Gas Up, Inc, designs, makes, and sells a fuel injection system that copies Hybrid Corporation's design without Hybrid's permission. This is most likely
a. copyright infringement.
b. patent infringement.
c. trademark infringement.
d. a theft of trade secrets.
b
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On January 1, Vermont Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $20.00 per share. On February 1, Vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on March 1. The journal entry to record the purchase of the treasury shares on
February 1, would include a a. credit to Treasury Stock for $90,000 b. debit to Treasury Stock for $90,000 c. debit to a loss account for $112,500 d. credit to a gain account for $112,500
The difference between political risks and economic risks is that
A. political risks stem from hostility to foreign currencies, while economic risks stem from the instability of the monetary system. B. political risks stem from stability in foreign business, while economic risks stem from an excess of property right protections. C. political risks stem from the stability of a country's monetary system, while economic risks stem from instability in national business. D. political risks stem from instability or weakness in national governments, while economic risks stem from the stability of a country's monetary system, and its economic and regulatory policies. E. political risks stem from exchange rate fluctuations, while economic risks stem from hostility to foreign business.
Dividing the inventory on hand by the average daily usage or sales is the calculation for
A. inventory supply. B. inventory turns. C. days of supply. D. stockout. E. days of stock.
A production cost report aids in preparing an income statement by providing data for ________
A) period costs incurred during the period B) various inventory accounts C) cost of goods sold during the period D) revenues generated during the period