Currently, the Unites States awards patent privileges based on a ________ system.

A. first-to-use
B. first-to-file
C. first-to-contemplate
D. first-to-invent


Answer: B

Business

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Explain the tactic of product line pricing and provide three examples of this strategy in the marketplace today.

What will be an ideal response?

Business

What is the likelihood that the commute will take 30 minutes or longer?

Horatio Oscar Vineeth Lane (HOV Lane for short) records his commute times for a period of one month and assigned them to five different categories as shown in the table. Commute Length Number of Observations commute time <10 minutes 1 10 ? commute time < 20 minutes 2 20 ? commute time < 30 minutes 4 30 ? commute time < 40 minutes 9 40 ? commute time < 50 minutes 4

Business

Bryans Corporation has provided the following data for its two most recent years of operation:   Selling price per unit$53Manufacturing costs:  Variable manufacturing cost per unit produced:  Direct materials$13Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$63,000 Selling and administrative expenses:  Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$71,000 Year 1 Year 2Units in beginning inventory0 3,000Units produced during the year9,000 7,000Units sold during the year6,000 7,000Units in ending inventory3,000 3,000The net operating income (loss) under absorption costing in Year 1 is closest to:

A. $132,000 B. $108,000 C. $37,000 D. $16,000

Business

In general, with an amortized loan, the payment amount remains constant over the life of the loan, both the principal portion of and the interest portion declines over the life of the loan

Indicate whether the statement is true or false

Business