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4 years ago

Patents discourage companies from committing themselves to extensive basic research.A. TrueB. False

Business

1 answer:

djverab [1.8K]4 years ago

8 0

Answer:

B. False

Explanation:

Patents may be defines as when a legal authority or permission granting a right for a given time, in particular exclusive and right to exclude others from the production, use, or sale of an invention.

Therefore the given statement is wrong as patents are not discouraging the organizations from carrying out to extensive primary research so, the correct answer is False.

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A company has outstanding 10 million shares of $2 par common stock and 1 million shares of $4 par preferred stock. The preferred

deff fn [24]

Answer:

C. Preferred stockholders will receive the entire $300,000 and they must also be paid the remaining $20,000 sometime in the future before common stockholders will receive any dividends.

Explanation:

Preferred shares have preference over the common shares in respect of dividend. Since $300,000 is paid as dividend, the entire amount has to be paid to the preferred shareholders, as the total amount payable to them as dividend = $1,000,000 * 4 *8% = $320,000, which is more than the total dividend declared.

In addition, as the preferred shares have cumulative dividend preference the shortfall in any year is to be carried forward and paid in the year in which dividends are paid and that too before any dividend is paid to the common shareholders.

3 0

3 years ago

Naomi tells ogden, who has no knowledge of shakespearean comedy, that she will tutor him in the subject for $50. as an offer, th

Licemer1 [7]

As an offer, this is effective.
Ogden obviously wants to know something about Shakespearean comedy, because he may need it for an exam, or his job, or maybe he is just interested in the subject. Thus, he wishes to learn this from someone, which makes Naomi's offer an effective one.

7 0

3 years ago

On January 1, 2020, Waterway Company purchased 11% bonds, having a maturity value of $312,000 for $336,270.95. The bonds provide

mafiozo [28]

Answer and Explanation:

The journal entries are shown below:

1. 11% bonds payable $336,270.95

To cash $336,270.95

(Being the bond purchased for cash is recorded)

2. Cash ($312,000 × 11%) $34,320

To Interest revenue ($336,270.95 × 9%) $30,264

To 11% bond payable $4,056

(Being the interest revenue is recorded)

Fair value adjustment $1,685.05

To Unrealized gain $1,685.05

(Being the recognition of fair value is recorded)

It is computed below:

= (333,900 - ($336,270.95 - $4,056) )

3. Unrealized gain $13,000 ($333,900 - $320,900)

To fair value adjustment $13,000

(Being the recognition of fair value is recorded)

8 0

3 years ago

Jefferson County bought a new backhoe using General Fund cash. When the asset was acquired, what was the appropriate entry that

GalinKa [24]

Answer:

a. Debit Equipment; Credit Cash.

Explanation:

Backhoe is a fixed asset therefore, cannot be categorized as an expenditure, further it is paid in cash therefore, cash account will be credited, and further

Equipment will be debited, as asset account is debited if created or any value added in it , also in categorization the equipment will be clubbed in fixed assets but directly the amount will not be debited to fixed assets.

Therefore correct entry will be:

Debit Equipment

Credit Cash

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3 years ago

The broadcast that reported a decline in total output for the United States probably got some of its information from the govern

Iteru [2.4K]

Answer:

The correct answer is GDP.

Explanation:

The GDP is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a given period, usually one year or quarterly.

GDP is used as an object of macroeconomic study. Its calculation falls within the national accounts. For its estimation, several complementary approaches are used. After the relevant adjustment of the results obtained, in a partial way, the submerged economy is included in its calculation.

3 0

3 years ago