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maksim [4K]
2 years ago
10

Tamekia reports that the market leader in the TZX mitt category has 60 percent of all sales in the market and spends $240,000 a

year, or 60 percent of all advertising expenditures, to support the brand. Under the share of market/share of voice system, Great Catch should be prepared to spend at least ________ if it hopes to achieve a market share of 30 percent.
Business
1 answer:
Zina [86]2 years ago
7 0

Answer: $120000

Explanation:

Share of voice refers to the measure of the exposure that a particular business gets when it's being compared to other competitors. The share of market is the percentage of a market that a company earns.

From the information given, since 60% of the market sales equate to $240000 spent a year, then in order to achieve a market share of 30%, ½ of $240000 will be spent which is $120000. Therefore, Great Catch should be prepared to spend at least $120000 if it hopes to achieve a market share of 30 percent.

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Finley Corporation had income from continuing operations of $10,600,000 in 2014. During 2014, it disposed of its restaurant divi
gulaghasi [49]

Answer:

The answer is "$1.01"

Explanation:

Revenue from operations $10,600,000

Operations discontinued

Loss of discontinued operation

Division of restaurant (net of tax)

$315,000

Loss of diner disposal

division (net of tax)

189,000

504,000

$10,096,000 in net income

Start sharing income

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3 0
2 years ago
Depending on the number of customer footfalls in each section, Glenn, the floor manager of an apparel store, shuffles the number
Doss [256]

Answer:

<em>The resource allocator role</em>

Explanation:

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Knowledge of the resource allocator and other management positions makes it possible for both new,  trained and experienced supervisors to understand the work of a manager.

3 0
3 years ago
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If Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO

A range of investments owned by an individual is termed a portfolio.

For instance, when an individual owns different stocks, bonds, and businesses in diverse companies, such an individual is known to have a portfolio.

Portfolios are important for long-term financial goals even though the returns on such portfolios are not immediate.

According to the question, if Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO

Learn more here: brainly.com/question/24598517

7 0
2 years ago
Ranger Glass Company manufactures glass for French doors. At the start of May, 2,000 units were in-process. During May, 11,000 u
GuDViN [60]

Answer:

$16.20

Explanation:

Calculation for How much is the cost per equivalent unit for direct materials

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Cost per equivalent unit for direct materials=$222,000/13,700

Cost per equivalent unit for direct materials=$16.20

Therefore the the cost per equivalent unit for direct materials will be $16.20

7 0
2 years ago
When a company is using double-entry accounting, what elements of a given ledger must be equal?
VLD [36.1K]
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