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3 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]3 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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Prahm Corp. wants to raise $5.3 million via a rights offering. The company currently has 590,000 shares of common stock outstand

lawyer [7]

Answer:

Proceeds from sale of rights will be $49407.62

Explanation:

Proceeds from the sale of rights

=> Net Proceeds per share = Subscription price per share x (1 – Spread)

= $27 × (1 – 0.06)

= $25.38 per share

=> New shares offered = money raised/net proceeds per share

= 5300000/25.38 = 208826 Shares

=> Number of rights needed = current shares/New share offered

= 590000/208826 = 2.82532

=> The Ex-rights stock price will be

Ex-rights stock price = ((Number of rights needed × selling price per share) + Subscription price) + (Number of rights needed + 1)

= ((2.82532 × 54) + $27 per share) / (2.82532 + 1) = $46.94177 per share

So, the value of a right = Selling price per share - Ex-rights stock price

= $54 - $46.94177

= $7.05823 per share

Therefore, proceeds from selling the rights will be

= Number of shares × value of a right

= 7000 × 7.05823

= $49407.62

Proceeds from sale of rights will be $49407.62

5 0

4 years ago

You would like to establish a trust fund to provide $140,000 a year forever for your heirs. The expected rate of return is 5.45

ryzh [129]

Answer:

The amount of money that must be deposited to day to fund this gift is $2,568,807.34.

Explanation:

In order to determine this, we employ the formula for calculating the present value of a perpetuity since the fund is meant to provide $140,000 a year forever.

A perpetuity can be described as payments that is made or received periodically forever or indefinitely.

The formula for calculating the present value of a perpetuity is given as follows:

PV = M / i ............................. (1)

Where;

PV = the amount of money that must be deposited today = ?

M = yearly amount to receive forever = $140,000

i = expected rate of return = 5.45, or 0.0545

Substituting the values into equation (1), we have:

PV = $140,000 / 0.0545

PV = $2,568,807.34

Therefore, the amount of money that must be deposited to day to fund this gift is $2,568,807.34.

7 0

3 years ago

Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo

Cerrena [4.2K]

476+898)+^9764598*7*

3 0

3 years ago

Cremics, a multinational drug manufacturing company, used a saffron trident in a promotional campaign for one of its drugs in In

frosja888 [35]

Answer:

Encoding

Explanation:

Encoding of a message can be defined as the production of the message because It is a system of coded meanings, and in order to create that, the sender of the message needs to understand how the message is comprehensible or will be decoded to the members of the audience.

Cremics obviously did not understand how saffron trident will be understood by the indians which led to the problem of miscommunication.

6 0

3 years ago

Read 2 more answers

A(n) _____ is the maximum price for a good allowed by law.

lorasvet [3.4K]

Answer:

an price ceiling

atau equilibrium price

I'm sorry ya kalo jawaban nya salah

3 0

3 years ago