Answer:
$122,000
Explanation:
Cost of Patent:
= Cost of patent + (total cost ÷ 2)
= 145,000 + (15,000 ÷ 2)
= $152,500
Accumulated depreciation for 2 years:
= (Cost of Patent ÷ Benefited years) × No. of years
= (152,500 ÷ 10) × 2
= $30,500
Carrying value on December 31,2018:
= Cost of Patent - Accumulated depreciation for 2 years
= $152,500 - $30,500
= $122,000
Explanation:
In the case of the complements goods, if the price of the soda rises, the demand would be decreased and the supply would rises. Since the soda and pizza are complementary goods so the impact of one good would be the same for another good also
Moreover, we also know that the price and the demand has an inverse relationship but the price and the supply has a direct relationship
<span>This is a corporation. Corporations usually consist of boards of directors and other groups of people, and can continue to exist even after the founders of the business cease to exist or otherwise leave their founding role.</span>
Answer:
Monthly payment =$32,618.05
Explanation:
<em>To arrive at the monthly installment, we would calculate the total interest due on the loan for nine months, add it to the principal and then divided the sum by 9 months</em>
<em>The monthly installment</em>
= (Principal + total interest for 9 months)/ number of months
<em>Interest for 9 months </em>
= 9%× 9/12 × 275,000
= $18,562.5
<em>Monthly installment</em>
= (275,000 + $18,562.5)/9
=32,618.05 per month