Andrew Designed a License Plate Holder for Automobiles That Makes

question 2

Essay

Andrew designed a license plate holder for automobiles that makes theft of the license plate practically impossible.He has limited income and feels that he needs to protect his patent in numerous countries so he can sell his product there later on.Explain how Andrew can accomplish this.

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Definitions:

Cash Flow Approach

A financial analysis method that focuses on the company's cash inflows and outflows, rather than its net income.

Market-To-Book Ratio

A financial ratio used to compare a company's current market price to its book value, providing insight into the value the market places on a company’s equity.

Return On Equity

A financial ratio that measures the profitability of a corporation in relation to stockholders' equity, indicating how well the company uses investments to generate earnings growth.

ROCE

Return on Capital Employed; a financial ratio that measures a company's profitability and the efficiency with which its capital is used.