Answer:
The eBay website provides a platform for the small business to grow and do business using their sites.
Explanation:
eBay is a multinational e-commerce company situated on California. The company sells goods and items that is registered on its site.
Recently eBay, the e-commerce giant has pledge a 100 million dollar to support and help the small business of America. For this eBay is :
- eBay is providing the new businesses in America a free of cost basic eBay store for a period of three months.
- It is waiving off the fees for selling products for up to 500 sold products on eBay websites.
- It will provide marketing as well as the merchandising tools, the discounted shipping supplies and the customization features so that the businesses can help build their brands.
Answer:
$577 Unfavorable
Explanation:
The calculation of spending variance for dye costs is shown below:-
Spending variance for dye cost = (Standard rate - Actual variable) × Actual units
= ($0.67 - $13,910 ÷ 19,900) × 19,900
= (0.67 - 0.69899) × 19,900
= $577 Unfavorable
Therefore for computing the spending variance for dye costs we simply applied the above formula.
Answer:
1. Protection to trade secrets and patents:
a. Trade secrets are protected indefinitely. Generally, patents are granted for a maximum of 20 years.
b. The owner of a trade secret does not need to pay annual fee to defend the secret. A patent holder is required to pay an annual fee, in order to make the patent enforceable.
2. Important defense for defendants in trade secret cases that is not available to patent infringement defendants:
The defendant in a trade secret case will cite that the secret is still commercially valuable. But a patent holder cannot cite this because the patent is granted for a maximum of 20 years to stop stifling innovation.
Explanation:
Both trade secrets and patents are intellectual property rights which confer on their owners the exclusive use of their intellectual property. The major differences are in the duration and the defense of the rights. Patents, unlike trade secrets, do not last forever. Patents, again unlike trade secrets, must be defended periodically through the payment of fees.
Answer:
Additional money, the firm have 4 years from now if it can earn 5 percent rather than 4 percent on its savings will be $3,423.
Explanation:
Principal Amount = P = $75,000
Number of year = n = 4 years
If rate of return is 4%
A = P ( 1 + r )^n
A = $75,000 ( 1 + 0.04 )^4
A = $75,000 x 1.16986
A = $87,740
If rate of return is 5%
A = P ( 1 + r )^n
A = $75,000 ( 1 + 0.05 )^4
A = $75,000 x 1.21551
A = $91,163
Additional Amount Earned = $91,163 - $87,740 = $3,423
Answer:
The company report as loss on discontinued operations in its 2021 income statement is $1,990,000
Explanation:
The computation of the loss on discontinued operations is shown below:
= Division loss from operations
= $1,990,000
As no impairment loss is there because there is a gain as fair value is more than the book value.
For calculating the loss on discontinued operations, the gain should not be considered. So, only Division loss from operations is relevant and hence taken in the computation part
The gain would be
= $3,630,000 - $3,000,000
= $630,000
