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3 years ago

How does the work done by agriculture communications professionals compare to and differ from that of other marketing workers?

Business

1 answer:

Phoenix [80]3 years ago

4 0

Answer:

Agriculture communications professionals need to have the same basic background on marketing, covering areas such as market research, product research, and market communication.

However, they will also need to have an agriculture-related background, because they need to understand the dynamics of the agriculture business, from farm issues, to the kind of crops or produce that they can buy or sell in a specific area, to even agricultural policy.

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Raphael lives in San Diego and runs a business that sells guitars. In an average year, he receives $722,000 from selling guitars

Rzqust [24]

Answer:

Statement 1: Explicit cost

Statement 2: Implicit cost

Statement 3: Implicit cost

Statement 4: Explicit cost

Accounting profit = Sales revenue - Explicit cost

= 722,000 - (422,000 + 268,000)

= $32,000

Economic profit = Sales revenue - (Explicit cost + Implicit cost)

= 722,000 - (422,000 + 268,000 + 2,000 + 21,000)

= $9,000

4 0

4 years ago

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di

Kaylis [27]

Answer:

Dr Retained Earnings 500,000

Cr Com. Stock Dividend Distributable 100,000

Cr Add’l Paid – in Capital, Com. Stock 400,,000

Explanation:

Preparation of the journal entry

Dec. 31

Dr Retained Earnings 500,000

[(100,000 x (50/100)* 10 market price]

Cr Com. Stock Dividend Distributable 100,000

[(100,000 x (50/100)*2 par value ]

Cr Add’l Paid – in Capital, Com. Stock 400,,000

(500,000 – 100,000 )

6 0

3 years ago

Offering customers different sized garbage bins for different disposal fees/prices, is one form of _______________ system.

Paul [167]

Answer: VARIABLE-RATE OR “PAY-AS-YOU-THROW”

Explanation:

7 0

3 years ago

International Data Systems' information on revenue and costs is relevant only up to a sales volume of 121,000 units. After 121,0

laila [671]

Answer:

a. $534,000

b. $271,550

Explanation:

a. Compute operating income at 121,000 units

Using this formula

Operating Income = (Price per unit - Variable cost per unit)*Units - Fixed costs

Let plug in the formula

Operating Income = ($10.00 - $5.00)*121,000 - $71,000

Operating Income = ($5.00)*121,000 - $71,000

Operating Income =$605,000-$71,000

Operating Income = $534,000

Therefore operating income at 121,000 units is $534,000

b. Compute operating income at 221,000 units

Using this formula

Operating Income = (Price per unit - Variable cost per unit)*Units - Fixed costs

Let plug in the formula

Operating Income = ($6.80 - $5.25)*221,000 - $71,000

Operating Income = $1.55*221,000-$71,000

Operating Income = $342,550-$71,000

Operating Income = $271,550

Therefore operating income at 121,000 units at 221,000 units is $271,550

5 0

3 years ago

The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its n

Dmitrij [34]

Answer:

$9,600,000

Explanation:

The computation of the projected operating cash flow is given below:

= EBIT × (1 - tax rate) + depreciation expense

where

EBIT should be

= $20,000,000 - $8,000,000 - $6,000,000

= $6,000,000

Now the operating cash flow should be

= $6,000,000 × (1 - 0.40) + $6,000,000

= $3,600,000 + $6,000,000

= $9,600,000

4 0

3 years ago