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2 years ago

What is Advertising , according to the American Marketing Association

1 answer:

5 0

American Marketing Association recognizes the term advertising as – any paid form of non- personal presentation and promotion of ideas, goods and services by an identified sponsor. ... Advertising is a non-personal form of communication because it uses mass media forms.

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What regulation was established in 1972 to ensure that businesses take responsibility for the products they produce?

Iteru [2.4K]

The Consumer Product Safety Commission was established to protect consumers from poor manufacturing and to make sure that products met quality and safety standards.

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3 years ago

Major Co. reported 2016 income of $303,000 from continuing operations before income taxes and a before-tax loss on discontinued

Mama L [17]

Answer: $109,080; $145,920

Explanation:

Based on the information that have been provided in the question, the following can be gotten:

The amount for income tax expenses will be:

= 36% of $303,000

= 36/100 × $303,000

= 0.36 × $303,000

= $109,080

The net income will be:

Reported income = $303,000

Less income tax = $109,080

Less loss on discounted operation = $48,000

Net income = $145,920

Loss on discounted operation:

= $75,000 × (1 - 36%)

= $75,000 × (1 - 0.36)

= $75,000 × 0.64

= $48,000

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3 years ago

you make a clay pot for $10 and sell it to a customer for $40. what is your economic surplus associated with the transaction?

Bess [88]

The transaction's surplus in terms of the economy $30

<h3>Which principle states that the next-best choice you must forego in order to have something is its true cost?</h3>

The idea of opportunity cost, which states that the opportunity lost as a result of a decision, determines the true cost of an economic decision, is closely tied to the principle of substitution.

<h3>What is a sunk cost, give an example, and explain why it doesn't matter when deciding what to do in the future?</h3>

Sunk costs are viewed as bygone in economic decision-making and are not taken into account when determining whether to continue an investment project. Spending $5 million to establish a plant that is expected to cost $10 million is an example of a sunk cost.

To Know more about sunk cost

brainly.com/question/20438089

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1 year ago

Millburn Corporation has acquired a property that included both land and a building for $ 510 comma 000. The corporation hired a

Sav [38]

Answer:

cost of land record = $206550

Explanation:

given data

market value of the land = $320000

market value of the building = $470000

acquired both land and building = $510000

to find out

amount should the corporation record the cost of land

solution

first we find market value to total assets that is

market value to total assets = market value of the land + market value of the building ......................1

put here value

market value to total assets = $320000 + $470000

market value to total assets = $790000

and

share of land in the total market that is

share of land in the total market = $\frac{market\ value\ of \ land}{total\ assets \ value}$ .......................2

put here value

share of land in the total market = $\frac{320000}{790000}$

share of land in the total market = 40.50 %

and

cost of land record = share of land in the total market × acquired both land and building .......................3

put here value

cost of land record = $510000 × 40.50%

cost of land record = $206550

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3 years ago

When using annual worth to evaluate the attractiveness of a single alternative, what value is the calculated AW compared to in d

kompoz [17]

The answer is C. 0.0

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2 years ago

What is Advertising , according to the American Marketing Association​

What is Advertising , according to the American Marketing Association