The internet phone company Vonage Holdings faced two separate patent infringement lawsuits initiated by Verizon and Sprint
Question:
REQUIRED:
a. What is a patent, and how is it accounted for on Verizon’s and Sprint Nextel’s financial statements?
b. Where might a financial statement user find evidence of the suit on Vonage’s financial statements, how might it account for this suit, and how might Vonage’s external auditors react to this situation?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
a A patent gives the holder the exclusive rights to use an idea or a technology a...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
What is an auxiliary enterprise? How is it accounted for and reported by colleges and universities?
-
What is an overhead variance? How is it accounted for typically?
-
What is an overhead variance? How is it accounted for typically?
-
Shoppers enter Hamilton Place Mall at an average of 120 per hour. What is the probability that at least 35 shoppers will enter the mall between 5:00 and 5:10 pm?
-
Presented below are the CVP income statements for Finch Company and Sparrow Company. They are in the same industry, with the same operating incomes, but different cost structures....
-
Verify each identity using the definitions of the hyperbolic functions. tanh(-x) = -tanh x
-
List the four principles that underpin the SEC's auditor independence rules.
-
1. What are some advantages of a person-focused pay system at Mitron? 2. What are some disadvantages? 3. What approach would you recommend for Holly to take in designing a person-focused pay system?...
-
Examine the role of process intensification in developing sustainable and environmentally friendly processes, considering the potential for using renewable feedstocks, reducing waste and emissions,...
-
Lucile Bluth has been asked by the Board of Directors to provide a brief presentation at the upcoming meeting to identify the root cause of project G.O.B's challenges as well as identify a feasible...
-
General Motors once posted net income of $552 million, compared with a loss of $112.9 million a year earlier. Over $200 million of the profit was due to an accounting adjustment in its North American...
-
The 2008 IFRS-based balance sheet published by Volkswagen AG, a well-known German automaker, listed an account called provisions (divided into current and non-current categories) with a total balance...
-
You have been asked to assess whether Walgreen, a drugstore chain, is correctly priced relative to its competitors in the drugstore industry. The following are the price/sales ratios, profit margins,...
-
reply to this: hoose a king from the Divided Kingdom era that the Kings and Chronicles account both mention and write a thread. Provide a brief synopsis of the king's rule, then analyze how the...
-
The checks-and-balances approach, applied to choosing strategies for achieving goals, poses questions such as "What are the costs and benefits of choosing this strategy and how...
-
Select whether each characteristic is an advantage or disadvantage of issuing stock, from the standpoint of the issuing company. 1. Dividends multiple choice 1 advantage disadvantage 2. Future buy...
-
Accountant 18 is the manager in charge of the tax dept. He says: the firm likes my work, andhas invited me to become a partner in the cpa firm. But I am not a cpa I am an attorney. CanI still become...
-
Planarians have a head. In biological terms, what constitutes a head? How does it relate to objectives 1, 4, and 6? The cuticle of Ascaris is flaky and tough. Consider objective 1 listed at the...
-
Paradise Gardens Hire Ltds income statement is presented below. During the year, directors declared and paid a dividend of $16 000. Required Prepare the necessary general journal entries to close the...
-
Sandcastles, Inc.s management has recently been looking at a proposal to purchase a new brick molding machine. With the new machine, the company would not have to buy bricks. The estimated useful...
-
In Problems 4150, graph each inequality subject to the nonnegative restrictions. 15x - 50y < 1,500, x = 0, y 0
-
In a recent newspaper release, the president of Keene Company asserted that something has to be done about depreciation. The president said, Depreciation does not come close to accumulating the cash...
-
Robert is studying for the next accounting examination. He asks your help on two questions: (a) What is salvage value ? (b) Is salvage value used in determining periodic depreciation under each...
-
Robert is studying for the next accounting examination. He asks your help on two questions: (a) What is salvage value ? (b) Is salvage value used in determining periodic depreciation under each...
-
You purchased 10 ASD June 45 puts and the company declares a 10% stock dividend. How are the terms of the option contract then changed?
-
Shawn Inc. proposed to install one Robotic Machine for his new project, an initial investment of CANVAS Technology will be $520,000 and the Robotic will be expected to generate net cash flows of at...
-
You anticipate the receipt of money in 200 days, which you will use to purchase stocks in a particular company. The stock is currently selling for $51 and will pay a $0.5 dividend in 50 days and...
Study smarter with the SolutionInn App