What is the name of the treaty that allows American patents to be recognized and enforced in member countries?
a. The Paris Convention for the Protection of Industrial Property.
b. The International Treaty of Trademarks and Patents.
c. The World Agreement of London.
d. The Berne Convention.
a
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Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectively. Cash sales are normally 25% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compute the amount of cash received for September.
A. $202,500. B. $307,500. C. $102,500. D. $157,500. E. $150,000.
Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment required in equipment$30,000 Annual cash inflows $6,000per yearSalvage value of equipment$0 Life of the investment 15yearsRequired rate of return 10%The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment.The net present value of the investment is:
A. $45,636 B. $60,000 C. $24,000 D. $15,636
When do the effects of product warranties appear on the statement of cash flows?
A. When the warranty obligation is recognized. B. When the sale of merchandise is made. C. When there is a settlement of a warranty claim made by a customer. D. None of these answer choices are correct.
The auto accident claims business process for the national insurance company met RIM requirements in which of the following ways?
a. Retention schedules are established based upon legal and regulatory requirements. b. Metadata and classification is assigned when claim records are created. c. Exceptions to the retention schedules are made for legal holds and litigation. d. All of the above