1. A patent is a productive asset for a technology-based firm.
True False ************************
2. Capital assets are generally short term in nature
. A True B False ************************
3. The dollar difference between current assets and total liabilities is called working capital.
True False ************************
Solution
1./
A PRODUCTIVE ASSET IS AN ASSET WHICH IS GENARALLY USED IN PRODUCTION OR IS RESPONSIBLE FOR PRODUCTION, SO IN A TECHONOLOGY BASED FIRM THE MAIN ASSET RESPONSIBLE FOR PRODUCTION IS THE PATENT.
SO ANSWER TRUE
2./
CAPITAL ASSETS ARE THOSE WHICH ARE BEING USED IN THE COMPANY FOR A LONG PERIOD OF TIME, IN THE OTHER SENSE THE BENIFIT OF A CAPITAL ASSET CAN BE REALISED IN LONG TERM.
SO ANSWER FALSE
3./
THE DOLLAR DIFFERENCE BETWEEN CURRENT ASSET AND CURRENT LIBALITY IS THE VALUE OF WORKINK CAPITAL. [WORKING CAPITAL = CURRENT ASSET - CURRENT LIBALITY]
SO ANSWER TRUE
.
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
1- A patent is a productive asset for a technology-based firm- True Fa.docx
1. 1. A patent is a productive asset for a technology-based firm.
True False ************************
2. Capital assets are generally short term in nature
. A True B False ************************
3. The dollar difference between current assets and total liabilities is called working capital.
True False ************************
Solution
1./
A PRODUCTIVE ASSET IS AN ASSET WHICH IS GENARALLY USED IN PRODUCTION
OR IS RESPONSIBLE FOR PRODUCTION, SO IN A TECHONOLOGY BASED FIRM THE
MAIN ASSET RESPONSIBLE FOR PRODUCTION IS THE PATENT.
SO ANSWER TRUE
2./
CAPITAL ASSETS ARE THOSE WHICH ARE BEING USED IN THE COMPANY FOR A
LONG PERIOD OF TIME, IN THE OTHER SENSE THE BENIFIT OF A CAPITAL ASSET
CAN BE REALISED IN LONG TERM.
SO ANSWER FALSE
3./
THE DOLLAR DIFFERENCE BETWEEN CURRENT ASSET AND CURRENT LIBALITY
IS THE VALUE OF WORKINK CAPITAL. [WORKING CAPITAL = CURRENT ASSET -
CURRENT LIBALITY]
![1. A patent is a productive asset for a technology-based firm.
True False ************************
2. Capital assets are generally short term in nature
. A True B False ************************
3. The dollar difference between current assets and total liabilities is called working capital.
True False ************************
Solution
1./
A PRODUCTIVE ASSET IS AN ASSET WHICH IS GENARALLY USED IN PRODUCTION
OR IS RESPONSIBLE FOR PRODUCTION, SO IN A TECHONOLOGY BASED FIRM THE
MAIN ASSET RESPONSIBLE FOR PRODUCTION IS THE PATENT.
SO ANSWER TRUE
2./
CAPITAL ASSETS ARE THOSE WHICH ARE BEING USED IN THE COMPANY FOR A
LONG PERIOD OF TIME, IN THE OTHER SENSE THE BENIFIT OF A CAPITAL ASSET
CAN BE REALISED IN LONG TERM.
SO ANSWER FALSE
3./
THE DOLLAR DIFFERENCE BETWEEN CURRENT ASSET AND CURRENT LIBALITY
IS THE VALUE OF WORKINK CAPITAL. [WORKING CAPITAL = CURRENT ASSET -
CURRENT LIBALITY]](https://image.slidesharecdn.com/1-apatentisaproductiveassetforatechnology-basedfirm-truefa-230131010744-c95ee1db/85/1-A-patent-is-a-productive-asset-for-a-technology-based-firm-True-Fa-docx-1-320.jpg)
