Answer:
$525,000
Explanation:
The amount to be recognized as research and development expense for the year includes the cost of research and development services performed by Key Corp. for Orr, the cost incurred on testing of pre-production prototypes and models as well as the cost of testing in search for new products or process alternatives,
In other words, all costs incurred would be expensed since no of them met the capitalization criteria as per generally acceptable accounting principles
The company should record a loss on sale of $6,000.
What is asset book value?
Book value is the worth of the asset or the amount left undepreciated at a particular point in time.
This implies that if the cash received in respect of the asset is more than the book value, there would be gains, and when the cash is less, that would result in losses. But in this case, the latter situation applies as shown in the loss computation below:
Selling an asset whose worth is $19,500 for $13,500 means that the company has lost $6,000 as computed thus:
Loss on asset=sales proceeds-book value
loss on asset=$13,500-$19,500
loss on asset=-$6,000
In essence the second to the last option is correct.
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Answer:
<u>Option-(A):</u>
<em> Transition, is the best option to choose from the following options.</em>
Explanation:
<u>Transition Design:</u>
In order to display a text box with its image, one after the other in a timed sequence, we can use and implement the transition design in order to show or display a slide contains three text boxes and three images that correspond to the text boxes.
A popular entrepreneurship method that's used to assess whether creative solutions solve customer problems is known as the value proposition canvas.
<h3>The four factors of production.</h3>
In Economics, there are four (4) main factors of production and these include the following:
Generally, the value proposition canvas is a famous entrepreneurship method that's used by entrepreneurs to assess whether creative solutions solve customer problems.
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