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Sever21 [200]
3 years ago
9

Ethel is having a Halloween party at her house and you can’t remember where she lives! You know that Mildred doesn’t live next d

oor to Ethel. Glinda and Locasta are next door neighbours and Mildred lives further left than Glinda. Which house is Ethel’s?
A: blue house B: red house c: green house D: yellow house
Business
1 answer:
never [62]3 years ago
7 0

Answer:  The correct answer is :  D: yellow house

Explanation:  Mildred does not live next to Ethel, she lives in the blue house, since Glinda and Locasta are next door neighbors, they live in the green and red houses. As Mildred lives to the left of Glinda, exactly Glinda lives in the red and Locasta in the blue. Therefore Ethel lives in the yellow.

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<span>The answer is 516,250 by first calculating expenses (6,500,000-40,000-expenses=590,000), net income = revenue-expenses.</span>
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Buster industries pays weekly salaries of $17,800 on friday for a five-day week ending on that day. the adjusting entry necessar
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3 years ago
Marketing practitioners commonly refer to the 4 P's of the Marketing Mix: Product, Price, Place and Promotion. In the service en
Bezzdna [24]

Answer:

Process, Physical Evidence and People

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7 0
3 years ago
Compare and contrast the protection to intellectual property provided by trade secrets relative to that provided by patents. Wha
Vera_Pavlovna [14]

Answer:

1. Protection to trade secrets and patents:

a. Trade secrets are protected indefinitely.  Generally, patents are granted for a maximum of 20 years.

b. The owner of a trade secret does not need to pay annual fee to defend the secret.  A patent holder is required to pay an annual fee, in order to make the patent enforceable.

2. Important defense for defendants in trade secret cases that is not available to patent infringement defendants:

The defendant in a trade secret case will cite that the secret is still commercially valuable.  But a patent holder cannot cite this because the patent is granted for a maximum of 20 years to stop stifling innovation.

Explanation:

Both trade secrets and patents are intellectual property rights which confer on their owners the exclusive use of their intellectual property.  The major differences are in the duration and the defense of the rights.  Patents, unlike trade secrets, do not last forever.  Patents, again unlike trade secrets, must be defended periodically through the payment of fees.

7 0
3 years ago
Tanner-UNF Corporation acquired as a long-term investment $260 million of 6.0% bonds, dated July 1, on July 1, 2021. Company man
REY [17]

Answer:

1. Dr Investment in bonds $260 million

Cr Discount on bond investment $40 million

Cr Cash $220 million

2. Dr Cash $7.8 million

Dr Discount on bond investment $2.1 million

Cr Interest revenue $9.9million

3. $222.1million

4. Dr Cash $210 million

Dr Discount on Bonds investment $37.9million

Dr Loss on sale of bonds $12.1 million

Cr Investment in bonds $260 million

Explanation:

1. & 2. Preparatiin of the journal entry to record Tanner-UNF's investment in the bonds on July 1, 2021 and interest on December 31, 2021, at the effective (market) rate.

1. Dr Investment in bonds $260 million

Cr Discount on bond investment $40 million

Cr Cash $220 million

(Being to record the purchase of investment )

2. Dr Cash $7.8 million

[(6%*$260)* 6 ÷ 12]

Dr Discount on bond investment $2.1 million

($9.9million-$7.8 million)

Cr Interest revenue $9.9million

[(9%*$220)* 6 ÷ 12]

(Being to record interest on bonds )

3. Calculation for what amount will Tanner-UNF report its investment in the December 31, 2021, balance sheet

Bond investment $260 million

Less Discount on bond investment ($37.9million)

($40 million - $2.1 million)

Investment cost $222.1million

Therefore the amount that Tanner-UNF will report its investment in the December 31, 2021, balance sheet is $222.1million

4. Preparation of the journal entry to record the sale.

Dr Cash $210 million

Dr Discount on Bonds investment $37.9million

($40 million - $2.1 million)

Dr Loss on sale of bonds $12.1 million

[260 million-($210 million+$37.9million)]

Cr Investment in bonds $260 million

(Being to record sale of bonds )

3 0
3 years ago
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