If one party to a lawsuit requests the production of documents that would expose a trade secret, the party against whom the request is made may:
a. request the trial be held in closed session
b. not prevent exposure of the trade secret since the evidence is key to proceedings c. seek an injunction against the suit proceeding further
d. obtain a court order that plaintiff pay the value of the secret if it is revealed e. none of the other choices
e
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For bonds, nominal rate is another term for contract rate
Indicate whether the statement is true or false
The Oberon Company purchased a delivery truck for $95,000 on January 2. The truck was estimated to have a $3,000 salvage value and a 4 year life. The truck was depreciated using the straight-line method. At the beginning of the third year, it was determined the truck's total useful life would be 6 years rather than 4, and the salvage at the end of the 6th year would be $1,500. Determine the depreciation expense for the truck for the 6 years of its life. YearDepreciation expense1?2?3?4?5?6?
What will be an ideal response?
The inventory turnover of Long Corporation is 16×, and its closing inventory is $20,000. Assuming there are 360 days in a year, compute the company's inventory conversion period. (Give answer to one decimal place.)
A. 22.5 days B. 24.2 days C. 3.5 days D. 42.8 days E. 55.5 days
Which of the following is a true statement regarding the effect of a stock split and stock dividend on total assets or liabilities?
A) Both a stock split and a stock dividend will decrease total assets. B) Both a stock split and a stock dividend will increase total liabilities. C) A stock split will increase total assets, but a stock dividend will not. D) Neither a stock split nor a stock dividend will affect total assets or total liabilities.