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Ivan
3 years ago
13

Which of the following statements is true of copyright? There are different copyright rules for pre and post 1978 works. Congres

s enacts copyright rules under the World Intellectual Property Organization. Copyrights and patents last forever. Copyrights for a work-for-hire last for 50 years.
Business
1 answer:
Lera25 [3.4K]3 years ago
8 0

Answer:

Correct option is (a), Different copyright rules for pre and post 1978 works

Explanation:

Copyright is a right given exclusively a person who has created a new work and reproduce it for a stipulated time. It is granted for a stipulated time period.

For all creations after 1978, copyright is granted for the years that the creator live and seventy years after his life.

For creations before 1978, that were not published, same rules are applicable as of post 1978 period. However, for works published before 1978, copyright was granted for total 95 years that is divided between 28 years from the date of registration of work and renewed for 67 years on expiry.

So copyright rules differ for works published pre and post 1978.

You might be interested in
Warnerwoods Company uses a perpetual inventory system.
Liono4ka [1.6K]

Answer:

gross profit under FIFO = $40,570 - $25,220 = $15,350

gross profit under LIFO = $40,570 - $26,340 = $14,230

gross profit under weighted average = $40,570 - $26,240 = $14,330

gross profit under specific id. = $40,570 - $26,070 = $14,500

Explanation:

sales revenue = (290 x $86.60) + (160 x $96.60) = $40,570

COGS under FIFO:

130 x $51.60 = $6,708

160 x $56.60 = $9,056

80 x $56.60 = $4,528

80 x $61,60 = $4,928

total COGS = $25,220

COGS under LIFO:

240 x $56.60 = $13,584

50 x $51.60 = $2,580

160 x $63.60 = $10,176

total COGS = $26,340

COGS under weighted average:

weighted average = [(130 x $51.60) + (240 x $56.60) + (100 x $61.60) + (180 x $63.60)] / 650 = $58.31

450 x $58.31 = $26,239.50 ≈ $26,240

COGS under specific method:

80 x $51.60 = $4,128

210 x $56.60 = $11,886

60 x $61.60 = $3,696

100 x $63,60 = $6,360

total COGS = $26,070

8 0
3 years ago
The first Pepsi yields Craig 18 units of utility and the second yields him an additional 12 units of utility. His total utility
Dima020 [189]

The marginal utility of the third Pepsi is 8 units of utility

Explanation:

Marginal utility attempts to measure the additionally fulfilled use of extra products or services by a customer.

Economists use the idea of marginal demand to assess how much a individual good is likely to pay.

The complete utility of that first two Pepsi is equal to 30(= 18 + 12).  

Thus, the marginal value of the third Pepsi is equal to 8 (= 38-30).

5 0
3 years ago
Braxton Enterprises currently has debt outstanding of million and an interest rate of . Braxton plans to reduce its debt by repa
Vika [28.1K]

Answer:

Interest tax shield in year 0  = $1.155 million

Interest tax shield in year 1  = $0.924 million

Interest tax shield in year 2  = $0.693 million

Interest tax shield in year 3  = $0.462 million

Interest tax shield in year 4  = $0.231 million

Interest tax shield in year 5  = 0

Explanation:

Here is the complete question :

Braxton Enterprises currently has debt outstanding of $55 million and an interest rate of 6%. Braxton plans to reduce its debt by repaying $11 million in principal at the end of each year for the next five years. If Braxton's marginal corporate tax rate is 35%, what is the interest tax shield from Braxton's debt in each of the next five years?

interest tax shield is a reduction in tax paid as a result of interest paid on debt

interest tax shield = (debt amount x interest rate x tax rate)

Interest tax shield in year 0  = $55 million x 0.06 x 0.35 = $1.155 million

Debt in year 1 = $55 million - 11million = $44 million

Interest tax shield in year 1  = $44 million x 0.06 x 0.35 = $0.924 million

Debt in year 2 = $44 million - 11million = $33 million

Interest tax shield in year 2  = $33 million x 0.06 x 0.35 = $0.693 million

Debt in year 3 = $33 million - 11million = $22 million

Interest tax shield in year 3  = $22 million x 0.06 x 0.35 = $0.462 million

Debt in year 4 = $22 million - $11 million = $11 million

Interest tax shield in year 4  = $11 million x 0.06 x 0.35 = $0.231 million

Debt in year 5 = $11 million - $11 million = 0

Interest tax shield in year 5 = 0 x 0.06 x 0.35 = 0

5 0
3 years ago
Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $199,000 on sales of $2,340,000. Division B is able
mojhsa [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Division A has a profit of $199,000 on sales of $2,340,000. Division B is able to make only $32,500 on sales of $368,000

Gross profti margin= gross profit/revenue

Division A:

Gross profit margin= 199,000/2,340,000= 0.085= 8.5%

Division B:

Gross profit margin= 32,500/368,000= 0.088= 8.8%

5 0
3 years ago
costs are the monetary payments made for market-supplied inputs while costs are non-monetary opportunity costs.
givi [52]

<u>Explicit</u> costs are the monetary payments made for market-supplied inputs while <u>implicit</u> costs are non-monetary opportunity costs.

Market, a means by using which the alternate of goods and offerings takes location as a result of shoppers and dealers being in touch with one another, both without delay or through mediating dealers or establishments.

A market is an area in which consumers and sellers can meet to facilitate the alternate or transaction of goods and offerings. Markets can be physical like a retail outlet, or digital like an e-store. Different examples encompass illegal markets, auction markets, and financial markets.

The definition of a market is an area in which you go to buy matters or a call for a specific item. An example of a marketplace is a grocery save or a farmer's marketplace where stands are set up and fruits and vegetables are sold.

Learn more about the market here brainly.com/question/906651

#SPJ4

5 0
2 years ago
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