Selective-demand advertising aimed at persuading consumers to make purchases within a short time is called ____ advertising.
A. reminder
B. primary-demand
C. immediate-response
D. comparative
E. cooperative
Answer: C
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Fiona’s college is sponsoring an exchange program through which groups from various organizations meet together to exchange ideas about incorporating art in research data collection. Explain how anxiety/uncertainty management (AUM) might be applied to this scenario.
What will be an ideal response?
Warrior Dash Express Inc owns a moving van that originally cost $500,000 and currently has $450,000 of accumulated depreciation. The fair value of the moving van is $120,000 . Warrior Dash Express Inc exchanges the van plus $480,000 in cash for a new moving van costing $600,000 . The entry to record the transaction is as follows:
a. Equipment (new van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Accumulated Depreciation (old van) . . . . . . . . . .. . . . . . . . . .450,000 Equipment (old van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 480,000 Gain on Trade-in of Old Van . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 b. Equipment (new van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Accumulated Depreciation (old van) . . . . . . . . . .. . . . . . . . . .450,000 Equipment (old van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 570,000 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 480,000 c. Equipment (new van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Accumulated Depreciation (old van) . . . . . . . . . .. . . . . . . . . .380,000 Equipment (old van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 480,000 d. Equipment (old van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 480,000 Gain on Trade-in of Old Van . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 Equipment (new van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Accumulated Depreciation (old van) . . . . . . . . . . . . . . . . . . . . . . . . . 450,000 e. Equipment (old van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 570,000 Cash . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 480,000 Equipment (new van) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Accumulated Depreciation (old van) . . . . . . . . . .. . . . . . . . . . . . . . . . 450,000
What is a legal agreement to buy or sell a specific asset, usually a commodity, for a specific price at a point in time?
A) Options B) ETFs C) Bonds D) Futures E) Stocks
Ramson Corporation is considering purchasing a machine that would cost $756,000 and have a useful life of 8 years. The machine would reduce cash operating costs by $132,632 per year. The machine would have a salvage value of $151,200 at the end of the project. (Ignore income taxes.)Required:a. Compute the payback period for the machine.b. Compute the simple rate of return for the machine.
What will be an ideal response?