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Daniel [21]
3 years ago
11

A trademark is a device that can take almost any form as long as it is capable of identifying and distinguishing specific produc

ts or services. Owens-corning fiberglas corporation's trademark is an example of a poduct that is protected by:__________
a. combination of letters and designs.
b. product shape.
c. picture.
d. logo.
e. color.
Business
1 answer:
GrogVix [38]3 years ago
4 0

Answer:

E)color

Explanation:

Trademark can be regarded as one of intellectual property, it can be explained as recognizable insignia, symbol as well as phrase and word, which denotes a particular product and it's one that legally differentiates that particular Product from all other products of its kind. A trademark can also be regarded as one that exclusively identifies a product and allow the consumer to know specific company it belongs to and also allows them to know company that have the ownership of the brand.

It should be noted that trademark is a device that can take almost any form as long as it is capable of identifying and distinguishing specific products or services.

For instance Owens-corning fiberglas corporation's trademark is an example of a poduct that is protected by logo.

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Presented below is selected information for three regional divisions of Medina Company.
ololo11 [35]

Answer:

a. Return on investment = Controllable margin / Average operating assets

North Division:

= 139,500 / 930,000

= 15%

West Division:

= 360,000 / 2,000,000

= 18%

South:

= 211,500 / 1,410,000

= 15%

b. Residual income = Controllable margin - (Average operating assets * Minimum rate of return)

North division:

= 139,500 - (930,000 * 12%)

= $27,900

West division:

= 360,000 - (2,000,000 * 14%)

= $80,000

South division:

= 211,500 - (1,410,000 * 9%)

= $84,600

5 0
3 years ago
Over the course of a year, Retail Market, Inc., sells goods from its inventory and one of its warehouses. In exchange, Retail re
maria [59]

Answer:

The answer is: D) The sale of the goods.

Explanation:

Article 2 of the Uniform Commercial Code (UCC) governs contracts for the sales of goods. Goods are defined as movable property. Usually the sales of services are not included in Article 2, unless the transaction includes the sales of goods. The sales of intangible assets is not included either.

5 0
3 years ago
An economist studying the market for wild Alaskan salmon determines the price elasticity of supply to be 0.43. a. In this case,
Marina86 [1]

Answer:

A. Inelastic

B. a less than 10% increase in quantity supplied

Explanation:

A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.

A supply is inelastic if the price elascitiy is less than 1.

4 0
3 years ago
Read 2 more answers
How much would you have to invest today in the bank at an interest rate of 10% to have an annuity of $5600 per year for 7 years,
Shtirlitz [24]

Answer:

PV = $27,263.15

It will be needed to deposit the lump sum of $27,263.15

Explanation:

The question is asking for how much will you need to deposit in a lump sum  today to withdraw for seven years the sum of $5,600 with an interest rate of 10%

In other words it is asking us for the preset value of an annuity of $5,600 with interest of 10%

Using the present value of an annuity formula of $1 we can solve for the present value of that annuity, which is the amount needed to generate this annuity

C * \frac{1-(1+r)^{-time} }{rate}= PV\\

We post our knows value and solve it:

5,600 * \frac{1-(1+0.10)^{-7} }{0.10}= PV\\

PV = $27,263.15

8 0
3 years ago
The following transactions involving intangible assets of Minton Corporation occurred on or near December 31, 2017. 1. Minton pa
kvv77 [185]

Answer and Explanation:

As per the data given in the question,

The journal entries are shown below:

A. On the date of transaction

1. Franchise A/c Dr. $400,000

          To Cash Cr. $400,000

(Being cash paid is recorded)

2. Research and development expense A/c Dr. $600,000

              To Cash Cr. $600,000

(Being cash paid is recorded)

3. Patents A/c Dr. $180,000

            To Cash Cr. $180,000

(Being cash paid is recorded)

4. Patents A/c Dr. $140,000

          To Cash Cr. $140,000

(Being cash paid is recorded)

5. Legal fees expense A/c Dr. $480,000

        To Cash Cr. $480,000

(Being cash paid is recorded)

6. Patents expense A/c Dr. $252,000

        To Patents Cr. $252,000

(Being patent expense is recorded)

7. Research and development expense $104,000

            To Cash Cr. $104,000

(Being cash paid is recorded)

B. Journal entries on Dec-31, 2018

1. No journal entry is needed

2. No journal entry is needed

3. Amortization expense A/c Dr. $18,000

             To Patents Cr. $18,000

(Being the amortization expense is recorded)

4. Amortization expense $35,000 ($140,000 ÷ 4 years)

             To Patents Cr. $35,000

(Being the amortization expense is recorded)

5. No journal entry is needed

6. No journal entry is needed

6 0
3 years ago
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