Answer:
The stage of a product's life cycle impacts the way in which it is marketed to consumers. A new product needs to be explained, while a mature product needs to be differentiated from its competitors.
Explanation:
Answer:
The correct answer is Novation.
Explanation:
Innovation represents all those transformations that introduce originality and novelty, usually develop more frequently in the economic context, especially when companies implement new products or services that become successful within the market, prevailing in it through advertising.
Innovation is a technique that can solve problems or shortcomings, which can be done through improvement and not just the creation of something new.
Answer: This is a lot to read , and I dont feel like reading it , plus im in 8th grade I dont understand this tbh :(
Explanation:
Answer:
The correct answer is all income statement accounts are temporary
Explanation:
Income statement is that part of financial statement set aside for determining profits or losses made in accounting period.
The main reason for preparing income statement is to arrive at the retained earnings which are later posted to the balance sheet.
All accounts in the income statement are temporary as they do not have balances carried forward at the end of a period unlike balance sheet where assets,liabilities and equity have opening and closing balances.
It is for the reason that inventory when purchased is first debited to the balance sheet and posted to income statement when the profit is to be determined and also closing inventory is immediately transferred back to the balance sheet.
The costs for office equipment in the first year of a business can run from approximately $3,000 to $12,000. Therefore, the option B holds true.
<h3>What is the significance of costs?</h3>
Costs can be referred to or considered as the amount to be incurred by a firm in order to ensure smooth functioning of its business operations. They vary from the department to department and the nature of the firm.
Costs such as office equipment can have a varying range for different natures of the firm. Most of the firms will have a cost for these equipments between $3,000 to $12,000. This range is not exhaustive, though.
Therefore, the option B holds true and states regarding the significance of costs for office equipments.
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