Answer:
A) attractive; timely; durable; and anchored in a product, service, or business that creates or adds value for its buyer or end user
Explanation:
A true business opportunity;
- is attractive, must have high profit expectations.
- must be durable, should last at least a few years, not only a one time event.
- must present itself at the right moment and time. Sometimes great ideas are left behind because they are too disruptive, e.g. the Nash Rambler built in 1950 was the first compact car but wasn't very successful. Japanese compact cars became successful in the 1970s.
- must be anchored in a product or service that your company can provide that satisfies consumers' needs.
I think it's that their commercials attact people with their food and the famous people using the food to hype it
Answer:
Correct answer is letter D, $11,000 cost, five-year life and $1,000 salvage value
Explanation:
To compute depreciation expense of an asset using straight-line method of depreciation, the information we needed is 3,
1. cost of an asset
2. life of an asset (in year)
3. residual value (if available)
<em>* residual value of an asset is to be determined by the company, some asset don't have scrap value assigned.</em>
<em />
<em>FORMULA </em>
<em>The difference between the cost of an asset and the expected residual value over the number of years it is expected to be useful.</em>
<em>(cost of an asset - residual value ) / life of an asset</em>
Answer:
c. $360 increase in excess reserves and a $40 increase in required reserves
Explanation:
Required reserves is the amount of reserves that is required by the Central bank that banks should keep.
Required reserve = reserve ratio × deposit
= 0.1 × $400 = $40
Excess reserve is the amount of reserves kept in excess of the required reserves.
Excess reserve = Deposit - Required reserve = $400 - $40 = $360
I hope my answer helps you
