Which of the following qualities does an invention not need to have in order to be patented?
A) Ingenuity
B) Utility
C) Novelty
D) Complexity
E) It requires all of the above
D
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Explain the positive and negative effects of both converging and diverging.
What will be an ideal response?
Which of the following statements best describes the effects of recognizing revenue earned by a business entity?
a. Assets increase only when cash sales are made. b. Stockholders' equity increases only when credit sales are made. c. Assets and stockholders' equity increase when either cash or credit sales are made. d. Assets increase, but stockholders' equity decreases, when either cash or credit sales are made.
Managing a project and leading a project are two different things. Project leadership is about coping with
A. Designing structures and procedures. B. Formulating plans and objectives. C. Monitoring results against plans. D. Change. E. Taking corrective action when necessary.
Tomkin Library System issues $5 million in bonds on January 1, 2021 that pay interest semi-annually on June 30 and December 31. A portion of the bond amortization schedule appears below:DateCash PaidInterest ExpenseDecrease in Carrying ValueCarrying Value01/01/2021 $5,500,000 06/30/2021$250,000 $220,000 $30,000 5,470,000 12/31/2021 250,000 218,800 31,200 5,438,800 What is the total cash paid for interest assuming the bonds mature in 7 years?
A. $5,000,000. B. $8,500,000. C. $5,500,000. D. $3,500,000.