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Lisa [10]
2 years ago
6

A company has $10,710 available per month for advertising. Newspaper ads cost $180 each and can't run more than 22 times per mon

th. Radio ads cost $560 each and can't run more than 31 times per month at this price
Business
1 answer:
True [87]2 years ago
3 0

Answer:

22 radio advertisements will be used.

Explanation:

<u>Note</u>: A similar complete question is as follow as the question provided is incomplete <em>"A company has $11,970 available per month for advertising. Newspaper ads cost $110 each and can't run more than 25 times per month. Radio ads cost $410 each and can't run more than 32 times per month at this price. Each newspaper ad reaches 5950 potential customers, and each radio ad reaches 7100 potential customers. The company wants to maximize the number of ad exposures to potential customers. Use n n for number of Newspaper advertisements and r r for number of Radio advertisements . Maximize P"</em>

Number of potential customers that can be reached due to each dollar spent in newspaper advertising =  5950 / 110 = 54.09

Number of potential customers that can be reached due to each dollar spent in Radio advertisements = 7100 / 410 = 17.32.

As the number of potential customers reached by each dollar spent is more from the newspaper advertising, we will use all the newspaper advertising opportunities before going for the radio advertisements. So, we will choose to have 25 newspaper advertisements in the month.

The cost of 25 newspaper advertisements = 25*110  = $2750.

Amount left = $11970 - $2750 = $9220.

Number of radio advertisements possible in this budget = 9220 / 410 = 22.48

Hence, 22 radio advertisements will be used.

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A $1000 par value bond with 5 years to maturity and a 6% coupon has a yield to maturity of 8%. Interest is paid semiannually. Ca
Katarina [22]

Answer:

$918.89

Explanation:

For computing the current price of the bond we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Future value = $1,000

Rate of interest = 8%  ÷ 2 = 4%

NPER = 5 years × 2 = 10 years

PMT = $1,000 × 6% ÷ 2 = $30

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the current price of the bond is $918.89

7 0
3 years ago
Evaluate the impact that the 5 Total Quality Management (TQM) elements have on Woolworths, as a large company.​
ki77a [65]

The main impact that the 5 Total Quality Management have on Woolworths is that it helps quality assurance for customers.

<h3>What is the Total Quality Management?</h3>

This is a management system that is assert that all staff must be committed to maintaining high standards of work in every aspect of a company's operations.

The five concept of Total Quality Management includes:

  • Produce quality work the first time
  • Focus on the customer
  • Have a strategic approach to improvement
  • Improve continuously
  • Encourage mutual respect and teamwork.

Read more about Total Quality Management

<em>brainly.com/question/23443069</em>

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5 0
2 years ago
The fiscal 2016 financial statements of nike inc. shows net operating profit margin (nopm) of 11.4%, net operating asset turnove
kolezko [41]
<span>E, there is not enough information without actually having the Return on Equity from which we can subtract the operating return. With only percentages, we cannot extract this answer.</span>
7 0
3 years ago
1. Explain the difference between required rate of return and expected rate of return. If they are different at a specific point
77julia77 [94]

Answer: The answers to the questions are provided below.

Explanation:

1. The Required Rate of Return(RRR) is the absolute minimum return on an investment that an individual or firm would accept for the investment to be considered worthwhile. The required rate of return helps in deciding whether an investment is worth the cost or not.

An expected rate of return helps in knowing out how much one can expect to make from an investment. An expected rate of return is the return on investment that an individual or firm expects to make when investing in a stock.

The RRR is the least possible rate which would entice someone to invest while the expected rate of return is what the person plan to make from that investment and its calculation is based on probability.

When there is difference between the required rate of return and expected rate of return for an asset at a specific period of time, it means that the economic conditions aren't normal as there is either inflation or deflation in the market.

2. The holding period return is the total return gotten from holding an asset over a particular period of time which is known as the “holding” period while the expected return is the return based on probability-weighted average of likely returns from an investment.

3. Diversification is a technique that is applied to reduce risk through the allocation of investments among several financial instrument and industries. Diversification aims to maximize the returns through investment in different sectors because each sector will likely react differently when there's a risk. Investing in more than one asset through diversification is essential because each asset will react differently when a risk occurs.

3 0
3 years ago
In a command economy, the __________ either makes most economic decisions itself or at least strongly influences how the decisio
Nonamiya [84]

In a command economy, the <u>government</u> either makes most economic decisions itself or at least strongly influences how the decisions are made. group of answer choices.

Economic decisions involve production, distribution, exchange, consumption, saving, and investment of economic resources. Private and Public Goals. Economic decisions are made to serve the goals of individuals and private organizations (private goals) and society as a whole (public goals).

In reality, economics is a vitally important subject because it is the study of making choices. More specifically, it is the study and practice of making choices in a world of limited resources (scarcity). You cannot go for a day without making economic decisions.

learn more about Economic decisions here

brainly.com/question/1106682

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5 0
8 months ago
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