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Zigmanuir [339]
3 years ago
10

When an individual invents a new product and patents it, a writer copyrights and publishes a book, or a company develops a symbo

l that represents it and has it registered as their own, they have created assets. What type of assets have they created?
Business
1 answer:
horsena [70]3 years ago
5 0

Answer:

A. Intangible assets

Explanation:

Intangible assets: They refers to assets that are not physical in nature. They are identifiable, non-monetary assets without physical substance such as brand recognition, intellectual property. Intellectual property includes patent right, copyright, and trademarks.

Intangible assets lice brand names are non physical in nature unlike tangible assets that are phsysical. Examples of tangible assets are building, vehicle, land, machineries and furnitures. They are assets that is expected to generate economic return in the future.

There are two classes of intangible assets

1. Identifiable intangible assets: These are intangible assets that can be separated from other assets such as copyright, trademarks and patent.

2. Unidentifiable intangible assets: They are assets that cannot be separated from other assets such as Goodwill.

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As time passes, fixed assets other than land lose their capacity to provide useful services. To account for this decrease in use
alexgriva [62]

Answer:

Depreciation

Explanation:

Depreciation is the systematic allocation of estimated cost to an asset. Methods include straight line, sum of the year digits, double declining etc. The entries for recognizing this cost are;

Debit depreciation expense

Credit Accumulated depreciation

Hence to account for this decrease in usefulness, the cost of fixed assets is systematically allocated to expense through a process called depreciation.

6 0
3 years ago
Are the statements true, false, or uncertain arguments? An export tax always reduces the exporter's net revenues. It is highly e
Musya8 [376]

1. The statement is true

Export taxes are paid by the exporters. These taxes include customs and     shipment changes a as a as well.

2. The statement is uncertain

We cannot make out which industry will use technological spril overs and which industry will not use it.

3. The statement is false  

Child employment is in non-tradeable sector for most of the poor countries.

4. The statement is true

low GDP per capita mean the country does not have enough output per person. It is not able invest in the human capital of the Country. Each of facilities like education, hospitality is another result of low GDP per capita and thus, eventually. Low GDP per capita lead to child labor because these children and their parents does not have money & basic facilities and that is why choose this option.

Non-tradable sectors are composed of production, distributive alternate, repairs, shipping, accommodation, meals services sports (GHI), actual property activities (L), enterprise offerings (MN), and public administration (OPQ). All sorts of tradable sectors can create productivity increase

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8 0
1 year ago
Madrigal Corporation purchased a new machine for $120,000. The machine has an estimated useful life of 10-years with no salvage
GenaCL600 [577]

Answer:

The annual cash flow using the gross book value method is $18,000

Explanation:

In order to calculate the annual cash flow using the gross book value method we would have to calculate the following formula:

annual cash flow=( value of new machine*ROI)/100

Value of the new machine=$120,000

ROI=15%

annual cash flow= ($120,000* 15%)/100 =

annual cash flow=$18,000

The annual cash flow using the gross book value method is $18,000

7 0
2 years ago
Read 2 more answers
Different segments of the project are delegated to respective functional units. this is called?
sweet-ann [11.9K]

Different segments of the project are delegated to respective functional units called as the Functional Organization.

<h3>What is a Functional Organization?</h3>

The notion of specializations based on function or role is used by functional organizations as a sort of organizational structure. For businesses with one or a few product offerings as well as medium-sized and small organizations, an efficient organizational structure is ideal. For instance, the little company AB Company manufactures diapers and employs around one hundred people. A matrix organization is a sort of corporate structure that divides a corporation into various sections according to areas of specialization. Functional managers or heads of departments are responsible for managing these departments, which act as functional units.

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6 0
1 year ago
Your friend says to you, "America is one of the fairest countries in the world because we have a democracy, and we are able to v
professor190 [17]

Answer and explanation:

Democracy is the state in which individuals of a community make decisions collectively being the interest of most people prioritized. A pure form of democracy is difficult to find even in countries that highly promote equal rights such as the United States.

The Democracy Index is a composite that measures democracies in 167 countries scoring them from 1 to 10 (10 is the highest grade). In 2019, The U.S. was positioned in the 25th place in the list of most democratic countries. <em>Norway </em>is placed in the first place followed by <em>Iceland</em>.

In such a case, <em>we should recommend our friend to take a look at the Democracy Index where he or she will find out that the U.S. is not one of the fairest nations in the world. Its government functioning and political participation are aspects where the U.S. needs improvement.</em>

6 0
3 years ago
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