All of the following except

As a marketing manager for Kitch-It-Tools, Jim is frustrated with the way his organization markets their kitchen utensils. Curre

Rashid [163]

Answer:

C. Mass Marketing

Explanation:Mass Marketing is a type of marketing where the target is to get the connect with a large number of customers or consumers as possible. Mass Marketing is done through mass media and other marketing channels to ensure that the greatest number of persons are reached to guarantee that the company sale a larger Volume of products or services, this type of marketing has been adopted by many multinational companies.

6 0

2 years ago

Elm City issued a purchase order for supplies with an estimated cost of $5,000. When the supplies were received, the accompanyin

-Dominant- [34]

Answer:

$5000

Explanation:

Since Elm City issued a purchase order for supplies with an estimated cost of $5,000, although when the supplies were received, the accompanying invoice indicated an actual price of $4,950, the amount that Elm should credit to encumbrances outstanding in its general fund after the supplies and invoice were received; is $5000

Notice that encumbrances are set aside funds for a purpose, therefore upon ordering, encumbrances balance would increase, and Elm would have passed the following entry

Dr. Encumbrances...$5000

Cr. Fund Balance.....................$5000

Therefore even if the supply came with a shortfall in amount, in order for Elm City to show that the purpose for making that encumbrance has been met, it has to be liquidated by crediting the Encumbrance account by the full amount of $5000

8 0

2 years ago

Read 2 more answers

A corporation had the following assets and liabilities at the beginning and end of this year. Assets Liabilities Beginning of th

xenn [34]

Answer:

Hence, the net income earned or net loss incurred by the business during the year $102,340.

Explanation:

3 0

2 years ago

The adult population of Foxcastle is 100,000 people. Of these 100,000 people, 20,000 are not in the labor force. Of the remainin

valina [46]

Answer:

16,000

Explanation:

A marginally attached worker is a jobless individual who is not included in the labor force. They are excluded in the labor force because they have not searched for employment in the last four weeks. Marginally attached workers will comprise of discouraged job seekers willing to take up a job if offered one. A marginally attached worker has have searched for work in the past 12 months.

For Foxcatle, the marginally attached will be the discouraged workers. They are not in the labor force; hence they are not considered as employed or unemployed.

8 0

2 years ago

Calculate the monthly payment for a 5-year car loan of $23,570 at 10. 43% interest, compounded monthly. A. $247. 44 b. $337. 56

Phoenix [80]

The monthly payment for this car loan is equal to: D. $505. 79.

<u>Given the following data:</u>

Time = 5 years

Principal = $23,570

Interest rate = 10.43%

To calculate the monthly payment for this car loan:

Mathematically, the monthly payment on a loan is given by this formula:

$M = \frac{P(\frac{r}{12})(1 \;+\; \frac{r}{12})^{12t}}{(1 \;+ \; \frac{r}{12})^{12t} -1}$

<u>Where:</u>

P is the principal or amount borrowed.

r is the interest rate.

M is the monthly payment.

t is the number of years.

Substituting the given parameters into the formula, we have;

$M = \frac{23570(\frac{0.1043}{12})(1 \;+\; \frac{0.1043}{12})^{12 \times 5}}{(1 \;+\; \frac{0.1043}{12})^{12 \times 5}\; -\;1}\\\\M = \frac{23570(0.008692)(1 \;+\; 0.008692)^{60}}{(1 \;+\; 0.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.008692)^{60}}{(1.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.6808)}{1.6808\; -\;1}\\\\M = \frac{344.34}{0.6808}$

Monthly payment, M = $505.79

4 0

1 year ago