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3 years ago

When a firm grants licenses internationally, it is giving foreign companies access to its:?

1 answer:

4 0

When a firm grants licenses internationally, it is giving foreign companies access to its trademarks, technology and patents. Having your licenses and business become international is a huge gain for most businesses. When items go international, they have a larger market they can sell their products too, but there are also some risk to it as well. Allowing the foreign countries and companies to see how your products work inside and out benefit them while bringing in more profit to the international licensee.

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In the block style business letter, the inside address appears below the date, with one blank _______ in between.

Alexxandr [17]

In the block style business letter, the inside address appears below the date, with one blank "paragraph" in between.

Block format is normally utilized for business letters.

In block format, the whole content is left adjusted and single divided. The special case to the single dispersing is a twofold space between sections (rather than indents for passages).

Full block style business letters have a formal appearance, anyway they can be utilized in casual business circumstances and also formal ones. In the event that you are searching for a solitary arrangement that will function admirably in each circumstance, this is a decent one to utilize.

6 0

3 years ago

As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3.

Luba_88 [7]

It would determine that the answer is 50k

8 0

3 years ago

Construct a 95% confidence interval for the population mean, μ. Assume the population has a normal distribution. A sample of 20

miv72 [106K]

Answer: (2823, 3417)

Explanation:

The confidence interval for the population mean is given by :-

$\mu\ \pm E$ , where E is the margin of error.

Formula for Margin of error :-

$z_{\alpha/2}\times\dfrac{\sigma}{\sqrt{n}}$

Given : Significance level : $\alpha=1-0.95=0.05$

Sample size = 20

$\mu=3120$

$\sigma=677$

Critical value : $z_{\alpha/2}=z_{0.025}=\pm1.96$

Margin of error : $E=1.96\times\dfrac{677}{\sqrt{20}}\approx 297$

Now, the 95% confidence interval for the population mean will be :-

$3120\ \pm\ 297 =(3120-297\ ,\ 3120+297)=(2823,\ 3417)$

4 0

3 years ago

Required: 1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) r

Vika [28.1K]

Question Completion:

Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018 year-end inventory is as follows:

Inventory, by Per Unit Net Realizable

Product Category Quantity Cost Value

Tools:

Hammers 100 $5.00 $5.50

Saw 200 10.00 9.00

Screwdrivers 300 2.00 2.60

Paint products:

1-gallon cans 500 6.00 5.00

Paint brushes 100 4.00 4.50

Required:

1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) individual products, (b) product categories, and (c) total inventory.

2. Assuming inventory write-downs are common for Almaden, record any necessary year-end adjustment amount for each of the LCNRV applications in requirement 1.

Answer:

<h3>Almaden Hardware Store</h3>

1. The carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to

(a) individual products:

= $5,800

(b) product categories:

= $6,050

= $6,080

2. Inventory write-down as a line item in the income statement, for each of the LCNRV applications for:

(a) individual products:

Debit Cost of goods sold $700

Credit Inventory $700

To record the inventory write down based on LCNRV.

(b) product categories:

Debit Cost of goods sold $450

Credit Inventory $450

To record the inventory write down based on LCNRV.

Debit Cost of goods sold $420

Credit Inventory $420

To record the inventory write down based on LCNRV.

Explanation:

a) Data and Calculations:

Inventory, by Per Unit Net Realizable LCNRV Inventory

Product Category Quantity Cost Value Value

Tools:

Hammers 100 $5.00 $5.50 $5.00 $500

Saw 200 10.00 9.00 9.00 1,800

Screwdrivers 300 2.00 2.60 2.00 600

Paint products:

1-gallon cans 500 6.00 5.00 5.00 2,500

Paint brushes 100 4.00 4.50 4.00 400

Inventory amount (LCNRV rule applied to individual products) $5,800

Inventory amount (LCNRV rule applied to product categories)

Tools: Cost value = (100 * $5) + (200 * $10) + (300 * $2) = $3,100

NRV value = (100 * $5.50) + (200 * $9) + (300 * $2.60) = $3,130

LCNRV = $3,100 for tools

Paint products: Cost value = (500 * $6) + (100 * $4) = $3,400

NRV value = (500 * $5) + (100 * $4.50) = $2,950

LCNRV = $2,950 for paint products

Total LCNRV = $6,050 ($3,100 + $2,950)

Inventory amount (LCNRV rule applied to total inventory):

Cost value = (100 * $5) + (200 * $10) + (300 * $2) + (500 * $6) + (100 * $4)

= $6,500

NRV value = (100 * $5.50) + (200 * $9) + (300 * $2.60) + (500 * $5) + (100 * $4.50) = $6,080

Year-end Adjustments for each of the LCNRV applications in requirement 1:

(a) individual products:

Cost of Inventory = $6,500

LCNRV = 5,800

Inventory write down $700

(b) product categories:

Cost of Inventory = $6,500

LCNRV = 6,050

Inventory write down $450

Cost of Inventory = $6,500

LCNRV = 6,080

Inventory write down $420

7 0

2 years ago

"could you please try to explain it in a different way so i can understand better?" is an example of a negative question.

Vlada [557]

No, this kind of a sentence is not an example of a negative question. It simply uses some of the already established information to clarify points and then ask for further details. If the person had said "I do not understand what you said, can you explain it again", then it can be considered as a negative question.

8 0

3 years ago