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sleet_krkn [62]
3 years ago
11

Skysong Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $432,000 and a re

maining useful life of 8 years. During 2020, Skysong incurred research and development costs of $93,000 and brought a patent infringement suit against a competitor. On December 1, 2020, Skysong received the good news that its patent was valid and that its competitor could not use the process Skysong had patented. The company incurred $110,500 to defend this patent. At what amount should patent(s) be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents?
Business
1 answer:
skelet666 [1.2K]3 years ago
3 0

Answer:

487200

Explanation:

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Answer:

c. Conceptual

Explanation:

The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.

This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.

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What is a significant weakness of a tradition based economy?: 1) daughters are expected to do different work than their mothers
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19. A call has 6 months left before expiration and a put (on the same stock) has 2 months left before expiration. If the company
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During which stage does the firm gear up for full-scale production, distribution, and promotions?
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brainly.com/question/17485582

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