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Genrish500 [490]

2 years ago

15

When advertising and promotional efforts to sell a product or service address a specific demographic, e.g., age, gender, or ethn

icity, this group is referred to as the

1 answer:

Musya8 [376]2 years ago

6 0

Target market and target demographics. You can think of this as an avatar of the ideal customers.

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Match each of the following types of evaluation with one of the listed users of accounting information. (Note: There might be us

padilas [110]

Answer:

A) Trying to determine whether the company's net income will result in a stock price increase - Investors in common stock

B) Trying to determine whether an advertising proposal will be cost-efficient - Marketing managers

C) Trying to determine whether the company can pay its obligations - Creditors

D) Trying to determine whether the company should employ debt or equality financing - Chief Financial Officer

E) Trying to determine whether the company complied with tax laws - Internal Revenue Service

4 0

3 years ago

Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,470 May 3,830 June 4,570 July

Ne4ueva [31]

Answer:

1. Production units for April 3,650 units

Production units for May 4,200 units

Production units for June 4,370 units

2. Budgeted cost of materials for April = $ 21,980

Budgeted cost of materials for April = $ 23,996

Explanation:

Computation of budgeted production units

April May June

Units Units Units

Ending Inventory - 50 % of next month 1,915 2,285 2,085

Add: Sales 3,470 3,830 4,570

Less: Opening Inventory-50% of current month <u>( 1,735)</u> <u>(1,915)</u> (<u>2,285)</u>

Production units for the month 3,650 4,200 4,370

Computation of cost of materials

Units production 3,650 4,200 4,370

Material requirement per unit - 2 pounds

Total material requirement for production 7,300 8,400 8,740

Closing inventory-50% next month production 4,200 4,370

Opening inventory-50% of current production <u>( 3,650) </u> <u> (4,200)</u>

Total material requirement for production 7,850 8,570

Cost per pound of direct material $ 2.80

Total direct material Budget $ 21,980 $ 23,996

4 0

3 years ago

An increase in a firm's tax rate will__________ if the firm has debt capital in its capital structure:

Temka [501]

Answer:

d. decrease the firm's WACC.

Explanation:

As per WACC formula

WACC = ( Weight of Common Equity x Cost of Common Equity ) + ( Weight of Common Debt x Cost of Common Debt x ( 1 - Tax rate ) ) + ( Weight of Preferred Equity x Cost of Preferred Equity )

By assuming the values to prove the answer

Weights

Common equity = 55%

Preferred Equity = 15%

Debt = 30%

Costs

Common equity = 15%

Preferred Equity = 8%

Debt = 12%

Tax rate is 15%

Placing values in the formula

WACC = ( 55% x 15% ) + ( 30% x 12% x ( 1 - 15% ) ) + ( 15% x 8% )

WACC = 8.25% + 3.06% + 1.2% = 12.51%

Keeping others values constant, Now increase the Tax rate to 25% and placing vlaues in the formula

WACC = ( 55% x 15% ) + ( 30% x 12% x ( 1 - 25% ) ) + ( 15% x 8% )

WACC = 8.25% + 2.7 + 1.2% = 12.15%

Hence the WACC is decreased from 12.51% to 12.15% when the tax rate is increased from 15% to 25% keeping other values constant.

7 0

2 years ago

What is the book value of muffin's masonry's assets today and the market value of these assets

pishuonlain [190]

Answer:

13

Explanation:

7 0

3 years ago

Pepe, Incorporated acquired 60% of Devin Company on January 1, 2018. On that date Devin sold equipment to Pepe for $45,000. The

CaHeK987 [17]

Answer: $9000

Explanation:

Based on the values given in the question, the consolidated gain or loss on equipment for 2018 would be calculated as:

Cost of equipment = $120,000

Less accumulated depreciation = $66,000

Less: Amount Devin sold equipment to Pepe = $45,000

Consolidated loss= $120,000 - $66000 - $45000

= $9000

8 0

3 years ago