Answer:
The answer is below
Explanation:
Patent is a term that describes a governmental grant or legal right to inventors of an intellectual property, to refrain or stop others from making, using, selling or importing their invention to and from other country.
Patent system is useful and beneficial because of the following reasons:
1. It allows an inventor the right to stop others from copying, manufacturing, selling or importing individual's invention without the person's permission. This will surely encourage invention from other people, which will lead to more technological advancement in the country.
2. It gives an inventor protection for a pre-determined period. This helps to refrain competitors from competing with the inventor, and in turn, leads to profit maximization for the inventor.
3. It also allows the inventor to license patent for others to use it or can sell. This can be considered as a great source of revenue for inventor's business, by collecting royalties from a patent they have licensed, often in a combination with a registered design and trade mark.
Answer:
decrease ending inventory on the balance sheet.
Explanation:
A write down is defined as the process of reducing the value of an asset in a business's books as a result of economic or fundamental changes in the asset.
Write down is done when a firm readjust their balance sheet usually in quarterly reports. It is the opposite of write up.
Abel company is writing down by $30,000 to a realisable value of $450,000. This will be represented in the balance sheet as a decrease in ending inventory. So as to reflect the new value of $450,000.
Answer: b. Treasury Notes
Explanation:
The question is a bit confusing to answer unless a mistake has been made in it.
Treasury Notes are Federal obligations that mature between 2 - 10 years so would be the correct answer for this question as this would include bonds in excess of five years till the 10th year.
Treasury Bonds on the other hand mature after 10 years.
If there is a mistake in the question and you instead meant to write 10 years instead of 5, the answer would be Treasury Bonds.
If not, the answer is Treasury Notes.
Answer:
$54,508.98
Explanation:
Formula of present value of growing annuity: PVGA = A*[(1 - (1+g)^n/(1+i)^n)) / (i-g)
$250,000 = A*[(1 - (1+0.06)^5/(1+0.07)^5)] / (0.07 - 0.06)
$250,000*(0.01) = A*(1 - (1.06)^5/(1.07)^5)
$250,000*(0.01) = A*(1 - 0.9541363)
$2500 = A * 0.045864
A = $2,500 / 0.045864
A = 54508.983080412
A = $54,508.98
So, the amount of the first annual payment i will receive $54,508.98.
Answer:
Sound waves travel into the ear canal until they reach the eardrum. The eardrum passes the vibrations through the middle ear bones or ossicles into the inner ear. The inner ear is shaped like a snail and is also called the cochlea.
