It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.
<h3>What is the purpose of
sponsorships in a firm?</h3>
sponsorships is essential for the firm because it will help them to be able to sponsor their advertisement of their brand so as to bring more profit.
In this case, It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.
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The correct answer to this open question is the following,
The dimensions of Iqra University’s culture are the following.
Iqra University is a private university in Pakistan, and one of the most prominent colleges in the Pakistan education system.
The most important dimension of its culture is to provide high-quality education to its students. This university tries to match the graduates with the always-changing market necessities in Pakistan.
Another important aspect is that school teachers instill critical thinking abilities in each of their students because as part of its culture, they want to help students think wisely in a complicated world in order to choose the best decision and action.
One key aspect of its culture is ethics. The University put emphasis on moral values as a way to make good decisions, not only in business but in life.
Answer:
absorption income higher by $60000
Explanation:
given data
inventory on hand = 2,000 units
Variable costs = $100 per unit
fixed manufacturing costs = $30 per unit
to find out
higher net income of what amount
solution
we know that Absorption cost and variable cost are different in their treatment of the fixed manufacturing costing
so we use of absorption cost that carry over in fix cost into ending inventory is here
absorption cost that carry over = fixed manufacturing costs × inventory on hand
absorption cost that carry over = $30 × 2000
absorption cost that carry over = $60000
so that here this amount is use for variable costing and absorption income higher by $60000
Answer:
14.7%
Explanation:
The computation of the return on investment is shown below:
As we know that
Return on Investment = Net Income ÷Average total assets × 100
where,
Net Income = Sales - Cost of goods sold - Operating expense
= $4,525,000 - $2,550,000 - $1,372,000
= $603,000
And, the Average total assets = $4,100,000
So,
Return on Investment is
= $603,000 ÷ $4,100,000 × 100
= 14.7%
Answer:
$170
Explanation:
Marginal cost is defined as the cost of adding an additional cost of a product or service.
Total cost is the sum total of the cost of all the product and/or service.
Cost of producing 4 units = $150
Cost of producing the 5th unit = $20
The cost of producing one unit = $150/4
= $37.5
Total cost of producing 5 units =
Cost of producing 4 units + cost of the 5th unit
= $150 + $20
= $170
Cost of producing the 5 units = $170
