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denis23 [38]
3 years ago
13

Hunt Advertising is collaborating on an initiative with the Odessa Arts Council, a nonprofit organization, by providing public-r

elations training to working professionals throughout West Texas. Twenty percent of the fee that the participants would pay is given to the nonprofit organization. The nonprofit organization in turn reaches a wider range of audience across West Texas for its training program. This scenario illustrates _______.
Business
1 answer:
natita [175]3 years ago
6 0

Incomplete question. The options:

a.  green marketing

b.  effect-related marketing

c.  cause-related marketing

d. relationship marketing

Answer:

<u>c.  cause-related marketing</u>

Explanation:

Note, a marketing effort that is centered primarily on making an impact or a said cause; usually, it involves a mutually benefiting agreement, in which a corporation would collaborate with a non-profit such that

  1. the corporation benefits (maybe in terms of sales), and
  2. the non-profit benefits in terms of fulfilling a cause.

The idea is that consumers would be drawn if they see that when they pay for a particular service or product, they will be contributing to a good cause.

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Before Cheyenne Corporation engages in the following treasury stock transactions, its general ledger reflects, among others, the
strojnjashka [21]

Answer:

a) Bought 400 shares of treasury stock at $40 per share:

Dr Treasury stock                       16,000

Cr Cash                                       16,000

( to record the repurchased of 400 shares at $40 each)

b) Bought 290 shares of treasury stock at $45 per share:

Dr Treasury stock                       13,050

Cr Cash                                       13,050

( to record the repurchased of 290 shares at $45 each)

c) Sold 370 shares of treasury stock at $42 per share:

Dr Cash                                                15,540

Cr Common stock                               14,800

Cr Paid-in capital - common stock     740

( to record the sell of 370 shares repurchased at selling price of $42)

d) Sold 110 shares of treasury stock at $38 per share:

Dr Cash                                                4,180

Dr  Paid-in capital - common stock    620

Cr Common stock                               4,800

( to record the sell of 110 shares repurchased at selling price of $38)

Explanation:

a)

Following  repurchased of 400 shares at $40 each, cash account goes down (Cr) by 40 x 400 = $16,000; Treasury account will go up (Dr) by the same amount.

b)

Following  repurchased of 290 shares at $45 each, cash account goes down (Cr) by 290 * 45 = $13,050; Treasury account will go up (Dr) by the same amount.

c)

As FIFO apply, the selling of 370 repurchased stock will make the Common stock account goes up (Cr) by 40 x 370 = 14,800; Cash account goes up (Dr) by 370 x 42 = $15,540; the difference of 740 will go into (Cr) Paid-in capital - common stock.

d)

As FIFO apply, the selling of 110 repurchased stock will make the Common stock account goes up (Cr) by 30 x 40 + (110-30) * 45 = $4,800; Cash account goes up (Dr) by 110 x 38 = $4,180; the difference of 620 will go into (Dr) Paid-in capital - common stock.

7 0
3 years ago
A national grocery chain sets up a store in a small town. It sources most of its produce from the local farmers. Since it source
allsm [11]

Answer:

The correct answer is letter "E": economies of scale.

Explanation:

Economies of scale mean productivity becomes more efficient as the number of goods produced increases. In most cases, companies that achieve economies of scale lower the average cost of their products by increasing production which is due to the spread of fixed costs required to produce the product among a large number of goods. Lower production costs typically represent lower prices for consumers.

8 0
3 years ago
Trust Company applies overhead based on direct labor hours. At the beginning of the year, Trust estimates overhead to be $700,00
Svetradugi [14.3K]

Answer:

$100,000

Explanation:

Data provided in the question:

Estimated overhead = $700,000

Estimated machine hours = 200,000

Estimated Direct labor hours = 35,000

Direct labor hours for February = 5,000

Now,

The Predetermined Overhead Rate is calculated as

= ( Estimated Overhead Cost ) ÷ ( Estimated Direct Labor hour )

or

Predetermined Overhead Rate = $700,000 ÷ 35,000

or

Predetermined Overhead Rate = 20 per direct labor hour

Therefore,

The amount of overhead applied for February

= Predetermined Overhead Rate × Direct labor hours for February

= 5,000 × $20

= $100,000

6 0
3 years ago
Assume there is an economy with a single bank, and the central bank sets the reserve requirement ratio at 5%. Assume also that t
Elza [17]

Answer:

An Economy with a Single Bank

a. The amount of required reserves = $100

The amount of actual reserves = $100

The amount of excess reserves = $0.

b. The total amount of loans, deposits, and money in the economy

= $40,000

c. The size of the money multiplier for this economy

= 20

Explanation:

a) Data and Calculations:

Reserve requirement ratio = 5%

Customer's deposit = $2,000

Amount of required reserves

= Initial deposits multiplied by reserve ratio

= $100 ($2,000 * 5%)

Actual reserves = $100

Excess reserves = $0

Total amount of loans, deposits, and money in the economy

= Initial Deposits/Reserve Ratio

= $40,000 ($2,000/0.05)

The size of the money multiplier for this economy = Total money supply in the economy divided by the initial money deposits

= $40,000/$2,000

= 20

b) The Money Multiplier refers to how the initial deposit of $2,000 leads to a bigger final increase in the total money supply of $40,000.  It means that the money multiplier is 20 or that the initial deposit of $2,000 has multiplied by 20 to $40,000.

8 0
3 years ago
Corporate social responsibility (csr) means that a corporation should:
postnew [5]
<span>Corporate Social Responsibility (CSR) can be described as an approach of business that contributes to continuous development of business by providing/delivering economic, environmental and social benefits to all the stakeholders of the company. CSR means that a corporation should take accountability of its actions on people, community and the environment in which it exists.</span>
6 0
3 years ago
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