1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bezzdna [24]
3 years ago
10

Gessner LLC patented a process it developed in the current year. The patent is expected to create benefits for Gessner over a 10

-year period. The patent was issued on April 15th and the legal costs associated with the patent were $43,000. In addition, Gessner had unamortized research expenditures of $15,000 related to the process. What is the total amortization expense Gessner may deduct during the current year?
Business
1 answer:
NNADVOKAT [17]3 years ago
8 0

Answer:

$4,350

Explanation:

Based on the amortization period, the duration of the patent would be 20 years or 10 years whichever is lower. So, in this question, we consider the useful life of 10 years

The computation is shown below:

= (Legal  costs associated with the patent + unamortized research expenditures) ÷ useful life in months × given months

= ($43,000 + $15,000) ÷ 120 months × 9 months

= $58,000 ÷ 120 months × 9 months

= $4,350

The nine months is calculated from April to December month. We assume that the books are closed on December month

You might be interested in
In most cases, markets are considered more efficent and better off when monopolies are broken up. Why is it hard for governments
Alexus [3.1K]

Answer:

In simple words, it is hard for governments to break he monopolies as generally as these entities are generally protected by some kind of legal or social convention. A monopoly of an entity that has strategic importance for the nation could be harmful in long run. Also if an individual owns a monopoly due to some patent right etc. then breaking that up will be seen as social injustice.

6 0
3 years ago
What tools can you use consistently use to resolve value conflicts?​
7nadin3 [17]

Answer:

Value conflicts can be defined as the issues which arose when the standard or predicted results are not achieved.

Explanation:

In an organization, a values conflict might arise if decisions are made or actions taken that result in compromising a stated value. Tools to resolve value conflicts.

Ignorance: Ignorance can be useful sometimes. If a mistake is too small which  can be ignored or which has not that much affect on the concern topic then it is necessary to ignore.

Mediate it: Sometimes, the small or unnecessary things turn into a big issue which can be dangerous if not mediate properly. Thus correct and timely mediation is a required factor to resolve value conflict.

8 0
3 years ago
If the Canadian dollar is strengthening, then:
Rainbow [258]

Answer:

The correct answer is (D) it has appreciated in terms of other currencies.

Explanation:

Currency appreciation is the increase in the value of a country's currency with respect to one or more foreign reference currencies, which normally occurs in a floating exchange system.

The reasons that can make a currency or currency appreciate are diverse and usually related to a high demand for it. For example, the consideration of a currency as a low risk of depreciation or a very high level of exports of a country (the demand for the currency to pay for exports will increase) are causes that give rise to the appreciation of a currency.

7 0
3 years ago
If you deposited​ $100 now ​(nequals​0)and​ $200 two years from now ​(nequals​2)in a savings account that pays​ 10% annual​ inte
Natali5045456 [20]

Answer:

The correct answer is: "You would have $589 the end of year 10".

Explanation:

The logics of the statement remains in the amount of money remained after 10 years of savings with a 10% annual interest. This means that, after you deposit $100 now (nº 0), on the first current year you would have ended up with $110, although in the second year (nº 2) you would have made a deposit of $200, which means you would have made total earnings of $310, plus the annual interest of $31. After the second year, all subsequent ones wound count on with an annual interest of $31, which means that at end of year 10 you would have reached the amount of $589.

(ps: mark as brainliest, please?!)

7 0
3 years ago
Who knows bts? just wondering
Likurg_2 [28]

Not the place to be asking but at this point they are pretty well known.

6 0
3 years ago
Read 2 more answers
Other questions:
  • A weaker dollar benefits ---------- and hurts-----------
    5·1 answer
  • Ritufa Foods, a food processing company, has collaborated with a nonprofit organization in an initiative to fund salad bars in s
    9·1 answer
  • Omnidata uses the annualized income method to determine its quarterly federal income tax payments. It had $100,000, $50,000, and
    15·1 answer
  • Ikea is a very Sweden âcentric that is they like doing it the Swedish way, from the names of the furniture to the management of
    11·1 answer
  • A year.
    8·2 answers
  • AT&T 10-year, $1,000 par value bond is selling at $1,158.91. Interest on this bond is paid semiannually.
    6·1 answer
  • Given no cash leakage and zero excess reserves held by banks, if reserves increase by $8 billion and the required reserve ratio
    10·1 answer
  • Accounts payable is​ a: A. current liability. B. current asset. C. longminusterm liability. D. longminusterm asset.
    10·1 answer
  • Explain what business you would start today if given the opportunity. Why this business?
    6·1 answer
  • Why does the US import so much from china?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!