Answer:
c. a patent should be amortized over the shorter of the inventor's life or its economic life
Explanation:
Which of the following statements concerning intangibles is true?
a. a copyright should be considered an intangible with an indefinite life
b. organization costs must be expensed as incurred
c. a patent should be amortized over the shorter of the inventor's life or its economic life
d. the registration of a trademark or tradename lasts for 20 years and is non-renewable
Patents are a right granted to an inventor to exclusively sell a product for a specific period of time usually for 20 years. During this period, others are prevented from making, using, or selling the invention. A patent should be amortized over the shorter of the inventor's life or its economic life.
Types of patents include:
1. utility patents
2. design patents
3. plant patent
Copyright gives the inventor of a product and anyone they give the permission to the right to reproduce the product. Copyrights have limited lives
Answer:
a. True
Explanation:
TIE means times interest earned, whose formula is provided below:
Times interest earned=EBIT/interest expense
With the above formula, we can determine the EBIT (earnings before interest and tax)
Depending on the company's cost structure, when the operating costs are added to EBIT, the result would be the company's sales revenue
EBIT=Sales revenue-operating costs
Sales revenue=EBIT+operating costs
The answers are as follows:
1. D.
Truck dispatchers are workers who worked behind the scene to ensure that truck drivers have loads to carry and they ensure that drivers comply with their specified appointed arrival time and destinations. Truck dispatchers are indispensable to the truck industry because of their crucial roles in ensuring that truck drivers concentrate on their routes and safely deliver their cargoes.
2. A.
The field of engineering is a branch of science and technology which involves the design, manufacture and use of various types of machinery, technology and building. Engineering is a wide field and there are different types of engineering. Engineers use science and technology to solve problems.
3. D.
An agribusiness is a type of business that involves the production, processing and distribution of agricultural products. It is a business which manages the food supply system. The term 'agribusiness' encompasses all those that are involved in the marketing of the farm produce including the warehouses, wholesalers, processors, etc.
Answer: A) cost-leadership business strategy
Explanation:
Cost leadership business strategy is a
- strategy of getting a competitive advantage by having the lowest cost of operation in the entire industry.
- makes a reasonable profit on each sale because you've reduced costs.
Here, To gain an advantage over other computer chip makers, Sematech focuses on <u>reducing its costs below all of its competitors</u> .
where as product differentiation is a technique use to differentiate a product from similar offerings on the market.
So, Sematech is pursuing a<u> cost-leadership business strategy</u>.
So, correct option is (A).
Answer:
you need 13 nuclear plants to satisfy the needs of the entire population.
Explanation:
On average, 3 people live in each house. Since the population is 30 million, then the total number of houses should be 10 million. According to your estimate, 10 million house will require 10 million KW or 10 GW.
Each nuclear plant is able to produce 0.8 GW, so you need 10 / 0.8 = 12.5 ≈ 13 nuclear plants to satisfy the needs of the entire population.