Assets = Liabilities + Owner's Equity
$22,000 = ? + $5,000 Subtract the $5,000 from $22,000 and that gives you the liabilities.
($17,000)
In my opinion, Cindy would open a specialty store, because she wouldn't sell just any kind (of all kinds) of women's clothes, for all women to shop there. She would carefully pick a few lines, she wouldn't have too many products, and her products wouldn't be too cheap. Her main concern would be customer satisfaction.
Okay i will thank you take care
Answer:
The net differential decrease in cost for the entire three years is $8750
Explanation:
The benefits from purchasing the new machine includes the receipt of $6,250 salvage value as well as the reduction in variable manufacturing costs by $23,750 for 3 years ($43,750-$20,000).
Also,additional cost needed to acquire the new machine is the purchase price of $68,750,hence the net benefits overall is shown below:
Salvage value $6,250
cost savings($23,750*3) $7,1250
Total benefits $77,500
costs ($68,750)
net benefits $8,750
Answer: Distinctive competence
Explanation: There are certain qualities which usually sets a person, firm or organization apart from the rest of it's competitors such that consumers finds it very difficult to trade it's services for another while it's competitors also find it difficult to match the services it offers. These qualities usually sets the tone for success, increases customer loyalty and gives such firm an edge abive it's rivals. These qualities are usually called distinctive competence, services which are only offered by one or very few firms. In the scenario above, the distinctive competence exhibited by Gadgetbug's is the rare nature of efficient aftersale customer service it provides to it customers which other rivals find very difficult to match.