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Olegator [25]
2 years ago
6

Proctor and gamble were not an official sponsor of wimbledon. yet in 2009 almost 25,000 cans of their pringles were distributed

to spectators outside the wimbledon all england club. this is an example of?
Business
1 answer:
joja [24]2 years ago
7 0
P&G (Proctor and Gamble)<span> is an American multi-national consumer goods corporation. The strategy to sell their products outside the Wimbledon is example of ambush marketing. In this type of marketing the idea is </span><span>to connect their product with a particular event in the minds of potential customers, without having to be sponsor of the event (to pay sponsorship expenses). </span>
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Jamila has been trying to get investors to fund her new manufacturing business. Considering the current trends in entrepreneursh
hichkok12 [17]

The current trend that Jamila should take advantage of is by choosing to seek capital from (D) venture capitalists.

Venture capitalists are a typically a type of firm that specializes in investing on startup companies and small businesses that they believe would have great long-term growth. Generally, this type of firm not only support the business owner through financing, but also by helping them grow the business through various other types of support.

5 0
2 years ago
Read 2 more answers
Mr. jernigan owns a piece of land on which he grows corn. corn production annually requires ​$2 comma 0002,000 in​ seed, ​$3 com
nika2105 [10]

Answer:

economic costs = $56,000

Explanation:

given data

seeds = $2,000

fertilizer = $3,000

pesticides =  $6,000

earning ​= $45,000

solution

total Accounting cost of Mr. jernigan is

total Accounting cost of Mr. jernigan = $2,000  + $3,000  + $6,000

total Accounting cost of Mr. jernigan = $11,000

and

economic costs = accounting costs + opportunity costs

economic costs = $11,000 + $45,000

economic costs = $56,000

7 0
2 years ago
The Walden Manufacturing Corp. has office support salaries of $4,000, factory supplies of $1,000, indirect labor of $6,000, dire
Sedbober [7]

Answer: <em>Total Period Cost = $20,500</em>

Explanation:

Given :

Salary = $4000

Factory supply = $1000

Indirect labor = $6000

Direct material = $16000

Advertising expense = $2500

Office expense = $14000

Direct labor = $20000

Period costs are the costs incurring that do not tend to be a section of manufacturing process. Therefore, we compute the Period Cost using the following formula:

<em> Period costs = Salary + Advertising expense + Office expense </em>

<em> = $4,000 + $2,500 + $14,000 </em>

<em> = $20,500</em>

7 0
2 years ago
Harrington makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60%
GuDViN [60]

Answer:

Cash Collection is $122,000

Receivable as on August 31, is $97,000

Explanation:

Total budgeted cash collection in the month of August is $122,000 and total receivables as on August 31 is $97,000.

A schedule for the cash collection is made in MS Excel file, which is attached with this answer, please find it.

Download xlsx
5 0
2 years ago
On April 2, Kelvin sold $40,000 of inventory items on credit with the terms 1/10, net 30. Payment on $24,000 sales was received
motikmotik

Answer:

Explanation:

The journal entry is shown below:

1. Accounts receivable A/c Dr $160

        To Sales discounts forfeited $160

(Being sales discount  is recorded)

The computation of the sales discount is shown below:

= (Sales value - payment made) × discount rate

= ($40,000 - $24,000) × 1%

= $160

2. Cash A/c Dr $16,000

       To Accounts receivable A/c $16,000

(Being cash is received)

4 0
2 years ago
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