Please make introduction and background of the study only Case 9. GOOD MUSIC BROADCASTING CORPORATION:Ebb TideEngineer Frederick Panganiban was reading theadvertising sales report handed to him by his assistant.The report contains information consolidated from theten radio stations owned and operated by Good MusicBroadcasting Corporation (GMBC). These stations arelocated in the various parts of the country.GMBC headquarters and sales office are located inMakati. GMBC derives income from advertisements lodgedby companies like San Miguel Corporation, Ayala Life, andothers. The sales office receives the cassette tapes andwritten text containing the advertising messages of theclient companies.The tapes are meant to be played at regular intervalsin all of the ten radio stations operated by GMBC. Thewritten text is an alternate advertising form read by theradio announcers at regular intervals. An advertisingmessage does not exceed one minute. The advertisers arebilled depending on the frequency of exposure of theirmessages.Each station is managed by a station manager whoreports directly to Engineer Panganiban, the general-manager. The stations are allowed to accept local adver-tisements subject to availability of slots after accommo-dating the national advertisers.A certain portion of the advertising income is creditedto the account of the individual stations depending on theassignments sent to them by the GMBC headquarters.The total advertising income of a station consists of thecredited account from the head office plus whatever incomefrom local advertisers is derived.Engineer Panganiban is now reviewing the consoli-dated sales report. He wants some improvement inoperations so that the overall income will increase. Hefeels that the sales report is useful, but he believes someother data may help him make a better decision.Exhibit AGOOD MUSIC BROADCASTING CORPORATIONConsolidated Advertising IncomeFor the Three-Year Period, 1995, 1996 and 1997(P000)Station1. Dagupan2. Santiago3. Cabanatuan4. San Pablo5. Naga6. Dumaguete7. Tacloban8. Cebu9. Davao10. ZamboangaTotal1995P15,45012,33810,4408,98811,04811,54012,49020,46516,37013,466P132,595Advertising Income1996199716,998 P 17.03811,46510,30812,4447,67612,12110,00112.500 12,60622,03024,84817,01718,64412,50611,897P134,758 P134,60214,4866,4938,7889,494

A broadcasting company is a company that manages radio stations and TV stations. They broadcast…

Answered: Please make introduction and background…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Due to uncertainty whether or not a new tax law is applicable to printing companies, ABC Printers submitted a legal query to the BIR on the issue. The BIR issued a ruling that printing companies are not covered by the new law. Relying on this ruling, ABC Printers did not pay the said tax. Subsequently however, the BIR reversed the ruling and issued a new one stating that the tax covers printing companies. Could the BIR assess ABC Printers for back taxes corresponding to the years before the new ruling? a) Yes, because taxation is the rule and exemption is the exception b) Yes, because taxes are the lifeblood of the government c) No, the BIR is not allowed to reverse its ruling d) No, reversal of a ruling shall not be given a retroactive application if it will be prejudicial to the taxpayer.
Subject: MARKETING MANAGEMENT Must we need to regulate comsumption? Explain.
Explain the purpose of developing an OHS policy.
Vulcan Radio Manufacturing Inc. ("Vulcan") is a well-known manufacturer of radio broadcast equipment. Vulcan employs Thor on a full-time basis as an engineering sales representative in Ontario. In addition to working for Vulcan, Thor performs independent professional engineering consulting services for radio broadcasters. Thor's business cards read Thor, Audio Consulting Engineering Services. Thor's independent services include technical analyses of broadcast systems. As part of these services, Thor often makes recommendations for the selection and purchase of broadcast equipment by broadcasters. Sometimes, Thor recommends Vulcan's equipment to clients. Using PEO's Codes of Ethics and Code of Conduct as your guide. What approvals, licences, etc. must Thor obtain in order to be legally allowed to provide such consulting professional engineering services? Assuming that Thor has all the necessary licences, what should Thor tell his regular employer and clients about this work?…
second answer of part b
which is wrong The IPO tax applies only to the initial public offering of a closely held corporation. A sale is not subject to stock transaction tax if the shares were not listed and sold through the Philippine Stock Exchange (PSE). The sale, barter or exchange, including block sale, of listed stocks through the Philippine Stock Exchange (domestic or foreign stocks), other than by dealers in securities, is subject to a tax of 60% of 1% (6/10 of 1%) based on gross selling price. The sale, barter or exchange, including block sale, of listed stocks through the Philippine Stock Exchange (domestic or foreign stocks), other than by dealers in securities, is subject to a tax of 50% of 1% (5/10 of 1%) based on gross selling price.
Alhaji Abubakar is a wealthy customer of your branch who is currently away on a “Hajj Trip” to Saudi Arabia. The branch receives a telephone call from a stranger who says he is Mr. Kwame Bobo, who says that he is a photographer and that Alhaji Abubakar, prior to going abroad, had given him a crossed cheque for GHȼ20,000 in payment for pictures. The cheque has been lost andMr. Bobo asks if your branch will stop payment of the cheque if it is presented. He leaves his telephone number in case of need. The cheque is discovered in the days clearing. It is properly drawn in favor of Mr. Kwame Bobo and is endorsed “Kwame Bobo” on the back. Explain clearly how would you deal with the cheque?
On a beautiful Saturday in October, Francie decides to take the twenty-mile ride from her home in New Jersey into New York City to do some shopping. Francie finds that Brown’s Retail Sales, Inc., has a terrific sale on televisions and decides to surprise her husband with a new high-definition television. She purchases the set from Brown’s on her VISA card for $1,450. When the set is delivered, Francie discovers that it does not work. Brown’s refuses to repair or replace it or to credit Francie’s account. Francie therefore refuses to pay VISA for the television. VISA brings a suit against Francie. Will VISA prevail? Why or why not?
Lowe’s Companies, Inc. is a business supply and home improvement retailer incorporated in Mooresville, North Carolina. If Lowe’s Companies, Inc. opens a store in any state in the United States other than North Carolina, it will be considered which of the following in that state? A. A domestic corporation B. A closed corporation C. An alien corporation D. A foreign corporation
Mr.Mohammed had purchased a mobile phone for 100 riyals from a shop in Nizwa with one year warranty. After one month the mobile screen display is not working he approached the shop. But the shopkeeper denied to replace or repair the phone In this situation which office Mr.Mohammed can approach for lodging a complain? on O a. Consumer protection office O b. Chamber of commerce Oc Capital market authority O d. All the options are correct
GeoTechnical Pty Ltd is a small engineering advisory firm operating out of Sydney, which began operating in January of the current tax year. Sinclair, the director of the firm, has sought your services for the following issues. Sinclair registered the business for GST when the business began operating; however, believes that he should not have because of a rumour he heard regarding the requisite threshold being $150,000. GeoTechnical’s turnover (which are taxable supplies) so far is only $25,000 (excluding GST). The reason he is wanting to be registered is to ensure he can claim the input tax credits from the following outgoings purchased solely for the business (all items supplied to the business are taxable supplies): Furniture amounting to $3,300 (including GST). Computers and printing equipment amounting to $8,800 (including GST). Commercial rent of $22,000 (including GST). Required: Advise Sinclair of the appropriateness of GST registration for his business and the ability to…
and in some instances, located in remote areas. Due to their remote locations and small staffs, some offices do not have a compliance officer, and brokers working in these offices have sometimes had to take on the responsibility of hiring the branch manager. Some brokers work out of their homes and use their own personal e-mail to contact clients. Some branches only keep records in electronic form for six years. Which of the following is not a breach of the Code regarding Eagle Asset Managers? 1. Having the brokers in a remote office hire the branch manager. 2. Keeping records in electronic form for six years. 3. Communicating with clients via personal e-mail. 4. Not having a compliance officer. (Ctrl)

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