Is the amount of money you need to deposit now to attain a desired amount of money in the future.

While most students find marketing an interesting and meaningful subject, one drawback of majoring in marketing is that it prepa

Mandarinka [93]

As a marketing student, I can deny that there is a narrow range of career options given the fact that marketing consists of digital marketing, traditional marketing, and most importantly, sales. Sales is literally in EVERYTHING, regardless of whether or not you're actually selling something. In Daniel H. Pink's book, "To Sell is Human," he outlines that even nurses, doctors, and teachers utilize non-sales selling techniques to convince patients and students to deem the information they are telling them as important. Additionally, you must consider the fact that you have to market yourself to even get a job. You need to understand what makes X, Y, and Z appealing. Marketing is extremely meaningful in everyone's lives.

4 0

3 years ago

Sheridan Company had the following transactions during the quarter end:

White raven [17]

Answer:

Payment of insurance premium include in last quarter = $204,000

Explanation:

Given:

Insurance premium during the year = $816,000

Number of quarter in the year = 4

Computation of payment include in last quarter:

Payment of insurance premium include in last quarter = Insurance premium during the year / Number of quarter in the year

Payment of insurance premium include in last quarter = $816,000 / 4

Payment of insurance premium include in last quarter = $204,000

8 0

3 years ago

The following is the ending balances of accounts at December 31, 2018 for the Weismuller Publishing Company.

Crazy boy [7]

Answer:

Weismuller Publishing Company

A Classified Balance Sheet at December 31, 2018

Assets:

Current Assets:

Cash $77,000

Accounts Receivable 172,000

less allowance 22,000 150,000

Investments 152,000

Inventories 291,000

Prepaid Expenses 94,000 $764,000

Long-term Assets:

Prepaid Expenses 66,000

Machinery & Equipment 332,000

less Accumulated Depr. 116,000 216,000 $282,000

Total Assets $1,046,000

Current Liabilities:

Accounts payable $66,000

Interest payable 26,000

Deferred revenue 86,000

Taxes payable 36,000

Notes payable:

Six months 46,000

One year 26,000 72,000 $286,000

Long-term Liabilities:

Notes payable:

Two or more years 52,000

Six years 106,000 $158,000

Total Liabilities $444,000

Equity:

Authorized Common Stock, 700,000 shares

Issued Common Stock $406,000

Retained Earnings 196,000 $602,000

Total Liabilities + Equity $1,046,000

Explanation:

a) Prepaid Expenses are classified as follows:

Current Assets: $160,000 - $66,000 = $94,000

Long-Term Assets = $66,000 ($132,000/2)

Since a year's lease is due in the next year.

b) Investments are classified as current because they include treasury bills maturing on January 30, 2019, and marketable securities saleable next year.

c) Deferred Revenue is a current liability.

d) The classifications of notes payable are indicated in the balance sheet.

8 0

3 years ago

One objective of trade-oriented promotions is to encourage retailers to display and promote an established brand.

marusya05 [52]

False because the objective of Trade Promotions can offer several benefits to businesses. Moreover, companies use Trade Promotions to improve distribution of their product at retailers and strengthen relationships with retailers. Most importantly trade Promotions can be advantage to introduce new product dispatch into retail stores

8 0

3 years ago

Allison's Auto Art is a company that applios pinstripes to vehicles. Allison's cost for a basic 1 -color pinstriping job is $35,

valkas [14]

Answer:

C. yes, she still makes a profit by selling the 3-color application.

Explanation:

As for the information provided,

Cost for 1 color pin striping job = $35

Cost for three color pin striping job accordingly = $35 $\times$ 3 = $105

Price charged for pin striping is as follows:

For 1 color = $95

For 3 colors = $175

Even on 3 color striping there is a profit of $70, thus, it should be sold.

As there is no loss, although the profit margin is decreased as a percentage of cost when compare to margin on 1 color pin striping.

Thus, correct option is Statement C.

3 0

3 years ago