Answer:
trademark
Explanation:
When the announcement was made about the iPhone 11's new Slofie (slow-motion selfie) capability, Apple also said it had applied for a US trademark on Slofie.
Note, a trademark is a legally issued right for a symbol, phrase, or word to be used to denote a specific product or service, thus it gives a right of ownership to the trademark applicant. Therefore, it limits direct competition from others.
Answer:
Trademark
Explanation:
A trademark is an intellectual property which consists of a particular design aimed at identifying a product as being from a particular source.
Once a trademark is established on a product other companies will be unable to use that technology nor design without purchasing rights to use the trademark.
Apple first introduced Solfie which is a name coined for slow motion selfie on their iPhone 11.
In order to avoid competition with Samsung, Google, and others they trademarked Slofie thereby preventing competitors from using similar technology
b. It shifts to the left
c. It does not change
Answer:b. It shifts to the left
Explanation:
The supply will increases as price increases and vice versa. When the price increases and supply also increases the supply curves shifts to the right and when the price decreases and supply equally decreases supply curves shifts to the left.
In the above scenario since bracelet and necklace are exclusive products the sellers will be willing to supply more of necklace since the price has increased and less of bracelet since the price has fallen and the fall in price which leads to fall in supply of bracelet will shift bracelet supply curves to the left.
Answer:
Total income= $16,440
Explanation:
Giving the following information:
Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour. He is eligible for welfare, and if he does not earn any income, he will receive $15,000 a year. If Bruce works, the government policy is to deduct 60 cents from his welfare stipend for every $1 that he earns in income. With this policy in place, if Bruce works 600 hours, his income will be.
Work= 600*6= 3,600
Welfare= 15,000 - (3600*0.60)= 12,840
Total income= $16,440
Answer and Explanation :
The presentation is shown below:
As per the data given in the question,
Assets = Liabilities + Equity Revenue - Expenditure = Net income Cash flow
Cash + Acc. Rev.
NA $94,850 NA $94,850 $94,850 NA $94,850 NA
$93,901.5 -$94,850 NA -$948.5 NA -$948.5 -$948.5 $93,901.5
We simply present the transactions on the financial statements
b. Quality problems occur.
c. Cycle time increases.
d. The direction of the workflow changes
How does the cost of learning change as the division of labor increases (having more workers, doing more narrowly defined tasks)?
a. It tends to decrease at first but eventually starts growing again.
b. It tends to increase at first but eventually starts decreasing.
c. It tends to decrease with the growing degree of division of labor.
d. It is unchanged by the division of labor.
Answer: b. Quality problem occurs
• c. It tends to decrease with the growing degree of division of labor
Explanation:
From the scenario on the question, the most likely thing to result is for quality problems to occur. Quality simply has to do with the extent to which a particular product satisfies already specified requirements.
Based on the scenarios such as the worker at the bottleneck station being replaced by another worker who works more slowly than the original worker, the quality will be affected.
Division of labor is when task are being delegated in a workplace so that efficiency can be improved. When there is a rise in the division of labor, learning is affected as there'll be a decrease as division of labor increases. This is because everyone has his or her role to play rather than learning more about other departments or roles, the worker will be typically focused on one role.
Answer:
Explanation:
The adjusting entries are shown below:
1. Inventory A/c Dr $386,100
To Accounts payable $386,100
(Being the purchase of inventory is made on credit and discount basis)
2. Accounts payable $386,100
To Cash A/c $386,100
(Being the amount is paid for cash)
The computation of inventory after applying the discount is shown below:
= Number of units purchased × price of each satellite uplink system × (100 - discount rate)
= 15 units × $26,000 × (100 - 1%)
= $386,100
VTC's purchase total was $390,000. They received a discount of $3,900 and paid a net amount of $386,100 on January 6, 2022. The inventory and payable accounts were debited and credited respectively on the purchase date, followed by clearing the payable account and crediting the cash account on the payment date.
The first step is to calculate the purchase cost of the satellites. The purchase total is 15 units at $26,000 each, which equals $390,000.
Next, compute the discount amount. The terms 1/10, and n/30 mean that if VTC pays the invoice within 10 days, they receive a 1% discount. Therefore, calculate 1% of $390,000 which is $3,900.
On January 6, 2022, VTC paid the net-of-discount amount. So, subtract the discount from the total to find out how much was paid. That means $390,000 - $3,900 = $386,100.
Now, let's prepare the necessary journal entries. On the purchase date, December 28, 2021:
On the payment date, January 6, 2022:
In this scenario, there's no need for an entry to account for Purchase Discounts as the amounts were already accounted for under the net method.
#SPJ12
Answer:
Net income = $8,318
Explanation:
Current asset
Cash 5,345
Accounts receivables 2,662
Prepaid expenses 725
Total 8,732
Fixed asset
Equipment 14,421
Less dep. 6,970
Balance. 7,451
Total 8,733 + 7,451 = 16,184
Current liabilities
Accounts payable 1,643
Notes payable. 5,223
Total. 6,866
Financed by
Common stock 1,000
Net Income. 8,318
Total 6,866 + 9,318 = 16,184