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2 years ago

3

Local music fans prefer listening to the radio rather than watching TV. If the Cost Per Thousand Reached (CPM) for a particular

station is $15, how much should you spend on advertising with the station if you want to reach 1.5 million people?

1 answer:

posledela2 years ago

4 0

Answer:

B: 22,500

Explanation:

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You are going to deposit $21,000 today. You will earn an annual rate of 4.1 percent for 15 years, and then earn an annual rate o

Dafna11 [192]

Answer:

$71,720.

Explanation:

We can find the answer by finding the future value for the two periods (the 15 years under 4.1% interest rate, and the 18 years under 3.5% interest rate) using the future value of an investment formula:

FV = PV (1 + i)^n

Where:

FV = Future value
PV = Present value
i = interest rate
n = number of compounding periods

Now, for the first period of time, we plug the amounts into the formula:

FV = $21,000 (1 + 0.041)^15

FV = $38,369

Now, we take that result, and apply the same formula:

FV = $38,369 (1 + 0.035)^18

FV = $71,270

So, the total amount you will have in your account after 33 years is $71,720.

3 0

2 years ago

Bill O’Brien would like to take his wife, Mary, on a trip three years from now to Europe to celebrate their 40th anniversary. He

Maurinko [17]

Answer:

10%

Explanation:

Use future value formula

Future Value = Present Value ((1+r)^n)

26,600 = 20,000 ((1+r)^3

26,600/20,000 = (1+r)^3

1.33 = (1+r)^3

1.33^1/3 = 1+r

1.0997 = 1+r

1.0997 - 1 = r

r = 0.997 = 9.97% = 10% (rounded of to the nearest whole percentage)

8 0

2 years ago

Nate Pride spent five years in an accounting educational program and successfully completed a rigorous accounting examination fi

const2013 [10]

Answer:

Chartered Accountant or Certified public accountant.

Explanation:

Chartered accountant is a designation or degree provided to the Accounting professional across the world except in United states, they have another equivalent designation of Certified public accountant. This designation required knowledge on accounting, tax, auditing, etc. They need to qualify in a rigorous accounting examination. As a professional their responsibility is to create financial statement, filling or helping company to file or calculate tax and providing financial advice.

3 0

2 years ago

The total completion time is 25 days. Task A is planned to take seven days. Task B is planned to take five days. Task C is plann

Lapatulllka [165]

Explanation:

The computation of the number of slacks in the project A when it is finished is

= Total completion time -- Task A planned days - Task B planned days - Task C planned days

= 25 days - 9 days - 5 days - 8 days

= 3 days slack

Simply we subtract the total planned days taken by each task from the total completion time on a project so that the number of slacks has come

Therefore, it came positive 3 slacks time

3 0

2 years ago

Vaughn Corporation acquires a coal mine at a cost of $460,000. Intangible development costs total $115,000. After extraction has

Elenna [48]

Answer:

Depletion expense A/c Dr $84,525

To Accumulated depletion A/c

(Being the depletion expense for the first year is recorded)

Explanation:

The journal entry is presented below:

Depletion expense A/c Dr $84,525

To Accumulated depletion A/c

(Being the depletion expense for the first year is recorded)

The computation is shown below

First we have to compute the depletion per ton which is calculated below:

= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)

= ($460,000 + $115,000 + $92,000 - $184,000) ÷ (4,600 tons)

= $105

Now if 805 tons are extracted in first year, so the depletion would be

= 805 tons × $105

= $84,525

8 0

2 years ago