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- Apple
- Starbucks
- Godrej industries
Explanation:
Policies of Apple:
- Innovation: Apple has given more than what we have expected.
- Integrity: Apple has stayed true to itself and doesn't copy.
- Originality: The reinvention of features has made Apple stand out.
Policies of Starbucks:
- Expand its stores in the US and internationally by franchising/licensing.
- Designing stores that convey Starbucks image and brand.
- Expand product offerings beyond its retail stores& enter new markets.
Policies of Godrej Industries:
- Godrej industries aims to provide innovation and quality products.
- Commited not only to consumers but also society and environment.
- Excellent standards of ethical behaviour.
Imari Brown should choose $1,000 tax credit since it reduces her taxes by $1,000. Tax credit is a big help for her because it can also reduced her tax by $1000, it is a big saving to her since she still attending community college.
In phrases of cost and responsibility, the very best incoterm for the exporter that is, in turn, the maximum tough for the importer is Ex-works (EXW).
The definition of cost is the amount paid for something or the rate of doing something. An instance of a value is $three for a half gallon of milk.
Price is the cost of money that a business enterprise needed to spend to produce its items or services. it is calculated as the quantity that an employer spends with the intention to produce a sure unit of a product. In simple words – it is the cash that a business enterprise spends on matters including hard work, offerings, raw materials, and more. the fee is the expenditure required to create and sell products and services, or to gather belongings. whilst offered or eaten up, a price is charged to price.
Costing is critical to make sure that all charges are blanketed and the institution fixes a price that ensures a profit. the first and maximum important step is to perceive all the prices of a enterprise: manufacturing, income, administrative, overheads, and so forth.
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Answer:
The appropriate adjusting entry for patent amortization in 2021 to reflect the revised estimate would be as follows:
Amortization Expense Dr. 3 million
Patent Cr. 3 million
Explanation:
In order to Prepare the appropriate adjusting entry for patent amortization in 2021 to reflect the revised estimate we would have to make the following calculations:
Calculation after the Change:
Original Cost =$10.8 million
Annual Amortization (Old) =$10.8 million/9 = $1.2 million
Amortization till Date (2017 - 2021) = 1.2*4 = 4.8 million
Unamortized Value = 10.8 - 4.8 = 6 million
Remaining Life = 6 - 4 = 2 Years
New Amortization = Unamortized Value/Remaining Life = 6/2 = 3 million
Therefore, the appropriate adjusting entry for patent amortization in 2021 to reflect the revised estimate would be as follows:
Amortization Expense Dr. 3 million
Patent Cr. 3 million
