Price company from time to time embarks on a research program when a special project seems to offer possibilities. in 2016, the company expends $325,000 on a research project, but by the end of 2016 it is impossible to determine whether any benefit will be derived from it. the project is completed in 2017, and a successful patent is obtained. the r& d costs to complete the project are $110,000. the administrative and legal expenses incurred in obtaining patent number 472-1001-84 in 2017 total $16,000. the patent has an expected useful life of 5 years. record these costs in journal entry form. also, record patent amortization (full year) in 2017.
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Business, 23.06.2019 00:40
An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.
Answers: 3
Business, 23.06.2019 04:00
The servers at gerry frasier's busy ice cream shop decided that putting more ice cream in the sundaes and cones would bring back more customers. after three months, gerry was surprised to discover that his profit had
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Business, 23.06.2019 09:00
In command economy, who makes production decisions? a. workers b. producers c. consumers d. the government
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Business, 23.06.2019 10:40
what is your question? 1 high schoolbusiness 5 points imagine that you have won $100 in the state lottery. you have a choice between spending the money on shopping now or putting it away in a savings account for one year. you decide to spend the money now on shopping. thus, you will lose the interest that you could have earned by saving the money. the lost interest is cost of spending money now.
Answers: 3
Price company from time to time embarks on a research program when a special project seems to offer...
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