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7nadin3 [17]
3 years ago
13

Brutus' Fried Chicken patented the recipe for the spices used in the coating of the chicken. The patent protection lasts for 17

years. Brutus' Fried Chicken will view this patent protection as a(n) ________.
a. threat until the patent expires
b. opportunity during the time of the patent protection
c. weakness because the patent cannot be renewed
d. cost of doing business
Business
1 answer:
belka [17]3 years ago
4 0
My answer: <span>b. opportunity during the time of the patent protection

Patent protection may also be identified as a cost for doing business but there are a lot of costs that will be spent in doing business. Thus, patent protection of Brutus' Fried Chicken will be treated as opportunity during the time of the patent protection. This patent ensures that only Brutus' Fried Chicken can use of the said </span><span>recipe for the spices used in the coating of the chicken. They can litigate anyone who will infringe on their recipe. </span>
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The first year of operations for a company was Year 1. The net income for Year 1 was $20,200 and dividends of $12,100 were paid.
Mekhanik [1.2K]

Answer:

$37,200

Explanation:

The amount of retained earnings is calculated by using the formula below;

Amount of retained earnings = Net income - Dividends paid

In year 1, the amount of retained earnings

= $20,200 - $12,100

= $8,100

In year 2, the amount of retained earnings

= $34,200 - $5,100

= $29,100

Therefore, the amount of retained earnings at the end of year 2

= Amount of retained earnings for year 1 + Amount of retained earnings for year 2

= $8,100 + $29,100

= $37,200

8 0
3 years ago
You've just learned that tuition and fees for the next semester are expected to increase by 15%. How do you think this will impa
jonny [76]

The demand for the coffee will decrease with the rise in the fee because of decrease in the money in hand of the student.

<u>Explanation:</u>

Demand of a particular product is related to many factors. Some of the factors affecting the demand of a good are price of the good, income of the consumers, taste, fashion, availability of substitutes and so on.

In the above given example, since with the rise in the tuition and the fee of the student, the money in the hand of the student decreases, so he will have less money to spend. Therefore the demand of the coffee will also decrease with this increase.

7 0
4 years ago
2.7 Pension funds pay lifetime annuities to recipients. If a firm will remain in business indefinitely, the pension obligation w
Dima020 [189]

Answer: indefinitely, the pension obligation will resemble a perpetuity. Suppose, therefore, that you are managing a pension fund with obligations to make perpetual payments of $1.4 million per year to beneficiaries. The yield to maturity on all bonds is 13.0%. a. If the duration of 5-year maturity bonds with coupon rates of 9.0% (paid annually) is 4 years and the duration of 20-year maturity bonds with coupon rates of 6% (paid annually) is 11 years, how much of each of these coupon bonds (in market value) will you want to hold to both fully fund and immunize your obligation? (Do not round intermediate calculations. Enter your answers in millions rounded to 1 decimal place. Omit the "$" sign in your response.) b. What will be the par value of your holdings in the 20-year coupon bond? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. Omit the "$" sign in your response.)

Explanation:

3 0
4 years ago
A new firm is developing its business plan. It will require $735,000 of assets (which equals total invested capital), and it pro
Liula [17]

Answer:

The maximum debt to capital ratio is 43.08%

Explanation:

Since in the question, the Times interest earned ratio is given through which we can compute the amount of interest expense. But before that, we have to find out the Earning before income and taxes (EBIT) amount.

So, the EBIT = Sales - operating cost

                     = $450,000 - $355,000

                     = $95,000

And, the times interest earned ratio = EBIT ÷ Interest expense

4 times = $95,000 ÷ Interest expense

So, the  interest expense = $23,750

The interest rate is given 7.5% but we have to use this rate so that the value of debt can be calculated.

Let us assume the debt value is 100

So, the debt value = Interest expense × (Assume debt ÷ interest rate)

                               = $23,750 × (100 ÷ 7.5%)

                               = $316,667

And, the total asset is $735,000

So, the debt to capital ratio equals to

= (Debt ÷ total invested capital) × 100

= $316,667 ÷ $735,000

= 43.08%

3 0
3 years ago
Use the following data to determine the total amount of working capital.
pashok25 [27]

Answer:

$279,200

Explanation:

The computation of working capital is shown below:-

As we know that

Working capital = Current assets - Current liabilities

where,

Current assets = cash balance + account receivable + Inventory

= $129,200 + $122,600 + $209,300

= $461,100

And,

Current liabilities = Account payable + Salaries  & wages payable

= $153,500 + $28,400

= $181,900

now we will put the values of the above working capital formula

= $461,100 - $181,900

= $279,200

6 0
3 years ago
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