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3 years ago

Patents are an example of which of the following?

Business

1 answer:

Kitty [74]3 years ago

6 0

Answer: Option (B) is correct.

Explanation:

Correct option: limited-life intangible assets.

Patents are considered as a intangible assets. Patents are the intellectual property that a owner can use to exclude others from making, selling and coping technology but for a limited number of years.

In most of the nations patent rights fall under the civil law and if a person wants to take benefit of their patent right then he have to sue someone for infringing the patent to enforce his right.

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In 2019, a marketing manager for New Balance’s Fresh Foam Zante shoe needs to forecast sales through 2021. She begins with the k

Gekata [30.6K]

The correct answer to this open question is "the lost-horse forecasting."

In 2019, a marketing manager for New Balance’s Fresh Foam Zante shoe needs to forecast sales through 2021. She begins with the known totals for 2018 and adjusts for positive factors like acceptance of new high-tech designs and great publicity, and for negative factors like higher inflation and predicted moves by the competition. This type of forecast is referred to as lost-horse forecasting.

In this kind of forecast, you first take into consideration the last known value of the article that is going to be forecasted, writing all the factors that might affect it in the forecast. Then you have to evaluate if that would have a positive or negative influence or impact in the article. Finally, you project a feasible situation.

7 0

3 years ago

An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of

PtichkaEL [24]

Answer:

Explanation:

Satisficing is searching for and accepting something that is satisfactory rather than insisting on the perfect or optimal.

Managers tend to satisfice rather than optimize in considering and selecting alternatives.

Characteristics:

-accept good enough

-do not obsess over other opinions

-can move on after deciding

-happier with outcomes

4 0

3 years ago

In September 2017, Gaertner Corp. commits to selling 150 of its iPhone-compatible docking stations to Better Buy Co. for $15,000

Liono4ka [1.6K]

Answer:

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

Explanation:

(a)

Prepare the journal entry for Gaertner for the sale of the first 90 stations. The cost of each station is $54.

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

(b)

Prepare the journal entry for the sale of 10 more stations after the contract modification, assuming that the price for the additional stations reflects the standalone selling price at the time of the contract modification. In addition, the additional stations are distinct from the original products as Gaertner regularly sells the products separately.

Journal Entries

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies...................................... $540

Dr. Cash.........................................................................$950

Cr. Supply of Stations.....($95 x 10)....................................$950

(c)

Prepare the journal entry for the sale of 10 more stations (as in (b)), assuming that the pricing for the additional products does not reflect the standalone selling price of the additional products and the prospective method is used.

Journal Entries

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies........................................ $540

Dr. Cash.......................($95 x 10)...............................$950

Dr. Supply discount..($5 x 10 stations).....................$50

Cr. Supply of Stations.....($100 x 10)....................................$1000

5 0

3 years ago

Raj is interested in a program that prepares him to enter the workforce as soon as he graduates high school. Which program would

NikAS [45]

If Raj is interested in a program that would prepare him to be a member of the workforce immediately he is out of high school he should go for the career academy program.

The career academy can be described as an academy that prepares people with work ready skills that they would need in the workplace.

Such academy exposes one to their peers and also helps the person by offering them mentoring and training on the career path that they choose.

7 0

2 years ago

A lessor is paid $45,000 by its commercial tenant as a lease cancellation fee. The tenant wanted to get out of its lease so it c

ExtremeBDS [4]

Answer:

The answer is: A) Ordinary income of $45,000.

Explanation:

The $45,000 the lessor collected from the lessee (his tenant) should be included as ordinary income.

IRS Internal Revenue Code Section 10. b. 1. establishes that payments received by a lessor for the cancellation of a lease are considering ordinary income.

6 0

4 years ago