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Anni [7]
2 years ago
14

True or false the only reason to protect intellectual property is financial?​

Business
1 answer:
Tanzania [10]2 years ago
7 0

Answer:

false

Explanation:

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On January 10, Molly Amise uses her Lawton Co. credit card to purchase merchandise from Lawton Co. for $1,700. On February 10, M
AVprozaik [17]

Answer:

the journal entry are given below

Explanation:

given data

On January 10

purchase merchandise = $1,700

On February 10

amount due = $1,700

On February 12

Molly pays = $1,100

On March 10

amount due & interest = 1% per month

solution

Interest revenue to be recorded on March 10 that is calculated as

Unpaid balance as of February 12 = $1700 - $1100 = $600

and interest rate = 1% per month

so

Interest revenue = $600 × 1% = $6

so the journal entry are

date                          account title                                   debit            credit

January 10                account receivable                      $1700                                                           sales revenue                                                   $1700

February 12              cash                                               $1,100

                                 sales revenue                                                       $1100

March 10                   account receivable                      $6

                                 interest revenue                                                    $6

5 0
3 years ago
How are prices determined in a free market economy​
professor190 [17]
If it’s free then I don’t think they need to determine the price bc it’s free
5 0
2 years ago
For a natural monopoly to exist
vfiekz [6]

Answer:

The correct answer is A

Explanation:

Natural monopoly is the kind of monopoly which exists because of the high start up costs as well as the powerful economies of scale for conducting or performing a business in a particular industry.

And for this type of monopoly to exist , a firm or business need that the long run average cost curve will exhibit the economies of scale by the relevant range of the market demand.

3 0
3 years ago
Oriole Inc. reported total assets of $2407000 and net income of $324000 for the current year. Oriole determined that inventory w
swat32

Answer:

Total Asset $2,381,500

Net income $298,500

Explanation:

Overstated Inventory Leads to the overstatement of Total Assets value and Net Income. Ending Inventory Value is added in the total asset balance, overstatement in ending inventory causes overstatement in total assets.

The Ending Inventory is also used in the calculation of Cost of Goods sold. Overstated Inventory will cause understatement in Cost of Goods sold and overstatement in Net Income.

To rectify its effect we will deduct the overstated value of Inventory from Total Asset balance and Net Income value.

Total Asset = $2,407,000 - $25,500 = $2,381,500

Net Income = $324,000 - $25,500 = $298,500

4 0
3 years ago
The claim is that the proportion of peas with yellow pods is equal to 0.25 (or 25%). The sample statistics from one experiment i
kobusy [5.1K]

Answer:

2.361

Explanation:

Calculation to Find the value of the test statistic

Based on the given information let our:

p=0.25

x = 159

n = 540

Since our p is 0.25 the first step is to find q using this formula

q = 1 - p

Let plug in the formula

q = 1-0.25

q= 0.75

Second step is to find the psample using this formula

psample= x/n

Let plug in the formula

psample= 159/540

psample = 0.294

Last step is to find the value of the test statistic

Using this formula

z= (psample - p) / √(pq/n)

Let plug in the formula

z = (0.294 - 0.25) / √(0.25×0.75/540)

z=0.044/√(0.1875/540)

z=0.044/√(0.000347222222)

z=0.044/0.01863389

z=2.361

Therefore the value of the test statistic will be 2.361

5 0
3 years ago
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