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2 years ago

Examine the scenarios to determine the protected status, unprotected status, existence, or non-existence of a trade secret.

Business

1 answer:

DedPeter [7]2 years ago

6 0

Answer:

Protected status

Explanation:

In simple words, the trade secret is said to be protected when it has an economic value to the founding company or the company handling it and anyone who is exposed to the information regarding that is legally bound to not to disclose it.

Thus, from the above we can conclude that the given scenario indicates protected status.

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A newly created design business called Smart Art is just finishing up its first year of operations. During the year, there were

vladimir2022 [97]

Answer:

Bad debts expenses shall be $ 850

Explanation:

The balance in the bad debts expense account shall be the aggregate of the amounts written off and the estimated uncollectible accounts based on ageing at the year end.

Amount written off during the year $ 650

Estimated uncollectible account provided at year end <u>$ 200</u>

Total Bad Debts expenses $ 850

4 0

2 years ago

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For each of the following separate transactions,

Softa [21]

Answer: The answer is provided below

Explanation:

a. The reconstructed journal entry has been prepared and attached.

b. The following are the effects it has on the investing section or the financing section of the statement of cash flows.

The first transaction will lead to a cash inflow of $8,000 from the investing activities.

The second transaction is non-cash transaction therefore, it will not be reported in either the financing or the investing activities.

The third transaction will lead to a cash inflow of $2,000 from the financing activities.

The fourth transaction will lead to a cash outflow from the financing activities.

Thw diagram has been attached.

3 0

2 years ago

Can someone help me please

horsena [70]

true because the corporation has more money to spend

4 0

2 years ago

A closed economy has income of $1,000, government spending of $200, taxes of $150, and investment of $250. What is private savin

skad [1K]

Answer: c. $300

Explanation:

Private Saving is income less taxes and consumption so is calculated by the formula;

= Y - C - T

= Income - Consumption - Taxes

Find Consumption

Y - C - G = I

Income - Consumption - Government spending = Investment

1,000 - C - 200 = 250

C = 1,000 - 200 - 250

C = $550

Private Saving is therefore;

= 1,000 - 550 - 150

= $300

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2 years ago

Jessica is a violinist who believes she can extend her method of learning music to early childhood education. She opens a presch

Romashka-Z-Leto [24]

This is an example of entrepreneurship!<span />

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2 years ago

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