Answer:
a condition or circumstance that puts a company in a favourable or superior business position.
Answer:
e. trialability
Explanation:
Trialability is the ability to give an idea, process, product, or system a trial before making a final decision.
It indicates the degree to which a product or innovation can be experimented by the customer before they finally buy.
Warby Parker has leveraged on this strategy by allowing customers browse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging
Transactions will be recorded as follows;
<u>March 1</u>
Debit Cash $21,000
Credit Common Stock $21,000
<u>March 5</u>
Debit Cash $9,000
Credit Notes Payable $9,000
<u>March 10</u>
Debit Construction Equipment $25,000
Credit Cash $25,000
<u>March 15</u>
Debit Advertising Expense $1,100
Credit Cash $1,100
<u>March 22</u>
Debit Accounts Receivable $18,000
Credit Service Revenue $18,000
<u>March 27</u>
Debit Cash $13,000
Credit Accounts Receivable $13,000
<u>March 28</u>
Debit Salaries Expense $6,000
Credit Cash $6,000
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Answer: Presentation.
Explanation:
The presentation stage is the stage after the approach stage of personal sales, where the marketer introduces a product to a potential buyer and tries to sell the product by listing out the qualities of that product to the buyer.
Answer:
16.59%
Explanation:
First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage
Future Value = Present Value x (1 +i)∧n
where i = the annual rate of return
n= number of years or period
We then plug the given figures into the equation as follows
we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15
Therefore, the implied annual return or yield on the investment is
100,000 = 10,000 x (1+i)∧15
(1+i)∧15 = 100,000/10,000 = 10
1 + i = (10∧(1/15))=1.165914
i= 1.165914-1
= 0.1659
= 16.59%
