A company's trade secret lasts for
A) 20 years after the application is filed
B) 70 years after the death of the creator.
C) 10 years, but it can be renewed for an unlimited number of terms as long as it is used.
D) as long as it is kept confidential.
D
You might also like to view...
Answer the following statements true (T) or false (F)
1. An appropriate strategy for most negative messages is the indirect one. 2. With the indirect strategy, the message begins with a buffer. 3. Negative news should be stated in the middle of the body paragraph of an indirect message. 4. Although a claim letter deals with something negative, it should be written directly.
Warren Supply Inc. is evaluating its capital budget. The company finances with debt and common equity, but because of market conditions, wants to avoid issuing any new common stock during the coming year. It is forecasting an EPS of $3.00 for the coming year on its 500,000 outstanding shares of stock. Its capital budget is forecasted at $800,000, and it is committed to maintaining a $2.00 dividend per share. Given these constraints, what percentage of the capital budget must be financed with debt?
A. 30.54% B. 32.15% C. 33.84% D. 35.63% E. 37.50%
You are negotiating to make a 7-year loan of $37,500 to Breck Inc. To repay you, Breck will pay $2,500 at the end of Year 1, $5,000 at the end of Year 2, and $7,500 at the end of Year 3, plus a fixed but currently unspecified cash flow, X, at the end of each year from Year 4 through Year 7. Breck is essentially riskless, so you are confident the payments will be made. You regard 8% as an appropriate rate of return on a low risk but illiquid 7-year loan. What cash flow must the investment provide at the end of each of the final 4 years, that is, what is X?
A. $9,487.32 B. $8,348.84 C. $9,012.95 D. $9,202.70 E. $7,684.73
Which of the following is not an advantage of budgeting?
A. Provides advance notice of potential shortages, bottlenecks, or other weaknesses in operating plans B. Provides a way to evaluate performance C. Forces coordination among departments to promote decisions in the best interests of the company as a whole D. Provides assurance that accounting records are in accordance with generally accepted accounting principles