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Lisa [10]
3 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]3 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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Elliston company accepted credit card payments for $10,000 of services provided to customers. the credit card company charges a
Nastasia [14]

To solve this question, take 3% of $10,000 to see what the increase would be:

$10,000 x 3% = $300

There is an increase of $300 due to the 3% credit card processing fee that the credit card company is imposing on Elliston.

8 0
3 years ago
Is Self-assessment Income tax or Consumer tax?​
nika2105 [10]

Answer:

I think it's a income tax

4 0
4 years ago
You hurt your back at work by falling of a ladder and are out of work for a month
elixir [45]

Answer:

Uh, of course I'm not at work! I brutally broke my back. Ouch.

8 0
3 years ago
Milton Corporation gives the preferred stockholders an annual dividend of $5 per share. Each share of stock sells for $100 and s
LuckyWell [14K]

Answer:

Milton Corporation

The company's cost of preferred stock is:

= 5.2%.

Explanation:

a) Data and Calculations:

Annual dividend per share = $5

Selling price of preferred stock = $100

Flotation cost per share = $3

The Company's cost of preferred stock, using the flotation cost is = Dividend per share/(Selling price - Flotation cost per share)

= $5/($100 - $3)

= $5/$97

= 0.052

= 5.2%

If the flotation cost was not incurred in the current period, the cost of preferred stock will be = $5/$100 = 0.05 = 5%

5 0
3 years ago
Other financial data for the year ended December 31, 2019: Included in accounts receivable is $1,200,000 due from a customer and
Kipish [7]

Answer:

$5,055,000

Explanation:

Note: <em>The full question is attached below</em>

<em />

Particulars                                                                    Amount

Cash                                                                            $875,000

Accounts receivable                          $2,695,000  

Less: Installments not due in 2021   <u>($600,000)</u>      $2,095,000

[$1,200,000 - ($150,000 * 4)]  

Inventory                                                                      <u>$2,085,000</u>

Total of current assets                                               <u>$5,055,000</u>

5 0
3 years ago
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