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Stels [109]
2 years ago
5

On the statement of cash flows using the indirect method, patent amortization expense will?

Business
1 answer:
erastova [34]2 years ago
4 0

On the statement of cash flows using the indirect method, patent amortization expense will be added to net income in the operating section.

   Businesses can spread out the expense of patents (intangible property) over time by using the patent amortization approach. The method used to calculate the straight-line depreciation of other intangible property and the patent amortization are relatively comparable. To safeguard their inventions, small businesses get patents. Corporations are required to secure patents from other businesses for current developments, but they must go through the federal government for new ones. The price a corporation paid to get a current patent is its cost. The price of a patent for a new invention includes the registration, legal, and administrative fees. Although a patent has a 17-year legal lifespan, corporations amortize it over the course of that time.

To learn more about patent amortization click here:

brainly.com/question/23160357

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3 years ago
________ refers to searching for information that is not immediately evident and sorting through that information to interpret w
igomit [66]

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C) Environmental scanning

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