This is the knowledge/expectations stage of the hierarchy of effects, because Linda is now aware of the product and is starting to learn about it.
The hierarchy of effects is:
1. Awareness - know the product exists
2. Knowledge- learn about the features of the product
3. Liking - make sure the customer likes the product and if not, figure out why
4. Preference- customers want your product over other brands
5. Conviction- the decision to make the purchase
6. Purchase - actually going out and buying the product
Answer:
explaining the stability and control aspects of the StreetCarver in its advertising messages
Explanation:
Based on the scenario being described within the question it can be said that In this case, it will most likely focus on explaining the stability and control aspects of the StreetCarver in its advertising messages. That is because these aspects are the highlights of what make the StreetCarver unique and better than the other options in the market, therefore these aspects are what will place the StreetCarver in the consideration set of potential skateboard buyers.
Answer:
Millions of software programs have been created and have helped to improve the economy. This is an
example of___new technology___.
LIFO uses the last unit costs for Cost of Goods Sold on the income statement and the first unit costs for Inventory on the balance sheet.
<h3>What is LIFO?</h3>
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
For example, if beginning inventory consists of 10 units at $10 per unit. In the middle of the month, 10 units were bought at $15 per unit. At the end of the month, 10 units were sold. Using LIFO, the cost of goods sold would be $150 ( 10 x 15). Ending inventory would be $100 ($10 x 10).
To learn more about LIFO, please check: brainly.com/question/13779572
Land improvements are capitalized separately from Land because land improvements have only a limited useful life.
Land is a special fixed asset which means that:
- It is purchased for long term use
- It is not depreciated because it lasts forever
Land improvements on the other hand, will not last forever. They will eventually wear out and need to be replaced. They are therefore capitalized separately from land so that they can be depreciated if need be.
In conclusion, land improvements are capitalized separately from land because they have a limited useful life.
<em>Find out more at brainly.com/question/14436052.</em>
