<span>This statement is true because earned media involves the promotion of a product or service organically by its users, without requiring paid advertising or a formal process of pitching the product; however, many gray areas exist if kk kids store asked Jane to share her experience on Facebook in exchange for a discount.</span>
Answer: Option A. ANOVA: Single factor
ANOVA or Analysis of Variance is a statistical technique that is used to determine if the difference between the means of three or more independent groups of data are statistically significant.
ANOVA was developed in order to cater to the necessity of having a statistical technique to compare the difference between the means of three or more groups of data.
In this question the Dean wants to test the null hypothesis that the mean GPA is the same for Marketing, Management, Accounting and Finance majors. Since he needs to compare four independent groups of data, single factor ANOVA is the most appropriate Excel tool.
Answer:
Producer price index
Explanation:
Producer price index is used as an economic indicators which indicates the fluctuations in the price level in an economy. It is the leading indicator for the consumer price index.
Producer price index refers to the price index which measures the change in the average price received by the producers for their output over a specified period of time.
The producer price index doesn't takes into account the effect of indirect taxes but wholesale price index takes the effect of indirect taxes.
It is calculated as follows:
PPI = (Current prices received by sellers ÷ Base year prices) × 100
Answer:
$11880
Explanation:
Given that:
In a local Honda Dealership;
Last year, your dealership earned a record profits of $1.5 million
according to the local Chamber of Commerce, your earnings were 10 percent less than either of your competitors.
The Price Elasticity of demand E = - 4.5
Marginal cost of a midsized automobile = $11,000
Let assume that In your market, you compete against two other dealers
From The above given data , the objective is to determine the What price should you charge for a midsized automobile if you expect to maintain your record sales.
So; in order to achieve that ; we consider the scenario of an Oligopoly market by using the markup formula for homogeneous product Cournot Oligopoly which can be represented as:
P = 1.08 × 11000
P = $11880
Hence. the price you should charge for a midsized automobile if you expect to maintain your record sales is $11880
Answer:
November 1
Explanation:
As per generally accepted accounting principles (GAAP), when the goods or services are delivered the revenue should be recorded and the transaction done in all respects.
The principle of revenue recognition occurs when the revenue is realized or earned, whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here means that the consumer receives the product but the payment is made later.
Therefore, the revenue should be recorded on November 1
