Audi bought billboard advertising at the Jays' games for $80,000. It is estimated that they sold...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Audi bought billboard advertising at the Jays' games for $80,000. It is estimated that they sold an additional 50 cars during the campaign and they make $2000 on each car. What is the ROMI for the billboard advertising? Audi bought billboard advertising at the Jays' games for $80,000. It is estimated that they sold an additional 50 cars during the campaign and they make $2000 on each car. What is the ROMI for the billboard advertising?
Expert Answer:
Answer rating: 100% (QA)
Marketing investment 80000 Additional cars sold 50 cars Contribution margin per c... View the full answer
Related Book For
Statistics for Business and Economics
ISBN: 978-0132930192
8th edition
Authors: Paul Newbold, William Carlson, Betty Thorne
Posted Date:
Students also viewed these accounting questions
-
It is estimated that next year hourly wage rates will increase by 7 percent and productivity will increase by 5 percent. What would you expect to happen to unit labor cost? Discuss how this unit...
-
It is estimated that in 2030, there will be a total of 4.072 million knee replacement and hip replacement surgeries, with knee replacements outnumbering hip replacements by 2.928 million (Source:...
-
It is estimated that over 90,000 students will apply to the top 30 M.B.A. programs in the United States this year. a. Using the concept of net present value and opportunity cost, explain when it is...
-
Write a nonrecursive function that takes the first Node in a linked list as an argument and reverses the list, returning the first Node in the result.
-
You have observed that a very smart and successful investor has bought a call and a put on the S&P/TSX Index. The options have the same strike prices and expire on the same day. What does the smart...
-
Future values for various compounding frequencies Delia Martin has $10,000 that she can deposit in any of three savings accounts for a 3-year period. Bank A compounds interest on an annual basis,...
-
The velocity potential for a spiral vortex flow is given by \(\phi=\) \((\Gamma / 2 \pi) \theta-(m / 2 \pi) \ln r\), where \(\Gamma\) and \(m\) are constants. Show that the angle, \(\alpha\), between...
-
The Giles Agency offers a 12% trade discount when providing advertising services of $1,000 or more to its customers. Audreys Antiques decides to purchase advertising services of $3,500 (not including...
-
The head ( pen stock ) is 3 0 meters in Run - of - River Hydro Power Plant as shown in Figure 1 . The typical flow rate of water in the turbine is 2 0 m 3 / s . Express what would be happened in...
-
The trial balance of Pacilio Security Services Inc. as of January 1, 2015, had the following normal balances: Cash ...................$62,860 Accounts receivable ............. 20,500 Supplies...
-
An amphipathic molecules are those have a Choose the option a. hydrophilic chains and ionic and polar ends b. hydrophilic chains and ionic or polar ends c. hydrophobic chains and ionic or polar ends...
-
How is an acid different from a base?
-
Equipment for manufacturing vegetable oil products is purchased from Alfa. Items such as oil expellers, filter presses, and a steam generator are purchased for $1.2 million. These devices are...
-
A material that tends to lose electrons is put into contact with a material that tends to gain electrons. Why wont electrons flow continuously between these two materials?
-
What is your opinion on giving up your right to sue before you actually have it? Until you have sustained injury or received a wrongdoing, your right to call "foul" is not yet present; as such, do...
-
Lee Oldsmobile sells Rolls-Royce automobiles. Mrs. Kaiden sent Lee a \($25,000\) deposit on a used Rolls-Royce with a purchase price of \($155,500.\) Although Lee informed Mrs. Kaiden that the car...
-
Question 3 Compute the income liability for the following chargeable income: a) RM2,451.99 b) RM25,555.55 c) RM88,888.88 d) RM234,779.20 e) RM333,333.33
-
Which task is performed by a book-keeper? A. Analysing the trading results B. Entering transactions in the ledger C. Preparing year-end financial statements D. Providing information for...
-
The following model was fitted to data on 50 states: where y` = annual salary of the attorney general of the state x1 = average annual salary of lawyers, in thousands of dollars x2 = number of bills...
-
Refer to the chapter appendix in order to derive the mean of the sampling distribution of the sample variances for a sample of n observations from a population of N members when the population...
-
An aircraft company wanted to predict the number of worker-hours necessary to finish the design of a new plane. Relevant explanatory variables were thought to be the planes top speed, its weight, and...
-
If a pattern is used to model an overly broad portion of a system, the generality of resulting pattern is sacrificed. Explain with the help of an example.
-
Explain why a pattern representing rental system will not be complete and accurate.
-
What are the key characteristics of a model that makes it easily testable?
Study smarter with the SolutionInn App