Facebook business class nothing unless you want to put more advertising in it which is very inexpensive Yelp is very good a small campaign is 350 a month and they will give you all the graphs to Target your advertising
8 0
4 years ago
Skoff Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished
puteri [66]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Refurbishing materials:

Variable cost= $600

Fixed costs= $18,800

Estimated cost= 600*35 + 18,800= $39,800

Actual cost= 600*32 + 18,800= $38,000

Refurbishing activity variance= Estimated - actual cost

Refurbishing activity variance= 39,800 - 38,000= 1,800 favorable

5 0
4 years ago
What is the relationship between gold standard and the concept of representative money?
ANTONII [103]
<span>It is the value of the gold that backs the value of representative money.</span>
5 0
3 years ago
An agency's power to determine whether the activity of a regulated entity is acceptable or not is an example of:______.a. rate-m
Oksana_A [137]

Answer:

c. power over business practices

Explanation:

Regulatory agencies are formed to monitor and checkmate adverse activities of a certain sector of an economy.

They have various powers that can be used to control activities in a economic sector:

- Licencing power is the ability to give access to the players in a particular business sector.

- Rate making power is the ability of regulatory agency to determine price of commodities

- Power over business practices is regulatory agency's power to determine whether the activity of a regulated entity is acceptable or not.

For example if regulatory agency in communication notices the process for registering new clients is too cumbersome, they can enforce a more simple and streamlined process

8 0
3 years ago
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