Because a darft makes yourself a good idea about what you are even talking.
Answer:
A) Increase Decrease
Explanation:
As we know that
Mixed cost is the combination of both fixed cost and the variable cost
Mixed costs are costs in which one component of cost is Fixed and the other component is variable
In equation form,
Mixed cost = Fixed cost + variable cost
In the case of variable cost, the per unit would remain the same and it increased when production increases
But the fixed cost amount would remain the same but if the production rises the per unit declines
Similarly, Fixed costs remain the same in Total and decreases per unit with increase in production
Therefore option A is correct
Answer:
The US income will be $12,201 and South Korea's income will be $21,911. US income will grow by multiple of 1.2 while South Korea's GDP will grow by multiples of 2.19.
Explanation:
Initial income of both the countries is $10,000.
Growth rate of South Korea is 4%.
Growth rate of US is 1%.
In 20 years, South Korea's income will be,
=Initial income*
=$10,000*
=$10,000*2.1911
=$21,911
Similarly, we can find US income.
=Initial income*
=$10,000*
=$10,000*1.2201
=$12,201
So, South Korea's income is $21,911 while US's income is $12,201.
South Korea's income grows by the multiples of 2.1911. While, US's income grows by the multiples of 1.2201
Answer:
1. Amortization Expense; Patents.
2. Copyright.
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
I. Trademarks.
II. Patents.
III. Copyright.
Copyright law can be defined as a set of formal rules granted by a government to protect an intellectual property by giving the owner an exclusive right to use while preventing any unauthorized access, use or duplication by others.
Filling the missing words or texts in the question, we have;
1. The entry to record the amortization of a patent would include a debit to amortization expense and a credit to patents. Amortization in financial accounting is used to periodically lower the book value of a loan principal or an intangible asset such as intellectual property over a set period of time.
2. Copyright: the exclusive right to publish and sell a literary, artistic, or musical composition is granted by a patent.
Answer:
Conduct a one-time thorough market analysis on all wireless devices so that IPT and management have a complete understanding of the intricacies related to the wireless market.
Explanation:
A market research of this nature and gravity requires a careful and in depth market analysis of the product in question. It needs to be thorough and the usually adopted 7 - step market analysis protocaloncouls be taken which involves research purpose identification and planning, well ouined objective of the research. Then we can start the design plan to be adopted, sample selection which fits tbe aim and objective of the research on kyher to produce good outputs, data collection follows and finally analysis of gathered data, refinement and the conclusion is drawn and the compilation of report for presentation to management and IPT.