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If It Costs $300,000 to Place an Advertisement on a Television

question 161

True/False

If it costs $300,000 to place an advertisement on a television show that has an audience of 15,000,000, then the CPM (cost per thousand) would be $20.00.


Definitions:

Selected Cell

Refers to the currently active or highlighted cell in a spreadsheet program where data can be entered or edited.

Bold Button

A feature in text editing and word processing software that makes selected text thicker and darker to emphasize it.

Accounting

The systematic process of recording, analyzing, and managing financial transactions and information for an entity, supporting decision-making and financial reporting.

Numeric Data

Data that is represented by numbers, often used in calculations, measurements, and statistical analysis.

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