User Account

All Pages

Discuss intellectual property

Assignment Help Accounting Basics
Reference no: EM133247172

An angel investor that you pitched is considering offering your company (DevCo) a significant investment. If the consideration becomes more serious, there will be a due diligence process whereby the angel looks at DevCo's intellectual property and other assets. Taking the following facts into consideration, what should you do to fix any intellectual property problems before the due diligence process starts?

  • You started DevCo with two buddies five years ago.
    • Sam left DevCo in 2020, but still owns 20% of the shares.
    • Bai, you other buddy, is the CIO for DevCo. and owns 35% of the shares.
    • You are the CEO and own 45% of the shares.
    • The only agreement three of you have does not discuss intellectual property, just percentages of shares.
  • DevCo has ten employees. Two of them started at the very beginning and do not have written agreements.
    • DevCo pays one of those two directly.
    • The other is paid through a personal company called BSA Inc.
  • You worked on DevCo's technology, coding an early, very basic version of its software for a few months before starting DevCo.

Reference no: EM133247172

Questions Cloud

Mobile marketing is a growing area that is of particular : Mobile marketing is a growing area that is of particular interest to small businesses trying to reach local customers.
Relinquish the position in favor of mahina : 1.Professor Kevin Loching applied to teach accounting subjects at QCU. Thinking that Professor Loching is a Certified Public Accountant, the school accepted his
What are the core value of product : Assume that your task is to design an app for a smart devices like fridges, washing machines, vacuums, etc. Based of this information answer this question
Why individuals are attracted to organization : (i) What are the most important reasons why individuals are attracted to your organization? What are the most important challenges?
Discuss intellectual property : An angel investor that you pitched is considering offering your company (DevCo) a significant investment. If the consideration becomes more serious, there will
Treatment for physical injuries sustained : Maria and her friend Stephanie have recently embarked on a fitness journey which is made up of 3 days of gym, 2 days of running in their neighbourhood, as well
What information do you need in order to advise the sergeant : You are the Human Resources Manager for the Big City Police Department (a governmental employer). A Sergeant with the Department comes to you because she wants
Review the default provisions under the loan agreement : (1) Review the drive-through contingency in Section 29.29 of the Foozer's Grille lease and confirm the following: a. Does our use permit approving all of the dr
What claim might delaney make against former employer : Reginald Delaney managed a Taco Time restaurant in Portland, Oregon. Some of his customers told Mr. Ledbetter, the district manager, that they would not be eati

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the consolidated balance in the ending inventory

What is the consolidated balance in the ending Inventory account? What is consolidated net income for Placid Lake and its subsidiary

  Insurance premiums of 840 for salary continuation payments

rex age 45 is an officer of blue company which provides him with the following nondiscriminatory fringe benefits in

  Explain the temptations of cheating

Why do you think it is important to act ethically, to practice honesty, and not to give in to the temptations of cheating?

  What amount will swifty receive when it issues the bonds

The current market rate of interest for bonds of similar risk is 10%. What amount will Swifty receive when it issues the bonds

  Analyzing unearned revenue disclosures

The following disclosures are from the August 29, 2010, annual report of Costco Wholesale Corporation.

  Evaluating the global marketplace in the future

A balanced scorecard is used to align the business activities to the vision and strategy of the organization, improve internal and external communications.

  How much of the joint cost of each production run

Assuming that both products are sold at the split-off point, how much of the joint cost of each production run is allocated to Smooth Skin

  Complete the riversides contribution margin income statement

Complete the Riverside's contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside's original data.

  Prepare the journal entry to record depreciation expense

presented below is information related to equipment owned by pujols company at december 31 2012.cost9000000accumulated

  What have learned relative to ethics and financial reporting

Consider what you have learned relative to ethics and financial reporting. What is rationale for calculations/process used to estimate uncollectible allowance

  Compute the cost of products transferred from production

Tarick Toys Company manufactures video game consoles and accounts for product costs using process costing. The following information is available regarding.

  What entry would greg make

suppose greg groovy tunes' inventory account showed a balance of 10000 before the year end adjustements. the physical count of goods on hand totaled 9700. to adjust the accounts, what entry would greg make?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd