The answer to the statement is false. It is because it is restricted to use conventional promotional efforts in which it shouldn’t be used. As this is only applicable in the right place and time, addition to that, sale speak shouldn’t also be used because audiences usually rejects it.

7 0

3 years ago

The following December 31, 2021, fiscal year-end account balance information is available for the Stone Corporation:Cash and cas

blsea [12.9K]

Answer:

Total current assets = $112500

Short term investments = $2300

Retained earnings = $15500

Explanation:

The total current assets can be determined using the current ratio provided for 2021. The current ratio is calculated by dividing the value of total current assets by the value of the total current liabilities.

1.5 = Total current assets / (51000 + 23000 + 1000)

1.5 = Total current assets / 75000

1.5 * 75000 = Total current assets

Total current assets = $112500

Short term investments are a part of the current assets. The value of short term investments is,

112500 = 6200 + 32000 + 72000 + Short term investments

112500 = 110200 + Short term investments

112500 - 110200 = Short term investments

Short term investments = $2300

The basic accounting equation states that the total assets is always equal to the value of total liabilities plus total equity.

Total assets = Total Liabilities + Total Equity

(112500 + 180000) = [(51000 + 23000 + 1000) + 42000] + (160000 + Retained earnings)

292500 = 117000 + 160000 + Retained earnings

Retained earnings = 292500 - 277000

Retained earnings = $15500

6 0

3 years ago

The combination of advertising, personal selling, public relations, and sales promotion activities traditionally used by an orga

Aleonysh [2.5K]

Answer:

promotion mix

Explanation:

Promotion mix -

In the marketing area , it refers to the method for marketing a particular goods and services with promotional variables , is referred to as promotion mix .

It is referred to as the subset of the marketing mix .

It helps to promote the product in the best manner , in order to achieve the best marketing result.

Hence, from the given information of the question,

The correct term is promotion mix .

3 0

3 years ago

Which of the following is an advantage of a sole proprietorship?

FromTheMoon [43]

B. Sole proprietorships are not very highly regulated, so they are easy to get started. Most forms of business are easy to expand if they succeed! Getting financing really depends on how likely the lenders think the business is to succeed, irrespective of format. The owner is directly liable for the debts of a sole proprietorship, but even if you incorporate, the bank is likely to want a personal guarantee of the owner for any debt of a new corporation, so it's pretty much the same deal. Taxes could be higher or lower, depending on how the business does and what other sources of income the proprietor has (like their day job!)

7 0

3 years ago