Answer:
the total asset turnover is 2.65 times
Explanation:
The computation of the total asset turnover is shown below;
As we know that
Total assets turnover is
= Net sales ÷ average of total assets
= $720,855 ÷ ($91,932 + $206,935 + $111,201 + $133,851) ÷ 2
= $720,855 ÷ $271,959.50
= 2.65 times
Hence, the total asset turnover is 2.65 times
There are three components in any integrated marketing communication approach: the Consumer Being Targeted, the channels through which the statement is communicated, and evaluation of the results of the communication.
<h3> Integrated marketing </h3>
Integrated marketing is the process of unifying all elements of marketing communication — such as advertisement, PR, and social media — and utilizing their respective mix of media, channels, and tactics to produce a seamless and customer-centric experience.
Integrated marketing communications is the technique by which a company provides different promotional methods within a marketing campaign are clear, constant and working toward the same goal.
IMC strategy include:
- Traditional and online earned media.
- Advertising.
- Online marketing including email marketing.
- Content marketing and social media marketing.
To learn more about Integrated marketing visit the link
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Answer:
Debit Office supplies, $500; credit Accounts payable, $500.
Explanation:
Purchase of supplies on credit will increase the supplies and increase the account payable balance as well. Supplies account is an asset account therefore it has debit balance and Account payable is a liability account so it has credit balance. To reflect the event following Journal entry is recorded.
Debit Office supplies $500
Credit Accounts payable $500
