False, I believe. An increase in the unemployment rate might be represented that way, but a decrease wouldn't.
Answer:
C.
Explanation:
A higher interest rate means greater loss in money value being held by an individual. This is because the money would yield higher earnings by being in a savings account. Consequently, higher interest rate means less demand for money.
Answer:
Prepare the necessary entry to clear the Intangible Assets account and to set up separate accounts for distinct types of intangibles.
- Dr Patents 387,900
- Cr Intangible assets 387,900
- Dr Goodwill 341,000
- Cr Intangible assets 341,000
- Dr Franchises 421,000
- Cr Intangible assets 421,000
- Dr Copyright 145,200
- Cr Intangible assets 145,200
- Dr Research and development expense 211,000
- Cr Intangible assets 211,000
Make the entry as of December 31, 2020, recording any necessary amortization:
- Dr Patents 387,900
- Cr Intangible assets 387,900
- Dr Amortization expense 43,100
- Cr Accumulated amortization - Patents 43,100
- Dr Goodwill 341,000
- Cr Intangible assets 341,000
- Dr Franchises 421,000
- Cr Intangible assets 421,000
- Dr Amortization expense 42,100
- Cr Accumulated amortization - Franchises 43,100
- Dr Copyright 145,200
- Cr Intangible assets 145,200
- Dr Amortization expense 29,040
- Cr Accumulated amortization - Copyright 29,040
*R&D costs are expenses, they are not amortized.
Reflect all balances accurately as of December 31, 2020. Use straight-line amortization
.
- Patents $344,800
- Goodwill $341,000
- Franchises $378,900
- Copyright $116,160
Answer:
<em>C) Organizational plurality
</em>
Explanation:
Organizational plurality is a working environment in which all representatives are encouraged to collaborate in a way that promotes the gains for the company, clients and themselves.
As with the advertising agency, the employees are given chances to follow their decisions and maximize their experience.
