Kia Motors offers a new car model with the same features as other cars in the same segment. However, Kia's model is priced higher than its two main competitors. Kia is following a more-for-less positioning strategy

Indicate whether the statement is true or false

FALSE

Business

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A truck was acquired for $100,000 and has accumulated depreciation of $70,000

The business exchanges the truck for a new one. The new truck has a market value of $120,000 and the business pays $100,000 cash. Assume the exchange has commercial substance. Prepare the journal entry to record this transaction. What will be an ideal response

Business

A good illustration of negatively correlated attributes or benefits is good taste versus bad taste

Indicate whether the statement is true or false

Business