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3 years ago

Explain the result of the violation of patent protection illustrated in the scenario below.

Business

1 answer:

lesya692 [45]3 years ago

6 0

<h2>Luke cannot sell the product because patent is already been issued to the similar product.</h2>

Explanation:

According to the given scenario, Luke though he is an inventor and he has created a product which is similar to already patented, Luke is not allowed to sale based on the patent rule.

Since there is a patent right obtained by someone for similar product, then what Luke is trying to do is against the Patent law.

Luke cannot prove that he already had an idea. Any law always needs a proof than a statement.

Luke may be punishable under the patent law if he tries to sell his invention.

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The XYZ Fund had NAV per share of $17.50 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.47. Income

STatiana [176]

Answer:

21.26%

Explanation:

Calculation for the Rate of return that the

investor receive on the XYZ Fund last year

Using this formula

Rate of return =Current value - original value +Income distributions+ Capital gain distributions) / original value) x 100

Where,

Current value =$19.47

Original value =$17.50

Income distributions=$0.75

Capital gain distributions=$1.00

Let plug in the formula

Rate of return($19.47 - $17.50 + $0.75 + $1.00)/$17.50

Rate of return =($1.97+0.75+$1.00)/$17.50

Rate of return=$3.72/$17.50

Rate of return =0.2126*100

Rate of return =21.26%

Therefore the rate of return that did investor receive on the XYZ Fund last year will be 21.26%

8 0

3 years ago

Jeremy Corporation estimated manufacturing overhead costs for the year to be $500,000. Jeremy also estimated 8,000 machine hours

Crank

Answer:

Allocated overhead= $375

Explanation:

Giving the following information:

Jeremy Corporation estimated manufacturing overhead costs for the year to be $500,000. Jeremy also estimated 8,000 machine hours and 2,000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours.

On January 31, Job 25 was completed. It required 6 machine hours and 1 direct labor hour.

First, we need to calculate the predetermined overhead rate:

predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base

predetermined overhead rate= 500,000/8000= $62.5 per machine hour

Allocated overhead= predetermined overhead rate* actual hours= 62.5* 6= $375

4 0

3 years ago

Street Company's fixed expenses total $150,000, its variable expense ratio is 60% and its variable expenses are $4.50 per unit.

Len [333]

Answer:

Break even in units = 50000 units

Explanation:

Break even point is a point where total revenues equal total cost and the firm makes no profit or no loss. Break even point in units is the number of units that must be sold in order for the firm to break even. The formula to calculate break even in units is,

Break even in units = Fixed costs / Contribution margin per unit

Where,

Contribution margin per unit = Selling price per unit - Variable cost per unit

First we will calculate the contribution margin per unit.

A variable cost ratio of 60% means that variable costs are 60% of selling price. This means that the remaining 40% is contribution margin per unit.

Now if the variable cost is 4.5 per unit which are 60% of selling price, the the selling price per unit will be,

4.5 = 0.6 / Selling price

Selling price = 4.5 / 0.6

Selling price = 7.5 per unit

Contribution margin per unit = 7.5 - 4.5 = 3 per unit

Break even in units = 150000 / 3

Break even in units = 50000 units

8 0

3 years ago

Allison lives in the United States and has just retired. It is the end of October 2018. She has long had dreams of cruising the

Morgarella [4.7K]

Based on the weakened conditions of a currency exchange against the U.S. Dollar between 2008 and 2018, it would be advisable for Allison to go on a vacation for visiting Buckingham Palace in the United Kingdom.

<h3>What is the significance of currency exchange?</h3>

A currency exchange can be referred to or considered as the rate at which the currency of one country compares with the currency of any other country. U.S. Dollar is currently the strongest currency in the world.

When a comparison between the currencies like the American Dollar and Euros is done, it is found that there is a degrowth in the value of Euros against the dollars, and thus, vacation in such country will be cheaper for Allison to visit to.

Therefore, the significance regarding currency exchange has been aforementioned.

Learn more about currency exchange here:

brainly.com/question/13736607

#SPJ2

5 0

2 years ago

Read 2 more answers

A project with an initial investment of $451,700 will generate equal annual cash flows over its 8-year life. The project has a r

Drupady [299]

Answer:

$81,307.55

Explanation:

The minimum annual cash flow required to accept the project is the equal annual cash flow that makes net present value of the project to be at least equal to zero. In other words, it is the equal annual cash flow that equates the initial investment and the summation of the present values (PV) of all the 8-year equal annual cash flow.

This can be estimated as using the formula for calculating the ordinary annuity as follows:

PV = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] …………………………………. (1)

Where;

PV = Present values of equal annual cash flow that is equal to Initial investment = $451,700

P = annual cash flow = ?

r = required return = 8.9% = 0.089

n = number of years = 8

Substitute the values into equation (1) to have:

$451,700 = P × [{1 - [1 ÷ (1 + 0.089)]^8} ÷ 0.089]

$451,700 = P × 5.55544994023063

P = $451,700 / 5.55544994023063

P = $81,307.5457181148

P = $81,307.55 when approximated to two decimal places.

Therefore, the minimum annual cash flow required to accept the project is $81,307.55.

6 0

3 years ago