A ________ is a patent that protects the functionality of an invention.
A. machinery patent
B. mechanical patent
C. utility patent
D. design patent
Answer: C
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Subgroups within the larger, or national, culture with unique values, ideas, and attitudes are referred to as
A. social classes. B. normative groups. C. reference groups. D. subcultures. E. families.
Which of the following accounts would appear in a balance sheet of a manufacturing company?
a. cost of goods sold, finished goods and work in process b. cost of goods sold, cost of goods manufactured and gross margin c. raw materials, work in process and cost of goods sold d. raw materials, work in process and finished goods e. None of these accounts would appear on a balance sheet.
Coats Corp. generates $10,000,000 in sales. Its variable costs equal 85.00% of sales and its fixed costs are $500,000. Therefore, the company's operating income (EBIT) equals $1,000,000. The company estimates that if its sales were to increase 9.5%, its net income and EPS would increase 17.50%. What is the company's interest expense? Donotroundintermediatecalculations.
A. $193,143 B. $176,429 C. $185,714 D. $202,429 E. $163,429
The cash payment of interest is classified as a financing activity on the statement of cash flows.
Answer the following statement true (T) or false (F)