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2 years ago

Identify the type of advertising based on the given scenario.

Business

1 answer:

frutty [35]2 years ago

5 0

Answer:

Direct marketing

Explanation:

In simple words, Direct marketing can be defined as a means to convey an bid, through which companies communicate individually with a pre - specified client and provide a specific answer process. This method is also regarded, by professionals, as direct reaction advertising.

Thus, from the above we can conclude that the the company should employee direct marketing tools.

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Both country 1 and country 2 are located on their respective production possibilities frontiers (PPFs) for consumer goods and ca

nikdorinn [45]

Answer:

A) Country 1's PPF lies further to the right than country 2's PPF.

Explanation:

Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.

If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.

Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.

7 0

2 years ago

A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of 10%, $100 par, cu

ad-work [718]

Answer:

See the attached photo for the completed the schedule.

Explanation:

Note: See the attached photo for the completed the schedule.

In the attach excel file, the following formulae and calculations are used:

Peferred stock dividend per share = Total cumulative preferred stock dividend paid in a year / Number of cumulative preferred shares

Common stock dividend per share = Total common stock dividend paid in a year / Number of common shares

Total cumulative preferred stock dividend = Number of cumulative preferred stock * Par value * Dividend rate = 2,500 * $100 * 10% = 2,500 * $100 * 10% = $25,000

Outstanding cumulative preferred stock dividend in Year 1 = Total cumulative preferred stock dividend - Total cumulative preferred stock dividend paid in Year 1 = $25,000 - $10,000 = $15,000

Outstanding cumulative preferred stock dividend in Year 2 = Outstanding cumulative preferred stock dividend in Year 1 = $15,000

Total cumulative preferred stock dividend paid in Year 3 = Total cumulative preferred stock dividend + Outstanding cumulative preferred stock dividend in Year 2 = $25,000 + $15,000 = $40,000

Total common stock dividend paid in Year 3 = Dividend distributed in Year 3 - Total cumulative preferred stock dividend paid in Year 3 = $60,000 - $40,000 = $20,000

6 0

2 years ago

Alzania produces and consumes 500,000 tons of cotton during a year. Reports indicate that Alzania's neighbor, which also emplo

Rama09 [41]

Answer:

The answer is: E) workers in Alzania have higher productivity due to better education and training.

Explanation:

Alzania and its neighbor both produce cotton and they both have the same amount of workers in the production of cotton. If Alzania is able to produce more cotton (or any type of product) using the same amount of resources (in this case labor) than its neighbor, we can conclude that Alzania does have an absolute advantage in that industry.

This absolute advantage exists because Alzania's workers are more productive than their neighbor's workers.

For example, lets say both countries have 5,000 cotton workers. Alzania produces 100 tons of cotton per worker, while its neighbor only produces 80 tons of cotton per worker. That means Alzania's workers are more productive, and labor usually gains productivity through education or training.

4 0

3 years ago

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to

docker41 [41]

Answer:

a. An analysis of WTI's insurance policies shows that $2,400 of coverage has expired.

Dr Insurance expense 2,400

Cr Prepaid insurance 2,400

b. An inventory count shows that teaching supplies costing $2,800 are available at year-end.

Dr Teaching supplies expense 5,200

Cr Teaching supplies 5,200

c. Annual depreciation on the equipment is $13,200.

Dr Depreciation expense 13,200

Cr Accumulated depreciation: equipment 13,200

d. Annual depreciation on the professional library is $7,200.

Dr Depreciation expense 7,200

Cr Accumulated depreciation: professional library 7,200

e. On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,500, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2016.

Dr Unearned training fees 5,000

Cr Training fees earned 5,000

f. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,000 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI's accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.)

Dr Accounts receivable 4,500

Cr Tuition fees earned 4,500

g. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.

Dr Salaries expense 400

Cr Salaries payable 400

h. The balance in the Prepaid Rent account represents rent for December.

Dr Rent expense 3,000

Cr Prepaid rent 3,000

Wells Technical Institute (WTI)

Adjusted Trial Balance

Debit Credit

Cash $34,000

Accounts receivable $4,500

Prepaid rent $0

Teaching supplies $2,800

Prepaid insurance $9,600

Professional library $35,000

Accumulated depreciation: $10,000

Professional library

Equipment $80,000

Accumulated depreciation: $22,200

Equipment

Accounts payable $39,200

Salaries payable $400

Unearned training fees $7,500

Common stock $10,000

Retained earnings $80,000

Dividends $50,000

Tuition fees earned $128,400

Training fees earned $45,000

Depreciation expense: $7,200

Professional library

Depreciation expense: $13,200

Equipment

Salaries expense $50,400

Insurance expense $2,400

Rent expense $36,000

Teaching supplies expense $5,200

Advertising expense $6,000

Utilities expense $6,400

Totals $342,700 $342,700

Wells Technical Institute (WTI)

Income Statement

For the year ended December 31, 2016

Revenue:

Tuition fees earned $128,400
Training fees earned $45,000 $173,400

Operating expenses:

Depreciation expense $20,400
Salaries expense $50,400
Insurance expense $2,400
Rent expense $36,000
Teaching supplies expense $5,200
Advertising expense $6,000
Utilities expense $6,400 ($126,800)

Operating income $46,600

Wells Technical Institute (WTI)

Balance Sheet

For the year ended December 31, 2016

Assets:

Cash $34,000

Accounts receivable $4,500

Teaching supplies $2,800

Prepaid insurance $9,600

Professional library, net $25,000

Equipment, net $57,800

Total assets $133,700

Liabilities:

Accounts payable $39,200

Salaries payable $400

Unearned training fees $7,500

Total liabilities $47,100

Stockholders' Equity:

Common stock $10,000

Retained earnings $76,600

Total stockholders' Equity $86,600

Total liabilities and equity $133,700

Wells Technical Institute (WTI)

Statement of Retained Earnings

For the year ended December 31, 2016

Beginning balance January 1, 2016 $80,000

Net income $46,600

Subtotal $126,600

Dividends ($50,000)

Ending balance December 31, 2016 $76,600

7 0

3 years ago

The concept of opportunity cost would no longer be relevant if.

Anastaziya [24]

Answers
What’s the question you didn’t show a picture
Explanation

5 0

2 years ago

Read 2 more answers