Answer:
The answer are given below
Explanation:
1.Copyright $135,250
Useful life 5 years
Amortization for the year (135,250/5) $27,050
Amortization Expense Dr.$27,050
Accumulated Amortization Cr.$27,050
2. Patent $118,800
Useful life 5 years
Amortization for the year (118,800/500) $23,760
Amortization Expense Dr.$23,760
Accumulated Amortization Cr.$23,760
3. Goodwill $152,800
No amortization will be recorded as the intangible has indefinite useful.
In case 1 & 2 above, useful life is considered for working amortization on intangibles as their legal lives are greater than their useful life. Therefore useful life is used for the calculation.
Answer:
Option C) Littman's $179 expense will be greater than $100,000
Explanation:
Data:
Littman LLC placed in service on July 29, 2019, machinery and equipment (seven-year property) with a basis of $600,000. Littman's income for the current year before any depreciation deduction was $100,000
From the options, In order to minimize depression, Littman's $179 expense will be greater than $100,000. This will come from the profit loss reconciliation. Hence option C will be the correct option in this case.
An oligopoly is a market form in which a market is dominated by a small number of sellers. For example, as of fourth quarter 2008, Verizon, AT&T, Sprint, and T-Mobile together control 97% of the US cellular phone market. Competition is limited in an oligopoly because barriers to entry are high.The most important barriers are government licenses, economies of scale, patents, access to expensive and complex technology, and strategic actions by incumbent firms designed to discourage or destroy nascent firms.
According to Philip Crosby, the correct cost for a well-managed quality management programme should be less than 2.5 percent.
<h3>What is quality management programme ?</h3>
- A quality management programme that integrates all quality processes is easily capable of meeting FDA and ISO quality standards. This can be a boost to productivity because, with the right QMS software, it can almost manage itself.
- Companies with this level of efficiency can produce more, faster, and at a lower cost.
- Quality management encompasses all project management activities required to put a quality plan into action. The following are the fundamental components of an organization's approach to quality management: Quality system - the structures, procedures, and processes that are used to implement quality management.
- By incorporating a quality assurance programme into your customer relationship management system, you can monitor your employees' performance and ensure that they adhere to the standards you have established. It allows you to know if you've set the right benchmarks and how to change them.
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Answer:
Cohort is a subset of customers grouped by shared characteristics.