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UNO [17]
3 years ago
7

Which of the following is NOT an accurate description of modern marketing?

Business
1 answer:
irinina [24]3 years ago
5 0

Answer:

The correct answer is a) Marketing emphasizes selling and advertising exclusively.

Explanation:

All of the options describe perfectly modern marketing, except for "Marketing emphasizes selling and advertising exclusively".

You might be interested in
_____ affects the perceptual process because employees are more likely to remember information that is consistent with their sel
Pie

Answer:

Self-Verification

Explanation:

Self-verification refers to verify themselves by other peoples. How other people understand them based on their feelings, beliefs, etc. In other words we can say self views that also includes self concepts and self esteem

In the given situation, since it affects the perceptual process as we recognized that the employees have a good memory with respect to self concept and especially negative information

8 0
3 years ago
Granite Stone Creamery sold ice cream equipment for $16,000. Granite Stone originally purchased the equipment for $90,000, and d
Sidana [21]

Answer:

The loss amount is "$3,000".

Explanation:

The given values are:

Sale amount,

= $16,000

Ice-cream equipment's cost,

= $90,000

Depreciation,

= $71,000

Now,

The book value will be:

= Ice \cream \ equipment's \ cost-Depreciation

On substituting the values, we get

= 90,000-71,000

= 19,000 ($)

The loss on the sale will be:

= Book \ value -Sale \ amount

= 19,000-16,000

= 3,000 ($)

4 0
3 years ago
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.30 Direct labor $
Sonja [21]

Answer:

$119,200

Explanation:

The Absorption Costing method is recommended by GAAP or IFRS for financial reporting instead of Variable Costing method.

Thus to calculate product costs under absorption costing, we add the total of all manufacturing costs (Variable and Fixed),

Non - Manufacturing costs are treated as Period Costs which are expensed in the Income Statement.

Direct materials ($ 5.30 x 8,000 units)                                  $42,400

Direct labor ($ 3.75 x 8,000 units)                                         $30,000

Variable manufacturing overhead ($ 1.35 x 8,000 units)      $10,800

Fixed manufacturing overhead                                             $ 36,000

Total Product Cost                                                                  $119,200

therefore,

The total amount of product costs incurred to make 8,000 units is $119,200.

5 0
3 years ago
Suppose GDP is $15 trillion, with $8 trillion coming from consumption, $2.5 trillion coming from gross investment, $3.5 trillion
Alenkasestr [34]

Answer:

$10.5 trillion

Explanation:

Given that,

GDP = $15 trillion

Consumption = $8 trillion

Gross investment = $2.5 trillion

Government expenditures = $3.5 trillion

Net exports = $1 trillion

Personal income = $12 trillion

Personal taxes = $1.5 trillion

Therefore, the personal disposable income is calculated as follows:

= Personal income - Personal taxes

= $12 trillion - $1.5 trillion

= $10.5 trillion

8 0
3 years ago
You ran a little short on your spring break vacation, so you put $1,032 on your credit card. You can afford only the minimum pay
salantis [7]

Answer:

<u>99.89 months</u>  or  <u>8.32 years</u>

Explanation:

This is an annuity problem. The formula is:

P=C[\frac{1-(1+r)^{-n}}{r}]

Where

P is the payment total need to be made

C is the periodic payment per period

r is the rate of interest

n is the time period

Given in the problem, you need to pay off 1032, so

P = 1032

Periodic payment of 20 per month, so

C = 20

Rate of interest 1.5% = 0.015, so

r = 0.015

Time (n) is what we want to find.

Substituting and using logs, we solve for t:

P=C[\frac{1-(1+r)^{-n}}{r}]\\1032=20[\frac{1-(1.015)^{-n}}{0.015}]\\51.6=[\frac{1-(1.015)^{-n}}{0.015}]\\0.774=1-(1.015)^{-n}\\1.015^{-n}=0.226\\\frac{1}{1.015^n}=0.226\\1.015^n=4.4248\\ln(1.015^n)=ln(4.4248)\\nln(1.015)=ln(4.4248)\\n=\frac{ln(4.4248)}{ln(1.015)}\\n=99.89

It will require <u>99.89 months!</u>

In years, that would be:

99.89/12 = <u>8.32 years!</u>

6 0
3 years ago
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