You should stress a product's benefits more than its features and advantages because the product's benefits are what the customer will buy.
Answer the following statement true (T) or false (F)
True
People focus more on benefits than features and advantages. Benefits may be practical or psychological.
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Based on the following trial balance for Barry's Automotive Shop, prepare an income statement, statement of retained earnings, and a balance sheet. There were no additional stock issuances during the year. Barry's Automotive ShopTrial BalanceDecember 31Cash$ 12,500?Accounts receivable1,500?Supplies500?Repair shop equipment27,000?Service truck33,000?Accounts payable?$2,600Common Stock?30,000Retained Earnings?8,525Dividends36,000?Service revenue?125,000Supplies expense3,425?Rent expense18,000?Utilities expense5,000?Gas expense7,200?Wages expense22,000? Totals$166,125$166,125
What will be an ideal response?
On January 1, a company issued a $500,000, 10%, 8-year bond payable, and received proceeds of $473,845. Interest is payable each June 30 and December 31. The total interest expense on the bond over its eight-year life is $400,000.
Answer the following statement true (T) or false (F)
The Las Vegas method is a simulation technique that uses random elements when chance exists in their behavior
Indicate whether the statement is true or false
What is the importance of placing the words "order" or "bearer" on an instrument?