Apex Enterprises wants the right to buy a foreign currency at a specified price at any time up to a specified date. Apex most likely needs a ________

________ confer the exclusive right to manufacture, use, and sell products or processes

A) Patents B) Trademarks C) Trade secrets D) Copyrights

Sona is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 Sona is planning to invest $50 million in CAPEX and forecasted depreciation is $16 million

What is the Net Property, Plant and Equipment balance in Year 2? Selected Financial Information Sona Inc ($ millions) Year 1 Year 2 PP&E $150 Depreciation 20 16 CAPEX 30 50 A) $184 B) $194 C) $203 D) $209 E) $211