It is/was at war, it doesn't have the kind of financial sustenance you need.
Answer:
The amount of amortization expense each year is $500,000.
Explanation:
This can be calculated as follows:
Patent original cost = $3,000,000
Salvage value after 5 years = $500,000
Number of years to use before selling it = 5 years
Therefore, we have:
Annual amortization expense = (Patent original cost - Salvage value after 5 years) / Number of years to use before selling it = ($3,000,000 - $500,000) / 5 = $500,000
Therefore, the amount of amortization expense each year is $500,000.
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<span>The manager will weigh the pros and cons of each alternative before implementing the solution. The manager should look at each alternative and list the benefits and the negatives for each alternative. After reviewing the list of benefits and negatives for each alternative, the manager can eliminate the alternatives that possess too many negatives or cons. The alternatives with the most benefits should be considered more carefully. The manager should then implement the alternatives with the most benefits or pros on a trial basis. The alternative with the best results is the one that is deemed useful, permanent and beneficial to the company.</span>
