Possibly that pay is too high?
Answer:
2019 Amortization =$1,540
2019 Book Value=$13,860
2019 Amortization =$2,440
2019 Book Value=$19,520
Explanation:
Computation for 2019 amortization, 12/31/19 book value, 2020 amortization, and 12/31/20 book value if the company amortizes the trade name over 10 years.
Calculation for 2019 Amortization (15,400 ÷ 10)
= 1,540
Calculation for Book Value of December 31, 2019
= 15,400 – 1,540
= 13,860
Calculation for 2020 Amortization will be:
(13,860 + legal fees 8,100) ÷ 9)
= 21,960÷9
= 2,440
Calculation for the Book Value of December 31, 2020
13,860 -2,440
=11,420
= 11,420+8,100
=$19,520
Answer:
b, guide project execution
Explanation:
The main purpose of project plans is to guide project execution from start to finish. Project plans are formal, approved documents that is put together that details the processes, steps, resources, etc that is needed to bring a project to life. Project plans is also useful for project control.
Cheers.