A Patent Would Be Appropriate in All but Which One

question 21

Multiple Choice

A patent would be appropriate in all but which one of the following cases?

• A)The discovery of a medical use for moon rocks
• B)The invention of a miniature portable generator
• C)The discovery of a method of making soap from sand
• D)The invention of a fingernail-sized radio

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Definitions:

Quick Ratio

A liquidity indicator that measures a company's ability to cover its short-term obligations with its most liquid assets, excluding inventories.

Accounts Receivable

Accounts Receivable refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Accounts Payable

Short-term liabilities of a company for goods and services received from others but not yet paid for.

Du Pont Identity

A framework for analyzing a company's return on equity (ROE) by breaking it into three key components: profit margin, asset turnover, and financial leverage.