Trade secrets can be protected for: 

A. an unlimited period of time.
B. 20 years according to federal law.
C. 50 years if renewed to the maximum allowed, five 10-year renewable terms.
D. 14 years according to state law.


Answer: A

Business

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Mullis Company sold merchandise on account to a customer for $625, terms n/30. The journal entry to record the collection on account would be:

A. Debit Cash of $625 and credit Sales $625. B. Debit Cash of $625 and credit Accounts Receivable $625. C. Debit Accounts Receivable $625 and credit Sales $625. D. Debit Sales $625 and credit Accounts Receivable $625. E. Debit Accounts Receivable $625 and credit Cash $625.

Business

The ____________________ ratio is computed by dividing dividends by net income

Fill in the blank(s) with correct word

Business

Face-to-face meetings are appropriate when issues are especially sensitive

Indicate whether the statement is true or false

Business

Using value analysis to identify total costs from a supply chain-environmental perspective is known as ________.

Fill in the blank(s) with the appropriate word(s).

Business