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erica [24]
3 years ago
13

If a firm's promotional budget were extremely limited, for which of the following reasons would it be more likely to rely on per

sonal selling as its main promotional tool? Group of answer choices It is easier to measure a salesperson's effects on sales than advertising's effects on sales. The firm is charging a higher price to cover the expensive salaries of its salespeople. TV and radio ads are not feasible for smaller companies. People are more likely to believe a human being than a print ad. It can achieve more sales through business customers than through individual consumers.
Business
1 answer:
alexgriva [62]3 years ago
4 0

Answer:

It is easier to measure a salesperson's effects on sales than advertising's effects on sales is the correct answer.

Explanation:

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At the beginning of 2020, Earth Co purchased a machine at a cost of $40,000. Earth Co expects the machine to remain useful for e
emmasim [6.3K]

Answer:

Option B Depreciation Expense $8,400, net book value $31,600

Explanation:

The depreciation can be calculated using the following formula:

Depreciation For Y1 = (Cost - Residual Value)* Hours consumed / T. Hours

Here

Cost is $40,000

Residual Value is $5,000

Hours consumed are 1,200 hours

Total Hours are 5,000 hours

Now by putting values, we have:

Depreciation For Y1 = ($40,000 - $5,000) * 1200 / 5000

Depreciation For Y1 = $8,400

Now Net Book Value can be calculated using the following formula:

Net Book Value = Cost  - Accumulated Depreciation

Net Book Value = $40,000 - $8400 = $31,600

Hence the right answer is option B.

8 0
3 years ago
Ivanhoe Company issued $250,000 of 10%, 20-year bonds on January 1, 2022, at face value. Interest is payable annually on January
Ivanshal [37]

Answer:

Dr. Cash                 $250,000

Cr. Bond Payable  $250,000

Explanation:

Bonds issued are the liabilities for the company because it company received cash against the bonds which will be paid at maturity along with the interest.

As cash is an asset and it is being received, to increase the value of cash balance we debited the cash account. The bond is a liability and to add a value in a liability account we need to credit the bond payable account.

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3 years ago
According to David Taylor of the Bank Administration Institute, about _____ percent of households with annual incomes over $50,0
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The answer is : about 40 Percent of the households

He argued that households with an annual income less than $50,000 dollars prefer to spend their disposable income on things like daily necessities or their child's college fund


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3 years ago
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The answer to the question how many direct labor hours were estimated for the year is letter B which is 180,000.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
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3 years ago
Explain one advantage of using retained profit as a source of finance. ​
Neporo4naja [7]
Retained profits have several major advantages: They are cheap (though not free) – effectively the "cost of capital" of retained profits is the opportunity cost for shareholders of leaving profits in the business (i.e. the return they could have obtained elsewhere)
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3 years ago
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