Answer:
preventing monopolization and/or conspiracy in the restraint of trade.
Explanation:
The Sherman Antitrust Act of 1890 was the first federal law that prohibited monopolistic practices. State legislatures had already passed some state laws that prohibited monopolies but since most monopolies engaged in interstate trade, they weren't affected by them, e.g. railroads, steel factories, etc.
This law was passed in order to address the issue from a national level and include monopolies that engaged in interstate trade.
Answer:
$8,400
Explanation:
Calculation for what is the amortization expense for the year ended December 31, 2022
Using this formula
Amortization expense=Patents/Expected useful life
Let plug in the formula
Amortization expense=$42,000 / 5 years
Amortization expense = $8,400
Therefore the amortization expense for the year ended December 31, 2022 will be $8,400
Answer:
The double-declining depreciation method.
Explanation:
The double-declining is an accelerated asset depreciation method. The method seeks to recognize most of an asset depreciation in its first years of existence. It is referred to as double-declining because it uses twice the depreciation rate of the straight-line method.
The double-declining method is suitable for assets that are consumed at a high rate during the initial stages of their useful life. Organizations that prefer to incur more expenses on an asset earlier and enjoy profits later, or those wishing to defer taxes, can also use this method.
<span>She can expect a linear growth (slow but steady) in her investment. Michelle's interest in a simple interest investment is the amount she accrued on deposits with a certain interest rate. It is based on the original sum of money known as the "principal" which she invested. When someone make a payment on a simple interest loan, the payment goes through that month's interest, and the remainder goes toward the principal. Each month's interest is paid in full so it never accrues-- compounding doesn't occur. There is a big difference in the amount of interest payable on a loan if interest is calculated on a compound rather than on a simple basis which is what simple interest entails and this is why simple interest doesn't accrue as much as compounding your interest since the Interest is calculated only on the principal amount.</span>
Answer:
14.7%
Explanation:
The computation of return on investment is shown below:
Return on Investment = Net Income ÷ Average total assets × 100
where,
Net Income is
= Sales - Cost of goods sold - Operating expense
= $4,525,000 - $2,550,000 - $1,372,000
= $603,000
And,
Average total assets = $4,100,000
So,
Return on Investment is
= $603,000 ÷ $4,100,000 × 100
= 14.7%