The Chief Marketing Officer of the Kimberly-Clark Company will be using a percentage of sales method to set the advertising budget for the year. Historically, the company uses 7% of sales for promoting their brand of toilet paper each year. Based on market data, the company estimates to achieve $2.8 million dollars in sales this coming year. What will their budget be for promoting the brand?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The Chief Marketing Officer of the Kimberly-Clark Company will be using a percentage of sales method to set the advertising budget for the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
It doesnt matter what your goal is. any idea you may create is achievable. true or false
Answers (1)
Society cannot produce all that it wants what is this called
Answers (1)
Identify the examples of experience check all that apply
Answers (2)
Break-even analysis for a service company Sprint Corporation (S) is one of the largest digital wireless service providers in the United States.
Answers (1)
Which was a common characteristic of factory work?
Answers (1)
New Questions in Business
Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 155,000 shares of stock outstanding.
Answers (1)
Assume that Fey Company reports the following initial balance and subsequent purchase of inventory. Inventory balance at beginning of year 1,200 units @ $60 each $ 72,000 Inventory purchased during the year 1,800 units @ $90 each 162,000 Cost of
Answers (1)
How taxation and legislation impact positively and negatively on a insurance company
Answers (1)
According to computer estimates using a traditional macroeconomic model, the Obama administration found that the multiplier for tax cuts and government expenditures were respectively a ...99 and 1.59. b. 1.59 and. 99 c. 1.3 and 1.7
Answers (1)
Aaron has recently started working at a credit union. Which motive might have prompted Aaron to join the credit union? A. to earn profit B. to sell the organization's stocks in the financial market C.
Answers (1)