<span>Commercialization, is the stage in new product development, is the full introduction of a complete marketing strategy and the launch of the product for commercial success.After that only we can come to know whether the product is commercially successful or not.when the product is commercially successful one can go for full-scale production of the product.</span>
The debt owed by a business is called liabilities. Liabilities are obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like products, services.
Liabilities on balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties etc. Assets can be contrasted with liabilities. Assets are items business own or owe money to, whereas liabilities are debts or other obligations.
Short-term financial commitments of a business that are due in a year or within its typical operational cycle are known as current liabilities.
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Answer:
B
Explanation:
Payback period is the total time it takes an organization to recover the initial capital incurred in acquiring an asset.
It is expressed in years and fraction of years.
Initial investment 20,000
Year 1 3000 17000
Year 2 8000 9000
Year 3 15,000
9000/15000= 0.6 years
The payback period = 2.6 years
Answer:
b. US Green Building Council
c. LEED GA
Explanation:
U.S Green building council is a non profit organization that are formed to promote sustainability within the built environment and has been releasing versions of the LEED rating systems since 2000. USGBC trademark policy are created to help our brand assets more consistently and correctly. Here, brand assets include trademark and logos. They look into every details of logo and trademark, like placement of mark, which text, intention of use, etc.
Answer:
C : It is recorded for the fraction of the year to the date of the disposal.
Explanation:
Depreciation is the expense charged for providing against benefits arising through the assets. When any assets are to be sold, then depreciation is to be provided against the time period it is used as the benefit have been received for such.
Therefore, even in case of sales of the asset, the depreciation is provided for the period, it is in the books, and held in hand.
Therefore, the correct statement is:
Statement C
