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Artyom0805 [142]
3 years ago
15

During 2016, Frank Company incurred $200,000 in legal fees in defending a patent with a carrying value of $3,500,000 against an

infringement. Farver's lawyers were successful with the defense of the patent. The legal fees should be
Business
1 answer:
MatroZZZ [7]3 years ago
6 0

Answer: $320,000

Explanation:

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John was driving his car in a careless way, failing to drive as a reasonably prudent person would under the driving conditions.
Ilia_Sergeevich [38]

Answer:

1. <em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>

<em> </em>2<em>. If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John which will be $80,000</em>

<em />

Explanation:

In contributory negligence, the defense completely bars plaintiffs from any recovery if they contribute to their own injury through their own negligence.

<em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>

<em> </em>

In comparative negligence, the plaintiff's damages is award by the percentage of fault that the fact-finder assigns to the plaintiff for his or her own injury i.e the plaintiff's damage compensation is reduced by percentage of his/her percentage of fault.

<em>If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John</em>

this is 80% of $100,00 which is equal to <em>$80,000</em>

8 0
3 years ago
Benjamin Company had the following results of operations for the past year:Sales (16,000 units at $10.25) $164,000Direct materia
Mamont248 [21]

Answer:

Profit will increase by 5,975

Explanation:

From past year we can see that total variable cost will be:

Direct Material+Direct Labor+Variable Over head.

Total Variable Cost =100,000+20% of 20,000

Total Variable costs = 100,000+4000= 104,000

Per Unit Variable cost = Total Variable cost/Total Unit Produced

Per Unit Variable Cost = 104,000/16,000 = 6.5

If Benjamin accepts the offer results will be:

Sale (4,500*8.05) 36,225

Variable Cost (4,500*6.5) (29,250)

Incremental Fixed cost (650)

Incremental admin

and selling cost (350)

Operating Income 5,975

7 0
3 years ago
Read 2 more answers
Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a pro
vlabodo [156]

Answer:

Product cost refers to the costs incurred to create a product. These costs include direct labor, direct materials, consumable production supplies, and factory overhead. Product cost can also be considered the cost of the labor required to deliver a service to a customer.

Examples of product costs are direct materials, direct labor, and allocated factory overhead which are directly attributable to the product.

period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets. A period cost is more closely associated with the passage of time than with a transnational event. ... Instead, it is typically included within the selling and administrative expenses section of the income statement.

Examples of period costs are general and administrative expenses, such as rent, office depreciation, office supplies, and utilities. Period costs are sometimes broken out into additional subcategories for selling activities and administrative activities

4 0
3 years ago
One role of marketing communications in the problem recognition stage of the purchase decision-making process is to:
vlada-n [284]

Answer: help distribution partners identify product availability problems.

Explanation:

The options are:

a. alert the company about problems in conveying a message to target consumers.

b. resolve consumer problems with customer service outreach.

c. remind consumers of existing needs.

d. help distribution partners identify product availability problems.

e. educate consumers about features and benefits.

One role of marketing communications in the problem recognition stage of the purchase decision-making process is to help distribution partners identify product availability problems.

It should be noted that marketing communications can help identify the needs or problem that consumers have.

6 0
3 years ago
Suppose the supply and demand for a certain textbook are given by ​supply: p equals one fourth q squared comma ​demand: p equals
Llana [10]

Answer:

the demand quantity and the supply quantity at a price of ​$15 is 8 units

Explanation:

Supply, P = 1/4 Q²

Demand, P = - 1/4 Q²+30

If P = 15

Quantity Demanded will be 15 = -0.25Q²+30;

if we move 30 across the equality sign.

Therefore -0.25Q²=-15; divide both sides by -0.25;

Q² = 60, Q = 7.746, approximately 8 units

Quantity Supplied will be 15 =  1/4 Q², dividing both sides by 1/4

Q² = 60, Q = 7.746, approximately 8.

6 0
3 years ago
Read 2 more answers
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