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timofeeve [1]
2 years ago
5

McDonald has invented a machine that harvests corn in the field, automatically shucks the corn from the husk, and peels the kern

els from the cob, separating everything for easy disposal or further use. Assuming that all requirements are met for a patent, the length of his patent protection will be __________.a. 14 years from the completion of the invention. b. 20 years from the completion of the invention. c. 14 years from the filing of the application with the U.S. Patent and Trade Office. d. 20 years from the filing of the application with the U.S. Patent and Trade Office.
Business
1 answer:
julia-pushkina [17]2 years ago
6 0

Answer:

Correct option is (d)

Explanation:

Utility patent is granted to protect an innovation from being copied by others. Utility patent is granted to protect the functionality or usage of the product while design patent is granted to protect the way the product looks like its appearance or ornamentation.

Utility patent is granted for 20 years from the date the application is file with the US trade office while design patent is granted for 14 years from the date of invention.

Here, McDonald's invention is granted utility patent that protects the product for 20 years from the date application is filed with the US patent office.

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What does reconciling an account mean?
Gala2k [10]

Reconciliation is the accounting process of comparing two data sets to ensure that the numbers are correct and consistent.

Reconciling bank statements simply means comparing your internal financial records with those provided by your bank. This process is critical to being able to identify anomalous transactions caused by fraud or accounting errors.

All businesses are required to reconcile their banks at least once a month. It is convenient to reconcile the books immediately after the end of the month, as at the end of the month your bank will send you a monthly statement that you can use as the basis for your reconciliation. Balance sheet reconciliation is the process of closing the balances of all individual companies.

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8 0
1 year ago
RealTurf is considering purchasing an automatic sprinkler system for its sod farm by borrowing the entire $50,000 purchase price
Jet001 [13]

Answer:

savings per year = $20,500 - $10,500 = $10,000

the loan and interest are not included in the calculation

initial outlay = $50,000

cash flows 1-8 = $10,000

cash flow 9 = $15,000

discount rate = 15%

using a financial calculator, the NPV = -$862.85, and the IRR = 14.53%

8 0
2 years ago
Christie operates a small cookie business. what type of income does she earn? a. earned income b. unemployment income c. investm
faust18 [17]

So, the correct option is A (Earned income)

Small Business

Generally speaking, a small business is a privately held corporation, partnership, or sole proprietorship with fewer employees and lower yearly income than a corporation or regular-sized business. In terms of being eligible for government assistance and advantageous tax treatment, the meaning of "small" differs by nation and sector. According to a set of criteria based on particular industries, the U.S. Small Business Administration determines what constitutes a small business.

To learn more about Small Business

brainly.com/question/27968241

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5 0
1 year ago
A local bank’s advertising reads: "Give us $45,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve
m_a_m_a [10]

Answer:

1.78%

Explanation:

The computation of the annual interest rate earn is shown below:

= Every year payment ÷ Present value × 100

= $800 ÷ $45,000  × 100

= 1.78%

We simply divide the every year payment by the present value so that the correct annual interest rate can come

So, we consider all the information which is given in the question

3 0
3 years ago
Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm
NISA [10]

Answer:

A)0.67

Explanation:

Coefficient of variation can be regarded as the method that is usually devices in the assessment of the total risk per unit of return in a particular investment.

To calculate the investment's coefficient of variation, we use the expresion below

Coefficient of variation = standard deviation/expected return.

Given:

expected return = 15%

standard deviation = 10%.

Coefficient of variation =10/15

= 0.67

Hence, the investment's coefficient of variation is 0.67

7 0
2 years ago
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