Answer:
The correct answer is letter "A": Expensed in the period incurred.
Explanation:
Research and Development (R&D) costs are spent on the development of new products that could or could not end up being commercially offered. These kinds of costs are usually expensed at the same time they are incurred. According to the U.S. Statement of Financial Accounting Standards, the R&D costs cannot be capitalized.
Answer:
The perpetuity payment per year was $2030
Explanation:
A perpetuity is a series of cash flows that are constant, occur after equal intervals of time and are for infinite period of time or are perpetual. Thus, it is like and annuity but with an infinite time period. The formula for the present value of of perpetuity is,
PV of Perpetuity = Cash Flow / r
Where,
- r is the required rate of return
As we already know the present value of perpetuity and the required rate of return, we can input these values in the formula to calculate the annual perpetuity payment or cash flow.
29000 = Cash Flow / 0.07
29000 * 0.07 = Cash Flow
Cash Flow = $2030
Answer:
C. framing effects
Explanation:
Based on the information provided within the question it can be said that the behavioral economists would say that Josh's decision is affected by framing effects. This term refers to a cognitive bias where people tend to base their choices of different options based on the positive or negative connotations presented. Which is what Josh is doing by basing his decision on who else is having desert.
Answer:
Construction companies ask if their team can provide managed IT services to handle the operation of the software and all of the company's other IT needs related to other software and hardware.
Explanation:
Information systems provide the communication and analytical power that many companies require to conduct business and manage business on a global scale. It is a set of interrelated components that allow information to be captured, processed, stored and distributed to support decision-making and control of an institution.
