Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 29, 2024

If the revenue attributable to a ski shop's radio ad is $ 3 0 , 0 0 0 , the cost to develop and play

If the revenue attributable to a ski shop's radio ad is $

30, 000,

the cost to develop and play the ad is $

8, 000,

and the contribution margin typically averages

70 %,

what is the ROMI?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tourism Supply Chain Management

Authors: Haiyan Song

1st Edition

0415581567, 9780415581561

More Books

Students also viewed these General Management questions

Question

★★★★★

For the following activities and their associated resources, identify the following: (1) A cost driver, (2) Flexible resources, and (3) Committed resources. Also, label each resource as one of the...

Answered: 1 week ago

Question

★★★★★

Use the information in Table 13.11 to answer the following questions. (a) Estimate ????(????1), ????(????2), ????(????3), ????(????4), and ????(????5). (b) Plot the estimated survival function. (c)...

Answered: 1 week ago

Question

★★★★★

=+ d. Advances in computer technology make production more effi cient.

Answered: 1 week ago

Question

★★★★★

Anderson Company has the following departmental manufacturing structure for one of its products: After some study, the production manager of Anderson recommended the following revised cellular...

Answered: 1 week ago

Question

★★★★★

If the revenue attributable to a ski shop's radio ad is $ 3 0 , 0 0 0 , the cost to develop and play the ad is $ 8 , 0 0 0 , and the contribution margin typically averages 7 0 % , what is the ROMI?

Answered: 1 week ago

Question

★★★★★

Investors or advisors focus on customer needs to identify the best investment options while considering opportunity costs and market uncertainties. Investors often react in an irrational manner and...

Answered: 1 week ago

Question

★★★★★

Scenario #1 A manufacturer advertises that its hand sanitizer kills the "Covid-19 virus on contact." The manufacturer has tested its hand sanitizer for effectiveness against other viruses, but not...

Answered: 1 week ago

Question

★★★★★

The Dallas Morning News reported the findings of a study by the Department of Transportation that examined the effect on average airfares when new, low priced carriers, such as Southwest Airlines or...

Answered: 1 week ago

Question

★★★★★

Alison, Blanca, Jaime, and Cuong are still relatively new employees at Deloitte. At least once a week, they use their workstation computers to watch videos of lectures or how-to guides, play games...

Answered: 1 week ago

Question

★★★★★

1/ The cost of housing is based on supply and demand. Group of answer choices True False Source: https://www.youtube.com/watch?v=R0h8kfA4i_A 2/ According to the video, in New York City,...

Answered: 1 week ago

Question

★★★★★

Trevor has owned a large block of land for 3 years and has just decided to subdivide this large block into three allotments and build a home unit on each subdivided allotment using a builder for...

Answered: 1 week ago

Question

★★★★★

95 percent of our customers are men.

Answered: 1 week ago

Question

★★★★★

The market for this product is nearly six million people in our region alone.

Answered: 1 week ago

Question

★★★★★

More than 1/2 the U.S. population is female.

Answered: 1 week ago

Previous Question Next Question