A closed source is a proprietary software licensed under the exclusive legal right of the copyright holder.
<h3>What is copyright?</h3>
- A copyright is a sort of intellectual property that, typically for a certain period of time, grants its owner the sole authority to reproduce, transmit, adapt, exhibit, and perform a creative work.
- The creative work could take the form of something musical, artistic, educational, or literary.
- A creative work's original expression of a concept is what copyright is meant to protect, not the idea itself.
- Based on criteria of public interest, such as the fair use doctrine in the US, a copyright may be subject to limitations.
<h3>What purpose does copyright serve?</h3>
- Copyright is crucial because it gives the author, academic, or researcher the power to prevent unauthorized or uncredited use of their work, preserving its value.
Learn more about copyright here:
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<span>Given:
Cost of the roof of a property = $14,000
Economic life = 18 years
To find: value after 4 years using straight-line depreciation method.
Solution:
Loss of value per year = cost of roof of property / economic life of property
14000/18 = $777.78
Every year, value of property is getting depreciated by $777.78.
So, value after four years is calculated below:
Value after 1 year = $(14000 - 777.78) = $13222.22
Value after 2 year = $(13222.22 - 777.78) = $12444.44
Value after 3 year = $(12444.44 - 777.78) = $11666.66
Value after 4 year = $(11666.66 - 777.78) = $10888.88
Value after four years = $10888.88</span>
Answer:
d. costs and yield
Explanation:
When you are carrying out economic calculations, you are trying to determine how to allocate resources more effectively. You will need to analyze different economic factors like income, capital, tax rates, expenditures, savings, changes in income levels, but you will not use costs and yields. Cost and yields are used to determine how profitable an individual project or investment is, but it is not used in the macro level (the big picture).
Answer:
Third sentence
Explanation:
Even though they have little capital and new business partners it states in the third sentence that the two are happy to be organizing a business together to avoid liability. So if they take the time to learn about each other and to find each others strengths and weaknesses they will be able to work together and become a stronger team.
Hope this helps.
Answer:
Kristie reports the following income from KKM during the current tax year: (A) $54,000 ordinary income; $9,000 charitable contribution.
Explanation:
From the provided data;
KKM's net ordinary income = $180,000 ($280,000 ordinary income - $80,000 of office expenses - $20,000 payment to Kaylyn).
Since the cash distributions to Kaylyn and Megan are not deductible.
Kristie's share of this income is equal to
30% of KKM's net ordinary income
= 30% 0f $180,000
= $54,000.
In addition, Kristie reports 30% of partnership charitable contribution
= 30% of $30,000
= $9,000 of her share of the partnership's charitable contribution.
Therefore, Kristie reports the following income from KKM during the current tax year: $54,000 ordinary income; $9,000 charitable contribution.
