A grant for the exclusive right to make, use, or sell new or improved inventions is a patent.
Answer:
3 times
Explanation:
Times Interest earned is a financial ratio that shows how many times an entity's net income or earnings before interest and taxes can be used to settle the company's interest expense.
It is given as the ratio of earnings before interest and tax to interest expense.
Earnings before interest and taxes is the difference of sales and operating costs.
= $400,000 - $362,500
= $37,500
Hence, the firm's times-interest-earned (TIE) ratio
= $37,500/$12,500
= 3
Answer:
Applied overhead = $424,320
Explanation:
Overheads are applied using the predetermined overhead absorption rate (POAR).
T<em>he applied overhead = POAR × standard machine hours allowed for actual actual output.</em>
POAR = Budgeted overheads/Budgeted machine hours
OAR= $ 495,040 /59,500
=$8.32
Overhead applied = 8.32 × 30,000× 1,70= 424,320
Applied overhead = $424,320
Answer:
b. keeping promises
Explanation:
In the service industry the employyes are responsible for keeping their promises, they are the one working on the ground and executing things.
The choices are:
A. special cause variation.
B. common cause variation.
C. short-term variation.
<span>D. long-term variation.
</span>
The answer is A. special cause variation. In a management-controllable variation, the strategy is to separate common from the special cause of variation. It is all about the management control and not worker control. However, once it is identified the workers should know about it and have the tools to solve it.