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Possible Answers:
Asset.
Last seen on: Daily Celebrity Crossword – 3/23/23 Top 40 Thursday
Random information on the term ” Selling point”:
Anacin is an American brand of analgesic that is manufactured by Prestige Consumer Healthcare. Its product contains aspirin and caffeine.
Anacin was invented by William Milton Knight and was first to be used circa 1916 as stated in the patent. Anacin is one of the oldest brands of pain relievers in the United States, first being sold in the 1930s. Anacin’s mascot at the time was Ana Anacin, who was found in a number of ads for this product by Bayer.
It was originally sold by the Anacin Co. (“Pharmaceutical Chemists”) in Chicago, Illinois. American Home Products, now known as Wyeth, purchased the manufacturing rights in 1930. Anacin was reportedly their most popular product. Insight Pharmaceuticals acquired the brand in 2003.[citation needed] In 2014, Prestige Brands signed an agreement with Insight to acquire the company; it was Prestige Brand’s largest acquisition to that point.
In 1939, Anacin sponsored a daytime serial called Our Gal Sunday. Their sponsorship spanned 18 of the program’s 23 years on the air. Early Anacin radio commercials appeared in radio shows and dramas of the 1940s and ’50s. These “formulaic” commercials usually claimed that Anacin was being actively prescribed by doctors and dentists at the time, treated “headaches, neuritis and neuralgia”, and that it contained “a combination of medically proven ingredients, like a doctor’s prescription”, without specifying those ingredients. Sometimes the announcer would mention that there were four active ingredients in Anacin, one of which was the medicine the consumer was already taking. It also claimed to help with depression. The announcer then reminded the listener that Anacin was available “at any drug counter”, and “comes in handy (tin) boxes of 12 and 30, and economical family-size bottles of 50 and 100”, usually spelling out its name at the end of the commercial.
Random information on the term ” Asset”:
In accounting, an economic item’s historical cost is the original nominal monetary value of that item. Historical cost accounting involves reporting assets and liabilities at their historical costs, which are not updated for changes in the items’ values. Consequently, the amounts reported for these balance sheet items often differ from their current economic or market values.
While use of historical cost measurement is criticised for its lack of timely reporting of value changes, it remains in use in most accounting systems during periods of low and high inflation and deflation. During hyperinflation, International Financial Reporting Standards (IFRS) require financial capital maintenance in units of constant purchasing power in terms of the monthly CPI as set out in IAS 29, Financial Reporting in Hyperinflationary Economies. Various adjustments to historical cost are used, many of which require the use of management judgment and may be difficult to verify. The trend in most accounting standards is towards more timely reflection of the fair or market value of some assets and liabilities, although the historical cost principle remains in use. Many accounting standards require disclosure of current values for certain assets and liabilities in the footnotes to the financial statements instead of reporting them on the balance sheet.