Answer:
Check the explanation
Explanation:
Patents and Copyrights are amortized based on their useful life, not their legal life
It should be noted that Goodwill is not amortized
1. Debit 'Amortization Expense - Copyrights' $15,900 [($79500/ 5)]
Credit 'Copyrights' $15,900
2. Debit 'Amortization Expense - Patents' 18,800 [($112,800 / 5 ) x (10 /12 )]
Credit 'Patents' $18,800
.3. No entry
Answer: A: the time required for monetary policies to take effect
Explanation:
The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.
For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.
Answer:
Most consumers decide on a product using price as the number one factor
Explanation:
Sale prices could make a market more competitive and it is also a pricing strategy.
If an entrepreneur set the price as high as s/he thinks s/he can it could take her/him out of competition in the market and it would leave her/him without profit.
Small business don't set their prices according to their business size but to the economic factor, because consumers first decide based on the economic factor because people can't buy what they can't afford.
Answer:
When an item is purchased ,money is exchanged for the to.......
Explanation:
When an item is purchased ,money is exchanged for the to.......
