Answer:
False.
Explanation:
Patent can be defined as the exclusive or sole right granted to an inventor by a sovereign authority such as a government, which enables him or her to manufacture, use, or sell an invention for a specific period of time.
Generally, patents are used on innovation for products that are manufactured through the application of various technologies.
Basically, the three (3) main ways to protect an intellectual property is to employ the use of trademarks, copyright and patents.
In this scenario, Because your patented Gidgit is starting to gain attention and investors are starting to show interest, the executive committee is considering becoming a publicly held company.
Since Gidgit is patented it cannot be sold to the government because it is a registered intellectual property that cannot be used or sold without the approval or consent of the owner.
Answer: B- Purchase of the company's own stock
Explanation:
Stock repurchases is a transactions that causes a negative cash flow from financing activities
Answer:
Debit Salaries Expense $5,400; Credit Salaries Payable $5,400
Explanation:
Based on the information given we were told
the Company employee earn the amount of $1,800 in salaries for each working day and since they are been paid on Monday for the 5 work week ending on the previous Friday in which we Assume that year ended on December 31, which is a Wednesday this means that the Journal entry will be
Dr Salaries Expense $5,400
Cr Salaries Payable $5,400
(1,800×3)
Score well in high school and college, volunteer and take leadership roles, these aspects will help you get into a good college and get a good job.
The Federal reserve is acting as a lender of last resort when its lends money to banks and other financial institutions because no one else will/
<h3>What is the Federal Reserve?</h3>
It is the United states central banking system that is responsible for the nation's monetary policy and regulation of the supply of money and interest rates.
One of the role of Federal reserve is to act as a lender of last resort when its lends money to banks and other financial institutions because no one else will.
Therefore, the Option A is correct.
Read more about Federal Reserve
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