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3 years ago

What is in-house advertising agency?

2 answers:

7 0

The advertising agency is a company that acts as an intermediary between the manufacturer of goods and services and the mass media that ultimately bring the message to the attention of consumers. In this way, the advertising needs of the agency's client are met.

Natasha_Volkova [10]3 years ago

6 0

In-house agency definition: in-house agency refers to a brand's internal team that focuses on the advertising and marketing of their product or service. The in-house agency is responsible for all of a brand's marketing and advertising tasks including: Account management. Advertising campaigns.

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Consider a mutual fund with $203 million in assets at the start of the year and with 10 million shares outstanding. The fund inv

balu736 [363]

Answer:

8.66%

Explanation:

The computation of the rate of return for the investor in the fund is as follows:

= (Net assets at the end + dividend per share - nav at the beginning of the year) ÷ (nav at the beginning of the year)

where,

Net assets at the end is

= $203 million + $203 million × 7% - ($217.21 million × 0.75%)

= $203 million + $14.21 million - $1.6291 million

= $217.21 million - $1.6291 million

= $215.58093 million

Dividend per share is

= $5 million ÷ 10 million shares

= 0.5

Nav at the beginning of the year is

= $203 million ÷ 10 million shares

= $20.3

Now the rate of return is

= ($215,.58093 + 0.5 - $20.3) ÷ ($20.3)

= 8.66%

6 0

2 years ago

Prepare the necessary general journal entries for the month of October for Crane Retail for each situation given below. Crane us

harkovskaia [24]

The necessary journal entries for October month are attached below in the image :

<h3>What do you mean by journal entries?</h3>

All company transactions are documented in journal entries. Generally speaking, a transaction is any financial activity that has an effect on a business.

All the necessary journal entries are attached below:

Learn more about journal entries:

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3 0

2 years ago

Discussed why present age diseases are different from the pasr

tester [92]

Answer:

in the past we did not have much reshcearch to help figure out what is wrong

now we have the tech to help and we also have vacanation

Explanation:

6 0

3 years ago

Read 2 more answers

Which section in a CAR Residential Purchase Agreement shows who will pay the county transfer fee, HOA related fees, private tran

natka813 [3]

Answer:

Other Costs

Explanation:

8 0

3 years ago

Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $13,800 ($1,150/month) in advance

tigry1 [53]

Answer:

Dec 31 Rent expense $3450 Dr

Prepaid Rent $3450 Cr

Oct 1 Prepaid Rent $13800 Dr

Cash $13800 Cr

Year end balances at 31 December:

Rent Expense = $3450

Prepaid Rent = $10350

Explanation:

Assumption: The year end for the business in on 31 December.

The rent is paid in advance thus it is an asset. On 31 December the adjusting entry will be made under the accrual principle to match the current period's rent expense and record it in the period to which it belongs to. Thus we will credit the rent expense for 3 months i.e. October, November and December. We will credit the asset account that is Prepaid Rent.

The prepayment of rent is creating an asset account in the title of prepaid rent. The entry would be to record the asset prepaid rent by the full amount of the rent prepaid and credit the other asset account through which the payment is being made.

The adjusted year end balance for rent expense will be the rent expense paid for this period that is $1150 * 3 = 3450

The balance in the prepaid rent account after adjusting the rent expense will be,

Prepaid rent = 13800 - 3450 = $10350

8 0

3 years ago