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3 years ago

For companies using gaap, they should characterize their intangible assets as either

1 answer:

3 0

The correct option is C.
GAAP stands for Generally Acceptable Accounting Principles. Under the US GAAP, intangible asset are classified either as limited life or indefinite life.
Intangible assets of a company are those assets that are corporate intellectual properties which lack physical substance. Examples are patent, trade name, franchise and copyrights.

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When thinking about implementation issues as discussed here, we can draw a parallel to the example from the text about Walmart e

vazorg [7]

Answer:

The Correct answer is "liability of foreignness"

Explanation:

Walmart didn't redo its methodologies for Germany and kept it same as that what it practiced in America. This came about into the social contrasts that forestalled Walmart from growing in Germany. In addition, the Company likewise acquired greater expenses in the field of coordination since it was new to the locale. Hence, together these elements called for greater expenses that were exposed to the liability of foreignness.

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4 years ago

Which of the following best illustrates the importantance of addressing the three questions of economics

kupik [55]

Answer:

The three question of economics are: what to produce, how to produce and for whom to produce? All of this implicate the scarcity of resources, which is what sums up all three questions. How to efficiently use what we have in order to make the biggest output possible? Inputs are limited, and businesses should use resources wisely, in a planned manner.

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3 years ago

Parliament Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Parliam

ss7ja [257]

Answer:

Note: The complete question is attached as picture below

We are add the previous month +10% to get that month's amounts

Sales Budget

January February March

Cash sales $50,000 $55,000 $60,500

Credit sales $120,000 $132,000 $145,200

Total sales $170,000 $187,000 $205,700

Workings:

February

Cash sales = 50,000+(50,000*10%) = $55,000

Credit sales= 120,000+(120,000*10%) = $132,000

March

Cash sales = 55,000+(55,000*10%) = $60,500

Credit sales= 132,000+(132,000*10%) = $145,200

7 0

3 years ago

madeline wants her son to be well-behaved when they go to church. for every five minutes he sits still, she gives him a piece of

AVprozaik [17]

Answer:

Answer would be Operant Conditioning

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3 years ago

Brooke Bennington works for JMK an year and earns a monthly salary of $12,800 There is no overtime pay Brooke's income tax withh

Karolina [17]

Answer:

$9,544.80

Explanation:

For 2020, the maximum amount of salaries that are subject to social security taxes is $137,700. This means that Brooke's entire salary is subject to social security withholding.

Gross salary $12,800

Federal income tax withholding $1,920
United Way contribution $256
FICA taxes (OASDI) withholding $793.60
FICA taxes (Medicare) withholding $185.60
Health insurance $100

Net pay = $9,544.80

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4 years ago