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ivann1987 [24]
2 years ago
15

he financial statements of Seldin, Inc., provide the following information for the current year: Dec.31 Jan.1 Accounts receivabl

e $ 35,000 $ 40,000 Inventory $ 55,000 $ 51,000 Prepaid expenses $ 12,000 $ 14,000 Accounts payable (for merchandise) $ 33,000 $ 32,000 Accrued expenses payable $ 15,000 $ 20,000 Net sales $ 260,000 Cost of goods sold $ 130,000 Operating expenses (including depreciation of $18,000) $ 80,000 Compute the amount of Seldin's cash payments for purchases of merchandise during the current year.
Business
1 answer:
sammy [17]2 years ago
4 0

Answer:

$133,000

Explanation:

Computation to determine the amount of Seldin's cash payments for purchases of merchandise during the current year

First step is to calculate the Purchases during the year

Beginning ($51,000)

Cost of goods sold $130,000

Ending $55,000

Purchases during the year $134,000

Now let calculate the amount of Seldin's cash payments for purchases of merchandise

Beginning payable $32,000

Purchase during the year $134,000

Less Ending payable ($33,000)

Cash payments for purchases of merchandise $133,000

Therefore the amount of Seldin's cash payments for purchases of merchandise during the current year is $133,000

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Answer:

330,000

Explanation:

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Actual sales volume =11,000 units

Sales Revenue as per flexible budget = Actual sales volume × Budgeted selling price per unit

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=330,000

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3 years ago
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3 years ago
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Answer:

There are 3 phases of advertising: Awareness (audience building), Consideration (lead generation and obtaining authority), and Conversion (nurture and sales). Advertising has a history going back millennia. In fact, the origins of advertising go back to ancient times or even earlier, right to the stone age. From rock carvings and papyrus to the radio and T.V. and the latest addition of online advertising, the journey of advertising has been a most metamorphic one.

1. Pre-test and Post Test: Pre-test implies testing advertising message before it is sent to specific media.

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3. Laboratory and Field Test.

4. Experimental and Survey Test.

5. Message and Media Effect Test.

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Copy testing often evaluates ad based on demographics and certain changes in the ad are made with respect to its demographics. Memory tests (recall/recognition), direct response tests, persuasion tests, continuous measurement tests, psychological response tests are some of the quantitative methods of copy testing.

(My Answer^)

Explanation:

(Plato Example Answer) : Advertising evaluation can occur at three different stages: during ad in preparation, after the ad launches in the market, and while the ad campaign is running in the market.

During the first stage before the ad’s launch, marketers use pre-testing methods to evaluate an ad’s effectiveness. They help a company identify and correct flaws in its ad copy through trials or surveys. Randomly selected consumers view the ad. Based on the data gathered from their responses, the company will make changes in the ad copy or select one ad from among different ad alternatives. Various aspects of an ad copy, such as colors, message, language, design, etc., might change or gain further approval based on the results of these tests. Pre-testing methods include consumer jury methods such as an order of merit test or paired comparison test, advertising concept test, direct mail test, and in-home projection test.

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The ad campaign is continuing its market run. During this stage, marketers use concurrent testing methods to evaluate ad effectiveness. If properly implemented, the tests can help the company to adapt an ad campaign to make it more effective. Concurrent testing methods also help advertisers to decide which expenses to curtail. These methods depend on observing consumers’ reactions to the ad and thus determining how consumers perceive the ad. Concurrent testing methods include telephone surveys, interview tests, and passers-by count tests.

If I were an advertiser, I would spend money on pre-testing methods because they would help me to make critical changes in an ad’s content before it goes out in the market. These methods of measuring ad effectiveness are more proactive. For instance, an advertising concept test can help in gathering consumer responses regarding various aspects of an advertisement. I would make sure that the sample selected for these tests is large enough so that it would leave little room for uncertainty regarding the ad’s effectiveness. In addition, I would use more than one method to measure the effectiveness of my ad campaign.

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Answer:

more

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more

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The economy would become more efficient because there would be an increase in the number of people employed as a result of the policy and output would increase.

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Answer:

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