Discuss briefly why customers value brands
What will be an ideal response?
a. Expectations of quality
b. Risk reduction
c. Prestige
d. Reduced information search costs
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On January 1, Year 1, Needham, Inc., borrowed $10,000 at 6% for four years. On December 31, Year 1, Needham made its first installment payment of $2,886. Show the effect of the first installment payment on the accounting equation. Round the amounts to the nearest dollar. What is SE?
A. (2,286) Cash B. (600) Notes Payable C. (2,886) Notes Payable D. (600) Cash E. (2,886) Interest Expense F. (2,886) Cash G. (2,286) Notes Payable H. (600) Interest Expense I. 0 No Effect
When a country imports more than it exports, it will:
A) be known as a net importing country and this portion of the GDP will have positive value. B) be known as a net importing country and this portion of its GDP will have a negative value. C) be known as a net exporting country and this portion of its GDP will have a positive value. D) be known as a net exporting country and this portion of its GDP will have a negative value.