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alexdok [17]
3 years ago
6

What is an advertising allowance

Business
1 answer:
Aliun [14]3 years ago
5 0

Answer:

An advertising allowance is money that a product manufacturer or service provider pays to a retailer to get the word out about their product. ... By helping the retailer pay its advertising costs, the company's advertising allowance gives the retailer an incentive to carry that product.

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Monica was hired by the Misty Mount Corporation to take over as the new chief executive officer. Her initial impression is that
Svet_ta [14]

Answer:

A Mission and Vision Statement for Misty Mount Corporation.

Explanation:

A Mission & Vision statement is vital for any corporation.

The mission statement defines the fundamental purpose of the corporation and provides a coherent guide for the decision making process.

The vision statement ensures that the decisions that are made are in sync with what the corporation wants to achieve.  

5 0
3 years ago
Read 2 more answers
Roger purchased a stock for $16 a share. The stock paid a $1 annual dividend and increased in price by $2 a year for the followi
Gemiola [76]

Answer:

The answer is 11.2%

Explanation:

Cost of acquisition: $16 per share

Annual dividend: $1

The stock increases by $2 every year for 3 years. Therefore, we have:

First year is $16 per share

Second year is $18 per share

Third year is $20 per share.

The arithmetic average annual capital gain will be

($2/$16 + $2/$18 + $2/$20)/3

(0.125 + 0.111 + 0.1) / 3

0.336/3

0.112

Expressed as a percentage:

= 11.2%

8 0
3 years ago
Does anyone know how much smart boards are?
ivanzaharov [21]
Depends on brand. can vary from a few hundred to more.
6 0
3 years ago
Read 2 more answers
If the federal reserve lowers the federal funds rate, what will happen to bank savings account?
daser333 [38]
The savings account interest will remained the same
3 0
3 years ago
The financial records of LeRoi Jones Inc. were destroyed by fire at the end of 2014. Fortunately, the controller had kept certai
Stolb23 [73]

Answer:

LeRoi Jones Inc

Income statement for the year 2014

Sales (100/8 × $100,000)                                                 $1,250,000

Less Cost of Sales

Beginning merchandise                                  $92,000

Add Purchases                                               $481,600

Less Ending merchandise ($92,000 - 20%) ($73,600)  ($500,000)

Gross Profit                                                                         $750,000

Less Expenses :

Sales Discounts                                                  $17,000

Interest expense                                               $20,000

Administrative expenses ($500,000 × 20%) $100,000 ($137,000)

Profit before tax                                                                  $613,000

Income tax expense at 30%                                             ($183,900)

Net Income / Loss                                                              $429,100

Earnings Per Share                                                                 $21.46

Explanation:

Notes on income statement preparation

Use the statistical data to fill in the line items of the Income Statement as shown above.

For the Calculation of Sales, first calculate the administrative expenses. Apply the 8% on the administration cost to find sales at 100%.

Earnings Per Share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stock

                                = $429,100 ÷ $20,000

                                = $21.46

8 0
3 years ago
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