Answer:
vertical marketing system
Explanation:
Based on the scenario being described within the question it can be said that this scenario represents the first phase of a vertical marketing system. This is a cooperative system of business, in which members work together in order to correctly promote efficient manufacturing and product delivery to the customers, to meet customer needs.
Answer: D) A "cash-out" refinancing loan
Explanation:
A "cash-out" refinancing loan refers to when a person replaces the mortgage that they have on a house with a newer, larger mortgage than the balance of the previous mortgage on the house.
The difference between this new mortgage and the old one can then be withdrawn in cash.
This would attract a higher mortgage insurance premium because the value of debt has now increased because as earlier mentioned, the new mortgage will be larger than the previous one so to cater for this, the insurance premiums will rise.
Answer:
$150,000
Explanation:
$150,000
The failure to accrue warranty expense is an accounting error. It gives rise to a Prior period adjustment in the year of discovery (20x3).
Prior period adjustments are limited to corrections of errors affecting prior-year net income. They adjust the beginning balance of retained earnings in the year of correction.
The change in depreciation method is an estimate change, which is reported in earnings. It is not a Prior period adjustmen
Answer:
Correct option is (d)
Explanation:
Utility patent is granted to protect an innovation from being copied by others. Utility patent is granted to protect the functionality or usage of the product while design patent is granted to protect the way the product looks like its appearance or ornamentation.
Utility patent is granted for 20 years from the date the application is file with the US trade office while design patent is granted for 14 years from the date of invention.
Here, McDonald's invention is granted utility patent that protects the product for 20 years from the date application is filed with the US patent office.
Personal goal: A personal goal I have is to be and active citizen to my community. Help others, pick up trash.
High school Goal: My high school goal is to graduate, so I can get into and Ivy League school.
Financial goal: My goal is to have enough money for my college tuition.