Answer:
The correct option is B. Although the budget is strained, PQR Inc. refuses to cut the training budget because when employees keep their professional knowledge current, they are more likely to be innovative.
Explanation:
It was best for PQR Inc. to not cut the training budget because properly trained staff can be very economical for the company. When a budget is planned for the training of the employees and the workers are trained time to time with new techniques then it leads to better performance by the employees. It would also increase the self-esteem of the workers as they would recognize the importance of a task and will come up with new ideas to perform the tasks in a much better way.
Answer:
$84,200
Explanation:
The computation of the amount that should be presented the note as on Dec 31 for year 2 is shown below:
= PV factor 9%, 2 periods × non-interest bearing note amount
= 0.842 × $100,000
= $84,200
Here we considered the 9% interest rate as it is the revalued with respect to the fair value and the same is to be considered
Answer:
B. brand equity
Explanation:
Brand equity is the value of a brand as a result of having recognition. If a company has a positive brand equity, consumers are willing to pay more its product than what they are willing to pay to the competition. According to this, Secret deodorants have more brand equity than comparable store brand deodorants as consumers are willing to pay $2.99 for Secret and $1.99 for a functionally similar store brand.