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Ierofanga [76]
2 years ago
6

When customers have their groceries scanned at the supermarket checkout counter, data regarding product sales and coupon redempt

ions are collected and processed by tracking services such as IRI's InfoScan. Consumer product firms such as Procter & Gamble use data collected by IRI to allocate scarce marketing resources. For P&G, such data should be considered
Business
2 answers:
olya-2409 [2.1K]2 years ago
8 0

Answer:

The options

A. coupon redemptions

B. product bar codes

C. product sales

D. free sample redemptions

E.household demographics

Explanation:

Household demography as to do with the study of households. A household mainly entails certain amount of persons who live in a housing unit or segment of a housing.

For consumer product firms like in our case study, the Procter and Gamble, they can gather sales data (it's important) from different channels to aid effective distribution of limited marketing resources.

They could also employ tracking services as in IRI's InfoScan to gather product sales and coupon/free sample redemptions which went through scanning at the retailer checkout counters.

These racking services are not permitted to gather personal or household demographic data.

Masja [62]2 years ago
3 0

COMPLETE QUESTION:

When customers have their groceries scanned at the supermarket checkout counter, data regarding product sales and coupon redemptions are collected and processed by tracking services such as IRI's InfoScan. Consumer product firms such as Procter & Gamble use data collected by IRI to allocate scarce marketing resources. Which of the following data are NOT collected at retail checkout counters?

Answer: household demographics

Explanation:

Consumer product firms such as Procter & Gamble that uses data collected by IRI to allocate scarce marketing resources don't collect consumer's data that includes household demographs because in allocating scarce marketing resources household demographs are not important data.

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For $20 million, Ross Adams Mining acquired a tract of land containing a large deposit of anthracite coal. Ross Adams believes t
ziro4ka [17]

Answer:

$6.25 per ton of coal

Explanation:

the depletion base = purchase cost + restoration costs

  • purchase cost = $20 million
  • restoration costs = $6 million

depletion base = $26,000,000

depletion rate per ton of coal = (depletion base - salvage value) / estimated reserves = ($26,000,000 - $1,000,000) / 4,000,000 = $6.25 per ton of coal

The depletion rate follows the same concepts as depreciation of fixed assets, but instead of using a fixed asset, you are extracting materials and decreasing the value of the deposits.

8 0
2 years ago
Machinery purchased for $66,000 by Metlock Co. in 2016 was originally estimated to have a life of 8 years with a salvage value o
7nadin3 [17]

Answer:

Debit : Depreciation Expense   $4,510

Credit : Accumulated Depreciation $4,510

Explanation:

Straight line method charges a fixed amount of depreciation for the period the asset is used in the business.

<em>Depreciation expense = (Cost - Residual Value) ÷ Estimated Useful life</em>

therefore

Annual Depreciation Expense = ($66,000 -  $4,400) ÷ 8

                                                  = $7,700

2016

Annual Depreciation Expense = $7,700

2017

Annual Depreciation Expense = $7,700

2018

Annual Depreciation Expense = $7,700

2019

Annual Depreciation Expense = $7,700

2020

Annual Depreciation Expense = $7,700

2021

Beginning Accumulated depreciation Balance = $38,500

<u>Calculate New Depreciable amount</u>

Depreciable amount = Cost - Accumulated depreciation - New Salvage Value

                                   = $66,000 - $38,500 - $4,950

                                   = $22,550

<u>Calculate New Useful Life</u>

5 years have already expired so the remainder out of the new 10 years is 5 years

<u>Calculate New Depreciation Expense</u>

Depreciation Expense = $22,550 ÷ 5 = $4,510

6 0
2 years ago
Analyzing and Computing Accrued Warranty Liability and Expense Canton Company sells a motor that carries a 60-day unconditional
White raven [17]

Answer:

a. Warranty expense $480,000

b.  Warrant liability $96,000

Explanation:

Solution-a

Warranty expense = 3%*100,000*$160

Warranty expense = $480,000

Solution-b

Warranty liability = $480,000 -($160*2,400)

Warranty liability = $96,000

8 0
2 years ago
During winter, red foxes hunt small rodents by jumping into thick snow cover. researchers report that a hunting trip lasts on av
Hatshy [7]

In this report, there are three variables being mentioned. These are:

1st variable = 19 minutes

2nd variable = 7 jumps

3rd variable = 79%

 

In this problem, I believe what we are asked to do is to identify the type of variable the 2nd variable is. We are given that the 2nd variable is “7 jumps”.  This means that the 2nd variable is quantitative because it refers to or relating to a measurement of something rather than the quality. We also know that jumps can only take whole numbers, not decimal. Therefore it is also discrete. Hence, the 2nd variable is:

quantitative and discrete

6 0
2 years ago
A social sciences researcher wants to know about the amount of money that couples without children spend on leisure travel. Her
Anit [1.1K]

Answer:

$18.74

Explanation:

the margin of error for a 95% confidence level = Z x (σ / √n)

  • Z for a 95% confidence level = 1.96
  • standard deviation (σ) = $160
  • sample size (n) = 280

the margin of error for a 95% confidence level = 1.96 x ($160 / √280) = 1.96 x ($160 / 16.733) = 1.96 x $9.56 = $18.74

8 0
2 years ago
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