Answer:
depends on how much you already have...
Explanation:
Answer:
The total amount of interest paid on all three loans is 8,748.
Explanation:
Each person has borrowed 5,000 for the same period and with the same interest rate. However, the repayment is made differently by each person.
We calculate the interest paid by each person, and then sum up the three interest payments.
Seth pays = [5000 x (1 + 0.12/2)^10] - 5000 = 3,954
Janice pays = 5,000 X 0.06 x 10 = 3,000
Lori pays = [(5,000 x 10) / 7.36] - 5,000 = 1,794
Total interest payment = 3,954 + 3,000 + 1,794 = 8,748
Answer:
Which non-cash expense is added back to the net profit in the indirect method of preparing a cash flow statement? DEPRECIATION
The indirect method of preparing a cash flow statement adds a non-cash expense, such as DEPRECIATION and or AMORTIZATION, to the net profit.
Explanation:
Cash flow statement is a statement of account or financial statement prepared by firms or organisations that shows how money comes or flow into a company. It also shows the amount of money that a company receives from sales of their goods and services.
Cash flow statement also shows us the money invested my the company in outside ventures which is used for generating revenues for the company.
There are two methods of preparing Cash flow statements
a. Indirect method.
b. Direct method
The indirect method of preparing a cash flow statement involves stating the net income of the firm and then adding back non cash expenses such as Depreciation, Amortization back to the net profit. After which the determination of the actual inflow or outflow of cash from firm in carried out.
<u>Full question:</u>
The producers of a new movie decide that they want three Jeep Cherokees for the main characters (Huey, Dewey, and Louie) to drive. After negotiating with Jeep, they decide that Jeep will donate the three vehicles to the movie producers in exchange for the ability to use Huey, Dewey, and Louie in their next commercial. This approach to product placement is known as:
A. Sponsorship
B. Reciprocal
C. Personal Selling
D. Barter
<u>Answer:</u>
This approach to product placement is known as:Reciprocal
<u>Explanation:</u>
Reciprocal marketing defines a condition in which two businesses support each other to obtain a bilateral benefit. Reciprocal marketing transpires when companies accept to barter each others' goods or services or when a firm does something "free" for clients and a portion of these consumers reciprocate by purchasing from that company.
An essential and frequently employed reciprocal marketing method that is marketing to the client preferably than business to business are free propositions. The means this acts is that your business contributes to a "freebie" to inherent buyers.
Answer:
Letter E is correct. <u>Sales promotion.</u>
Explanation:
When an organization decides to conduct a sales promotion, it uses a set of tools to encourage and consequently increase short-term sales of products and services.
There are several strategies for conducting a sales promotion. Companies can use:
- discount coupons,
- samples,
- gifts,
- sweepstakes,
- rewards,
- point of sale promotion,
- promotional discounts (...)
There are two factors that influence the development of sales promotion goals: audience and rapprochement (which can be proactive or reactive). The audience sets the goals, so proactive advocacy is about expanding the market, increasing revenue, creating brand value. Reactive goals are determined by negative situations, so goals include market exit, matching competitors and generating liquidity.
