Answer:
Points of parity are elements that a brand needs in order to be considered in the eyes of the consumer. This is where a brand may have similarities to others—leading consumers to believe that brand is “good enough” to be included in the conversation.
<span>Higher interest rates are a trade‐off for lower liquidity meaning, if you choose an account with a higher interest rate to earn more money, you have a smaller chance for liquidity.
A checking and savings account typically have a lower interest rate but you have a larger chance for liquidity (spendability). With something like a certificate of deposit, you have a higher interest rate but less options with regards to spending. </span>
Answer:
$35,000
Explanation:
Since this is an operating lease (short lease term, no transfer of ownership, and low present value of lease payments), the lessor has to record a depreciation expense, but the lessee only considers lease payments as operating costs (no depreciation expense or lease liability should be recognized).
Depreciation expense per year under the straight line method = asset cost / useful life = $280,000 / 8 years = $35,000
Answer:
The estimated overhead cost if 225 direct labor hours are expected to be used in the upcoming period is $9,882.11
Explanation:
In order to calculate the estimated overhead cost if 225 direct labor hours are expected to be used in the upcoming period we would have to make the following calculation:
Cost for 225 direct labor hours = Intercept + Slope*225
Cost for 225 direct labor hours=$596.36+ ($41.27*225)
Cost for 225 direct labor hours=$9,882.11
The estimated overhead cost if 225 direct labor hours are expected to be used in the upcoming period is $9,882.11
Answer:
Answer is option b, i.e. Passion for his invention.
Explanation:
Roland has almost all the qualities of a successful entrepreneur which includes an innovative mindset, ability to identify new opportunities, but he lacks in being passionate about what he desires to achieve. To start something new and follow one's dream one has to be passionate enough to be consistent and patient. Passion without patience is merely a dream which cannot be realized in true form. Hence, instead of quitting on what Roland had started, he should have searched for some more ideas to influence various agriculture companies.