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3 years ago

Name 2 properties of liquid

Business

1 answer:

Gnesinka [82]3 years ago

5 0

Answer:

1-Liquids have fixed volume but they have no fixed shape

2-Liquids flow from higher to lower level

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Danks Corporation purchased a patent for $405,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, Da

Andrei [34K]

Answer:

Amortization Expense for year 2021 $90,000

Explanation:

The computation of the amount that should be reported for patent amortization for the year 2021 is shown below:

But before that following calculations need to be done

The value of the patent as of 31st Dec, 2020

Purchase Value as of Sep 1,2019 $405000

Less:- Amortization Expense for the year 2019 $13,500

($405000 ÷ 10 × 4 ÷ 12)

Less:- amortization expense for the year 2020 $40500 ($405,000 ÷ 10)

Value of patent as on 1st Jan, 2021 $351,000

Add:- fees to defend $99000

New Book Value for the year 2021 $450,000

Now Remaining Useful Life 5 years

So,

Amortization Expense for year 2021 $90,000 ($450,000 ÷ 5)

6 0

3 years ago

Which of porter’s five forces was likely the most powerful factor influencing the failure of blackberry?

Vladimir79 [104]

Answer is the threat of substitute products or services.

Rivalry among the existing competitors was not a significant factor in the BlackBerry's downfall because they were not able to produce any form of alternative to the iPhone, and the users switched from the BlackBerry phones to the iPhones. The danger of replacement products is one of the Porter's five factors, and it indicates that there are alternative items that are likely to steal the company's market share. The downfall of the BlackBerry was caused by the substitute product in the shape of the iPhone.

All of the other allegations are untrue because there were no new entrants and the suppliers threatened because they were unable to upgrade their product.

Therefore, (B) Threat of substitute products or services is the correct answer is the correct answer.

To know more about porter five forces analysis click here:

brainly.com/question/15059432

#SPJ4

8 0

2 years ago

On July 1, 2021, an interest payment date, $153000 of Oriole Company bonds were converted into 3070 shares of Oriole Company com

Stolb23 [73]

Answer:

$17,900

Explanation:

= ($153,000-$5,900-(3070*45))*2

= ($153,000 - $5,900 - $138,150)*2

= ($8,950)*2

= $17,900 - increase in paid-in capital in excess of par

NB - When a company issues bonds, it incurs a long-term liability on which periodic interest payments must be made, usually twice a year.

3 0

4 years ago

Monopolies, oligopolies, and monopolistic competitive industries all A) earn positive profits in the long run. B) have market po

iris [78.8K]

Answer: Option (A) is correct.

Explanation:

Correct option: Earn positive profits in the long run.

All the industries that operates in a monopoly, oligopoly and monopolistic market conditions are generally having positive profits in the long run.

These industries can earn positive profits because there are high restrictions on the entry of the new firms. This is the case of monopoly and oligopoly. But in monopolistic competition, there are many firms in the market and the firms in this market condition can have a positive profits in the long run. There are comparatively less barriers on the entry of the new firms.

7 0

4 years ago

Which of the following organizational forces deals with lobbyists?

LenaWriter [7]

political

hope this helps :)

3 0

3 years ago

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Name 2 properties of liquid​

Name 2 properties of liquid