Answer:
Sustainable competitive advantage
Explanation:
Sustainable competive advantages are the qualities, edge or assets a company has which cannot be matched and one which the company an edge over it's competitor in the long run.
When a customer patronizes a store due to the constant customer experience he or she receives, irrespective of the expansion of the business, the situation is called sustainable competitive advantage.
Sustainable competitive advantages are also ideas which a company has and one which clearly set out a company or firm over it rivals in the long run. For a business to make profit continuously, it must have special skills which makes it a force when it comes to brand recognition.
People believed that the plants surrounding the potato were poisonous nightshade like what the tomato had. They also avoided it because they believed that it's "unattractive" appearance. They finally became accustomed to using it after they discovered that it was suitable to grow in harsh conditions or where nothing else would have grown.
Answer:
d.$5,000
Explanation:
In order to find the maximum amount of possible expansion in the money supply we will have to find the money multiplier. The formula for the money multiplier is
1/reserve ration =1/0.2=5
Now that we know that the multiplier is 5 we will multiply is by 1000 which is the initial deposit, to get the total possible expansion in the money supply, 1000*5= 5000
Answer:
Option C is the correct answer.
<u>Debit Depletion Expense $1,358,500; credit Accumulated Depletion $1,358,500.</u>
Explanation:
Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,000. It incurs additional costs of $600,000 to access the deposit, which is estimated to contain 2,000,000 tons and is expected to take 5 years to extract. Compute the depletion expense for the first year assuming 418,000 tons were mined.
Depletion expense = ( Mineral Deposit Cost + Additional cost)/ Estimate Extraction * N0 of ton extracted in first year
Depletion expense = (5900000 + 600000)/2000000 * 418000
Depletion expense = $ 1,358,500
