Packaging can add value to a market offering by promoting, protecting, or enhancing the product.
Answer the following statement true (T) or false (F)
True
Packaging involves promoting, protecting, and enhancing the product. Good packaging makes products easier to identify and promotes the brand at the point of purchase and even in use.
You might also like to view...
Place Corp purchased supplies at a cost of $12,000 during the year. At January 1, supplies on hand were $2,000 . At December 31, supplies on hand are $1,000 . Determine the amount of supplies expense for the year
a. $ 10,000 b. $ 12,000 c. $ 13,000 d. $ 14,000
Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2015 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2015 . Park paid the amount due on June 13, 2015. Park uses the periodic inventory system. What effect does recording
the purchase of merchandise on June 5, 2015 have on Park's accounting equation? a. Assets and liabilities increase. b. Liabilities increase and stockholders' equity decreases. c. Assets and stockholders' equity increase. d. Liabilities and stockholders' equity decrease.
Compound interest is a repeated calculation of the interest on the principal over certain periods of time
a. True b. False Indicate whether the statement is true or false
Would a banker be more interested in the liquidity or the profitability of a company? Explain