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2 years ago

The American chocolate wafer and cream cookie most of us know (and love?) is made by Nabisco and sold under the name

Business

1 answer:

KIM [24]2 years ago

6 0

Answer:

Leaf Brands is free to use the Hydrox name.

Explanation:

Trademark law protects the trademark that is registered and in use. However, it is not enough to use the trademark, it must be renewed every 10 years if it is in use. Whereas the trademark law allows the trademark to last in perpetuity, unlike copyrights and patents, Kellogg can only enjoy the protection of its trademark if it is renewed every 10 years as long as it continues to be in use.

By practice and in utterance, Kellogg had abandoned its Hydrox trademark. As such Leaf Brands is free to take it up and re-register and use it.

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Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.4 million. The machinery can be sold to the Romul

Semmy [17]

Answer:

a. $5,194,000

b. $7,715,000

Explanation:

a. Book Value of assets = Book value of fixed assets + book value of current assets

Book Value of assets = Book value of fixed assets + (Current Liabilities + Net working capital)

Book Value of assets = $4,200,000 + ($850,000 + $144,000)

Book Value of assets = $5,194,000

b. Sum of market value = $7,600,000 + ($965,000 - $850,000)

Sum of market value = $$7,600,000 + $115,000

Sum of market value = $7,715,000

8 0

2 years ago

Veruca sells therapeutic bath salts on the Internet. Her annual revenue is $52,000 per year, the explicit costs of her busines

koban [17]

Answer:

D. $38,000

Explanation:

The formula to compute the accounting profit is shown below:

Accounting profit = Annual revenue - Explicit cost

= $52,000 - $14,000

= $38,000

It shows a relationship between the annual revenue and the explicit cost. The difference between these two is known as accounting profit.

8 0

2 years ago

What is the outlook for marketing career opportunities

Fiesta28 [93]

Answer:

D The number of jobs in marketing is on the rise

Explanation:

7 0

2 years ago

Arena, Inc. uses the direct method to prepare its statement merchandise inventory of cash flows. Use the following information r

Svet_ta [14]

Answer:

D. $184,400

Explanation:

Please see attachment

7 0

2 years ago

Assume that Speedboat Company has beginning finished goods inventory of $10,000; ending finished goods inventory of $150,000; go

gtnhenbr [62]

Answer:

$60,000

Explanation:

The movement in finished goods balance between the beginning and end of a period is due to the cost of goods sold and goods manufactured. This may be expressed mathematically as;

Opening balance + manufactured goods - cost of goods sold - other write-offs = closing balance.

where there are no other write-offs,

$10,000 + $200,000 - cost of goods sold = $150,000

Cost of goods sold = $10,000 + $200,000 - $150,000

= $60,000

7 0

3 years ago