A. Asset
Explanation:
-asset is a useful or valuable thing
Answer:
Niche competitive advantage
Explanation:
A niche competitive advantage is gained when a business targets a small segment of the market and effectively serves them.
Forming a niche market leads to less competition as the business is specialised in this field, there is clear focus as a small targeted customer base is to be satisfied, and results in specialised skills or market expertise.
Yuengling only sold in a ten-state area on the Eastern Seaboard for over 170 years, giving them a niche competitive advantage.
Answer:
Sunk costs have been or will be paid regardless of the decision whether or not to proceed with the project.
Explanation:
Sunk cost is a cost which has actually been incurred before and in no manner can be revoked or the cost cannot be recovered in any manner, whether to invest in a project or to stop a project, this cost will not affect the decision, as nothing can be done.
But this cost has actually been incurred.
Here in the statement it is provided that the cost <u><em>will be paid </em></u> which is not true, therefore the above statement is false, in this context.
Final Answer
Sunk costs have been or will be paid regardless of the decision whether or not to proceed with the project.
Answer:
kendall company retained earning = $20100.
Retained earning (end) = $600.
Explanation:
Kendall company
Retained earning after post closing= retained earning before closing + Net income - Less dividend.
- Net income= Revenues - operating expense=22700-15100= $ 7600.
-Retained earning after post closing = 17100+7600-4600= $20100.
Packard company
year 1
1. Dr Cash 1450
Cr common stock 1450
2.Dr Cash 920
Loan payable 920.
3. Dr Unearned revenue 1100
Cr Revenue earned 1100.
4. Dr Expense 350
Cr Cash 350
5. Dr Dividend payable 150
Cr Cash 150.
As we know that:
Retained earning(end) = retained earning (open)+net income - dividend
= 0+ [1100-350]-150
= 750-150
= $600.
Answer:
C. The business does not have enough existing customers
Explanation:
If it doesn't have enough customers, business will start to decrease because no one is buying.