Use the Following to Answer Questions

question 55

Multiple Choice

Use the following to answer questions
The Ventura Company reported total stockholders' equity of $500,000 at December 31, 2010. In addition, there were 80,000 shares of common stock and zero shares of preferred stock outstanding for the entire year. During 2010, Ventura earned net income equal to $75,000, which included deductions of $7,000 for interest and $11,000 for income taxes. Total dividends paid to common stockholders during the year were $60,000. The company's statement of cash flows showed $56,000 in net cash inflows from operating activities, and its stock was selling for $17 per share on December 31, 2010.
-The dividend payout ratio was:

• A)65%
• B)70%
• C)75%
• D)80%

Identify the conditions under which intellectual property infringement occurs, including trademark infringement and dilution.

Grasp the legal outcomes of successful infringement suits, including recovery of profits.

Know the requirement of intent in trademark infringement suits.

Understand the concept of secondary meaning in trademark law.