Answer:
b. $400,000
Explanation:
According to the historical cost principle, the land or fixed assets should be reported in the financial statement with the purchase price or historical price.
In the given situation, the land receiving value is $400,000 and its fair market value or FMV is $500,000 and exchange value is $300,000
So, here the land should be recorded at $400,000. Hence, we ignored the fair market value and the exchanged value
Answer:
A. stock value of the company
Public good, even though it is a private held good.
Answer: c) He should start advertising for job openings on the local Spanish radio station.
Explanation:
This realization by Paul should make him want to hire more Hispanics into the company and the best way to do so would be to advertise it in such a way that Hispanics have a better chance of hearing about job openings.
Advertising on Spanish radio would ensure that Hispanics hear the advertisements because they are the main ethnicity that speaks Spanish. This will give them an edge in learning about job openings and enable Paul to hire more Hispanics.
Ferrari might be at risk of Brand Dilution
<u>Explanation:
</u>
Brand dilution occurs if a label loses its value because of overuse. Price will be lost if a product may not fulfill consumer standards. The brand is diluted. Mark extensions that cause mark dilution unless the new product follows the original product's label guarantee.
It is avoidable to dilute the product. Brand marketers were responsible for protecting the essence of a product to maintain the value.
This example is intentionally ridiculous, but the descriptions in everyday life are almost as ludicrous (Business Insiders). Ice Tea made nachos in Arizona. A scent of Zippo lighters. The jacket is designed by Smith and Weston. These are all variations that lead consumers to ask: what's the brand really about if they do this? We make the name worthless and dilute the product.
