A grant for the exclusive right to make, use, or sell new or improved inventions is a patent.
Answer and Explanation:
The journal entries are shown below:
On June 1
Stock dividend (120000 × 15% × $13) $234,000
To Common Stock dividend distributable (120000 × 15% × 5) $90,000
To Paid in capital in excess of par-Common Stock $144,000
(being stock dividend declared is recorded)
On June 30
Common Stock dividend distributable $90,000
To Common Stock $90,000
(Being the payment of stock dividend is recorded)
The best choice for Friedo and Mariam would be a Limited Liability Company.
It is very important to structure your new business correctly. If a business owner is worried about personal risk, it is best to set up the company as an LLC, short for Limited Liability Company. The LLC gives business owners the single taxation that you would have in a sole proprietorship, but limits the personal liability, similar to what you would see with a corporation.
Answer:
Adjustment bonds
Explanation:
A company offers an adjustment bond once it reorganizes its obligations to deal with financial hardships or possible bankruptcy. Holders of new, unpaid bonds offer improvement bonds throughout a redemption phase.
This problem enables the new bonds to simplify the outstanding debt.Adjustment loans have been an option to foreclosure when it is impossible for companies to make mortgage payments due to financial problems.
Adjustment bonds have a mechanism where interest charges only come when the corporation has profits. The corporation is not going into failure on unfinished fees. It essentially recapitalizes the outstanding balance commitments of the organization.
Answer:
Continuous production process
Explanation:
Continuous production process -
It is also known as continuous flow process , continuous process .
It refers to the constant method to manufacture , produce or process the goods and services , is referred to as Continuous production process .
The example of Continuous production process is blast furnace , nuclear power plants etc.
The method demands a lot of attention and manual work to perform this task .
Hence , from the given scenario of the question ,
The correct term is Continuous production process .