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Sonja [21]
1 year ago
10

An intangible asset that is a distinct name, sign, or symbol that the federal government grants exclusive rights to use for a sp

ecified period of time:_____.
Business
1 answer:
Delicious77 [7]1 year ago
6 0

An intangible asset that is a distinct name, sign, or symbol that the federal government grants exclusive rights to use for a specified period of time trademarks

A trademark (also a written mark or trademark[1]) is an intellectual property consisting of recognizable symbols, designs, or expressions that identify products or services from a particular source and distinguish them from others. It is a form of public property.[2][] 3 ]The trademark owner can be an individual, business organization, or legal entity. Trademarks can appear on packaging, labels, coupons, or on the product itself. Trademarks used to identify services are sometimes referred to as service marks.

The first Trademark Act was passed in 1266 during the reign of Henry III. It was enacted and required every baker to use a distinctive symbol on the bread they sold. The first modern trademark laws appeared in the late 19th century. France enacted the world's first comprehensive trademark system in 1857. The UK Trade Marks Act 1938 changed the system to allow registration based on "intended use", introduced a process based on an examination, and created a system for publishing applications.

Learn more about trademarks here

brainly.com/question/11957410

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On December 1, 2018, Shamrock Company received $9,600 from Destiny, Inc. for rent of an office owned by Shamrock Company. The pa
andrey2020 [161]

Answer:

b. credit to Rent Revenue of $3,200

Explanation:

Cash collected in advance results in the the creation of an asset and a liability. Hence a debit to cash account and a credit to deferred revenue. When the revenue is earned, it is recognized as a credit to revenue and a debit to deferred revenue with the amount earned.

Amount earned as at December 31

=  1/3 × $9,600

= $3,200

Entries required

Debit Deferred Rent revenue   $3,200

Credit Rent Revenue                 $3,200

Being entries to recognize revenue earned as at December 31

4 0
3 years ago
Computing and analyzing acid-test and current ratios
uysha [10]

Answer:

Current ratio- 2.03  2.33  1.73 and Acid-test ratio- 0.98  0.43  0.60              

Explanation:

Attach is the table of given cases

Acid test ratio= \frac{cash+Short\ term\ investments+ Current\ receivables }{Current\ liabilities}

Now, solving for acid test ratio.

<u>Case x</u>

⇒ Acid test ratio= \frac{1800+0+150}{2000}

⇒ Acid test ratio= \frac{1950}{2000}

∴ Acid test ratio= 0.975 \approx 0.98

<u>Case y</u>

⇒ Acid test ratio= \frac{120+0+400}{1210}

⇒ Acid test ratio= \frac{520}{1210}

∴ Acid test ratio= 0.429 \approx 0.43<u></u>

<u>Case Z</u>

⇒ Acid test ratio= \frac{1000+400+400}{3000}

⇒ Acid test ratio= \frac{1800}{3000}

∴ Acid test ratio= 0.60

Next solving for current ratio.

We know, current ratio= \frac{Current\ assets}{Current\ liability}

<u>Case x</u>

⇒ current ratio= \frac{4050}{2000}

∴ current ratio= 2.025 \approx 2.03

<u>Case y</u>

⇒ current ratio= \frac{2820}{1210}

∴ current ratio= 2.33

<u>Case Z</u>

⇒ current ratio= \frac{5200}{3000}

∴ current ratio= 1.73

Hence, Current ratio- 2.03  2.33  1.73 and Acid-test ratio- 0.98  0.43  0.60              

7 0
2 years ago
To adequately evaluate an investment​ center's financial​ performance, summary performance measures should include both the​ div
aleksklad [387]

Answer:

True

Explanation:

A company manager should be able to appraise its operations profit and capital used to generate the profit.

6 0
3 years ago
Petrus Framing's cost formula for its supplies cost is $1,730 per month plus $11 per frame. For the month of March, the company
Stells [14]

Answer:

-$55  U

Explanation:

For computation of activity variance for supplies cost in March first we need to find the budgeted activity of standard supplies cost and actual activity of standard supplies cost is shown below:-

Budgeted activity of standard supplies cost = Supplies cost + Per frame cost × budgeted Activity frames

= $1,730 + $11 × 613

= $1,730 + $6,743

= $8,473

Actual activity of Standard supplies cost = Supplies cost + Per frame cost × Actual activity frames

= $1,730 + $11 × 618

= $1,730 + $6,798

= $8,528

So, activity variance for supplies cost = Budgeted activity of standard supplied cost - Actual activity of Standard supplies cost

= $8,473 - $8,528

= -$55

7 0
2 years ago
Your friend offers you a pencil or a t-shirt for your iced coffee. You choose the t-shirt because it has the highest
vlabodo [156]
Value ! From my understanding.
7 0
3 years ago
Read 2 more answers
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