Answer:
The correct answer is <u>trade secret</u>
Explanation:
Trade secret can be considered as any secret or confidential information regarding business that provides a company with a competitive advantage over other company's in the market. Trade secret can be anything like commercial secrets, advertising strategies, recipe formula or manufacturing secrets etc. So therefore by reading the question it is quite clear that the intellectual property protection that keeps the recipe a secret is trade secret.
Answer:
Allocating Resources
Explanation:This would be really long winded to explain.
Answer:
The net realizable value of Accounts Receivable at year end is simply $18,100 ($20,600 - $2,500).
Explanation:
When there was a writeoff, the Company would have debited the allowance account to credit accounts receivable to the tune of $2,400. Also, the additional bad debt expense of $3,500 recorded would have been a debit to bad debt expense and credit to the allowance account. These are all events that transpired during the year. <u>Balance in the allowance account is therefore $1,400 - $2,400 + $3,000 = $2,500.</u>
Note that the ending balance of accounts receivable of $20,600 was only given in the question, which means that when the writeoff happened, the accounts receivable would have been reduced during the year. To arrive at the net realizable value, we do not need to consider the writeoff anymore, just simply back out the allowance for doubtful accounts balance from the accounts receivable.
Answer:
Correct option is (c)
Explanation:
Given:
Shares outstanding in 2017 = Issued shares - shares held in treasury
Issued shares in 2017 = 9 million
Shares held in treasury in 2017 = 4 million
Substitute the values in the above formula:
Shares outstanding in 2017 = 9 million - 4 million = 5 million
So, 5 million shares were outstanding as on 12/31/2017
<span>The concurrent model in software engineering defines a series
of events that will trigger transition from state to state for each of the
software engineering activities.This model is used for</span> development of client/server applications. The advantages of this model are the following: It is <span>easy to implement, the server TCP/IP logic is simple and <span>one listener is shared by many TPs.
</span>The drawbacks of the model are that </span><span><span>increased network overhead and delays due to the requirement of the TRM exchange and </span><span>more CPU and resource intensive than is the Iterative model.</span></span>
