Answer:
$575,000 for patent 1 only
Explanation:
Patent 1 Patent 2
Purchase price 500,000 200,000
Legal & filing Fees 25,000 20,000
Legal fees for successful defense 50,000 0
Total Capitalization Cost 575,000 0
Only patent 1 will be capitalized with value of $575,000 as its right was successfully defended. Where as the patent 2 will not be capitalized as it is useless and has no value at year end.
Loans needs to be repaid with interest to the bank
Answer: Cost plus contact
Explanation:
A cost-plus contract is a form of contract whereby the contractor is paid for all of its allowed expenses including additional payments in order to allow for a profit.
A cost plus contract is usually used when the quality, delivery time and performance is of more importance than the cost. In cost plus contract, the final cost may be smaller than the fixed cost because the contractors don't usually inflate price and also as a result of lesser price competition.
A cost price contract also gives more room for control and oversight over a contractors work and is also flexible which gives room for specification changes.
The resource would be most helpful for this careeronestop hence option A is the correct answer.
<h3>What is Careeronestop?</h3>
Careeronestop is an online tool that seeks to help job seekers and the unemployed get the right information they need about their next job or the job they are about to apply to.
Careeronestop provides resources ranging from videos, training, and workshops.
Learn more about Careeronestop here:
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In the long run, the most important factor shifting the SRAS curve is productivity growth.
<h3>
What do you mean by productivity growth?</h3>
Productivity—in economic terms—is how much output can be produced with a given quantity of labor. One measure of this is output per worker, or GDP per capita.
Since 1947, the U.S. corporate sector has been able to create nine times more goods and services with only a little increase in labor hours thanks to productivity gains. An economy may create and consume more goods and services for the same amount of effort when productivity is growing.
Productivity is a way of thinking and a condition of being. Being effective entails acting in every situation as we actively choose to and not as we feel pressured to by external factors. Being productive requires adopting a mindset of constant development.
Learn more about productivity growth here
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