1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ymorist [56]
2 years ago
12

Under Armour used product placements in Any Given Sunday to help promote the brand. This likely involved the company paying cash

to the producers of the film so that they would feature the brand prominently. This type of arrangement is very similar to what your text describes as?
Business
1 answer:
riadik2000 [5.3K]2 years ago
7 0

Answer: sponsorship

Explanation:

Sponsorship simply refers to a situation whereby a company or an organization puts money into a particular event so that the products or brand of the said company can be promoted.

Based on the scenario in the question, this type of arrangement is very similar to what your text describes as sponsorship. Since the company pays for its brand to be displayed, it is sponsorship.

You might be interested in
On January 1, 2016, Phoenix Co. acquired 100 percent of the outstanding voting shares of Sedona Inc. for $784,000 cash. At Janua
stiv31 [10]

Answer:

a) Consolidated net income for Phoenix and Sedona for 2018

Phoenix revenues                      $648,000

-Phoenix expenses                    ($412,000)

Phoenix Net Income                  $236,000

2018 Income from Sedona        <u>$54,075</u>

Consolidated net income for   $290,075

Phoenix and Sedona for 2018  

b) Phoenix’s consolidated retained earnings balance at December 31, 2018

Phoenix’s consolidated retained earnings balance at December 31, 2018  = $347,075.00  (same as Phoenix because of equity method use)  

c) What amount should Phoenix report for Sedona’s customer list?

Consideration transferred at fair value      $784,000

Book value acquired                                   <u>($548,800)</u>

Excess fair over book value                        $235,200

To Equipment                                               <u>$95,000   </u>

To customer list (4 year life)                        <u> $140,200 </u>

Three years since acquisition of customer list = $140,200/4 years = $35,050. Hence, Phoenix report $35,050 as Sedona’s customer list.

4 0
2 years ago
A company manufactures three products, A, B, and C. The following information is available about the products on a per unit basi
borishaifa [10]

Answer:

Hi the demand for each  product for this question is missing, however, i have provided step by step approach to solving the problem below .

Explanation:

First Calculate the contribution per unit of each product

                                                        A                           B                            C

Sales price                                  $65.50                $57.50                  $75.25

Less Total variable cost            ($28.85)              ($26.50)                ($38.95 )

Less Direct material cost            ($11.25)                ($8.90)                 ($22.75)

Contribution                                $25.40                 $22.10                   $13.25

Calculate the contribution per limiting factor of each product and rank the products

<em>contribution per limiting factor = contribution per unit ÷ quantity per limiting factor per unit</em>

                                                        A                           B                            C

Contribution                                $25.40                 $22.10                   $13.25

Quantity of limiting factor             4.65                      6.3                          5.9

Contribution per limiting factor   5.46                      3.51                        2.25

Ranking                                            1                           2                             3

Allocate the limiting factor according to the limiting factor

The company will on produce Product A as this is the most profitable.

Contribution =  $25.40

7 0
2 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
Sidana [21]

Answer: SEE EXPLANATION

A. 198.27 UNITS

B. 99.14 UNITS

C. 30.76 ORDERS

D. 8.12 DAYS

E. $1,784.43

Explanation:

Given the following ;

Annual order = 6,100

Carrying cost = $9 per unit per year

Ordering cost = $29

A) EOQ =sqrt[( 2 × Annual order × (ordering cost ÷ carrying cost)]

EOQ = sqrt[2 ×6100 × (29÷9)]

EOQ = sqrt(12200 × 3.22222222)

EOQ = 198.27 units

B.) AVERAGE INVENTORY :

EOQ ÷ 2

198.27 ÷ 2 = 99.14 UNITS

C.) Optimal number of orders per year:

Demand / order per year

6,100 ÷ 198.27 = 30.76 orders

D.) Optimal number of days between two orders:

Number of working days ÷ optimal number of orders

250 ÷ 30.76 = 8.12 days.

E.) Annual cost of ordering and holding inventory:

$198.27 × $9 = $1,784.43

8 0
2 years ago
Some investment projects require that a company increase its working capital. Under the net present value method, the investment
Fofino [41]

Answer:

C) both an initial cash outflow and a future cash inflow.

Explanation:

Net present value method: The initial investment is subtracted from the discounted cash inflows of present value in this approach. If the sum is positive than the project, otherwise it is not beneficial to the company.

In mathematically,

Net present value = Present value of all annual cash inflows after the discount factor is applied - initial investment

The change in working capital impact the initial cash outflows and future cash inflows i.e net present value

7 0
2 years ago
Henry operates an outlet of Moonlight Café, a world renowned fast-food restaurant, in his locality. He started the restaurant af
Lady bird [3.3K]

Answer:

Franchise.

Explanation:

A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name.

5 0
2 years ago
Other questions:
  • I tend to be skeptical in dealing with others at work
    9·1 answer
  • Cost of Goods Sold account is debited and Finished Goods Inventory is credited for A) purchase of goods on account. B) the sale
    11·1 answer
  • The goal of the army family team building program is to assist family members of soldiers by
    6·1 answer
  • Younjin is a purchasing agent for Acme Enterprises. One of the products she is responsible for is the copier paper for the compa
    14·1 answer
  • The four components of gdp are consumer spending, business investment, government spending, and
    11·1 answer
  • Middleton Corporation uses the normal costing system to determine the amount of overhead to be applied to production. The predet
    9·1 answer
  • The total payroll of Concord Company for the month of October, 2017 was $1020000, of which $185000 represented amounts paid in e
    7·1 answer
  • The U.S. government pays for _____ that producers would most likely not provide in the marketplace, such as building roads.
    13·2 answers
  • Use the following scenario for the question below. A group of 100 people seeks out an insurance company to underwrite health ins
    6·1 answer
  • In most companies, portfolio management is typically done at the sbu or ___________ level of the firm.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!