The Paris Convention guarantees that in signatory countries national treatment will be granted to foreign applications for:
a. trademarks.
b. copyrights.
c. patents.
d. Both a and c
d
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Solutions Services sells service plans for commercial computer maintenance. The price for each plan is $1,350 per year, paid in advance. On October 1, 2018, a service plan was sold to a new customer for cash, and the plan covers the period October 1, 2018 to September 30, 2019. Adjusting entries are made on December 31 of each year. Prepare the journal entry for September 30, 2019. Round to two decimal places. Omit explanation.
What will be an ideal response?
Benson Co. purchased land and paid the full purchase price in cash. Which of the following would be included in the journal entry necessary to record this event?
A. A debit to Land and a credit to Cash B. A debit to Land and a debit to Cash C. A credit to Land and a credit to Cash D. A debit to Cash and a credit to Land
Which of the following reasons best describes why a firm would use marketing metrics?
A. to determine how well a marketing strategy is performing B. to set marketing targets and goals C. to ascertain the effectiveness of different departments within the firm D. to decide what products are easiest to produce E. to understand customer satisfaction
Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 min. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. It is estimated that the cost of customer waiting time associated with dissatisfied customers and loss of goodwill is $12 per hour. The employee at the service booth is paid $8 an hour. Determine the average customer waiting time cost per day in the queue. Assume total hours of operation as 10 hr per day.
A. $599 B. $625 C. $500 D. $700