Christian Louboutin is a footwear designer who launched his line of high-end women's shoes in France in 1991. Since 1992, his designs have incorporated the shiny, red-lacquered soles that have become his signature
These red-lacquered soles and high stilettos of Louboutin distinguish him from other designer shoe brands. In accordance with the BrandAsset® Valuator model, which of the following components of brand equity has Louboutin fulfilled in this scenario?
A) energized differentiation
B) relevance
C) esteem
D) knowledge
E) advantage
A
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The retirement of debt by the issuance of common stock should be presented in a statement of cash flows in which of the following sections?
a. Supplemental schedule of noncash investing and financing activities b. Cash flows from operating activities c. Cash flows from investing activities d. Cash flows from financing activities e. Supplemental schedule to reconcile net income to net cash provided by operations
Legal clinics are an excellent resource for entrepreneurs. Which of the following would offer the best advice?
a. second- and third-year law students associated with a leading university b. a local SCORE organization c. a group of local entrepreneurs in the same industry d. a lawyer who works for your former employer
Under the UCC Secured Transaction Article, what is the order of priority for the following security interests in store equipment? I. Security interest in an air conditioner sold to a homeowner to replace an existing unit on the home's roof that was perfected by filing on April 15, 2014 II. A mortgage on that same home recorded on January 3, 2010 III. A purchase money security interest on new
windows for the home that attached on April 11, 2009 and was perfected by filing on April 20, 2014 A) I, III, II B) II, I, III C) III, I, II D) III, II, I
The amount of cash owed to a company by its customers from the sale of goods or services on account is commonly referred to as:
A. Accounts payable. B. Cash. C. Accounts receivable. D. Revenue.