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Naya [18.7K]
3 years ago
14

During 20X1, the Balboa Software Company incurred development costs of $2,000,000 related to a new software project. Of this amo

unt, $400,000 was incurred after technological feasibility was achieved. The project was completed in the middle of the year and the product was available for release to customers on July 1. Revenues from the sale of the new software in 20X1 were $500,000 and the company anticipated future additional revenues of $4,500,000. The economic life of the software is estimated at four years. What amount of the software development costs would be capitalized in 20X1 (ignore amortization)
Business
1 answer:
sergey [27]3 years ago
3 0

Answer:

$400,000

Explanation:

Data provided in the question:  

Development cost incurred = $2,000,000  

Amount incurred after the technological feasibility was achieved = $400,000

Now,  

The Software development costs that would be capitalized in 20X1

= Cost incurred after achievement of technological feasibility    

= $400,000  

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Carol thomas will pay out $6000 at the end of year two and $8000 at the end of year three. then carol will recieve $10,000 at th
insens350 [35]

Solution:

PV = FV x PV_{if} (App. B: 10%, 2 periods)

       = $6,000 x 0.826 - $4,956

PV = FV x PV_{if} (App. B: 10%, 3 periods)

    = $8,000 x 0.751 = $6,008

PV = FV x PV_{if} (App. B: 10%, 4 periods)

    = $10,000 x 0.683 = $6,830

Net Value of Payments = ($4,956) + ($6,008) + $6,830 = ($4,134)  

5 0
4 years ago
It is personality factor which means doing things even before being told​
timama [110]

Answer:

Initiative.

Explanation:

Initiative is a personality factor which means doing things even before being told.

This ultimately implies that, an initiative refers to the ability of an individual to act by himself or herself without getting any instruction from anybody.

Initiative connotes the personality factor that influences an individual to perform an action or task without being told, urged, compelled or forced to do so.

6 0
3 years ago
Today is January 1, 2009. The state of Iowa has offered your firm a subsidized loan. It will be in the amount of $10,000,000 at
erastova [34]

Complete question:

Today is January 1, 2009. The state of Iowa has offered your firm a subsidized loan. It will be in the amount of $10,000,000 at an interest rate of 5 percent and have ANNUAL (amortizing) payments over 3 years. The first payment is due today and your taxes are due January 1 of each year on the previous year's income. The yield to maturity on your firm's existing debt is 8 percent. What is the APV of this subsidized loan? If you rounded in your intermediate steps, the answer may be slightly different from what you got. Choose the closest.

A. -$3,497,224.43 B. $417,201.05 C.$840,797 D. None of the above

Answer:

$840,797  is the APV of this subsidized loan

Solution:

Input the loan in a financial equation first and resolve the payment:

PV=10,000,000

N= 3I = 5%

PMT = 3,672,085

Now, find the APV of the loan:

CF0 = $10,000,000

CF1= -$3,502,085

     = -$3,172,085 - .66 * $500,000CF2

     = -$3,556,011CF3

     = -$3,612,632I

     = 8%

APV = $840,797

5 0
4 years ago
The parents of a child diagnosed with Tay-Sachs inquire about progression of the disorder. Which statement by the nurse is accur
Anit [1.1K]

Answer:

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Explanation:

Tay-Sachs disease is a rare degenerative disease that affects the brain and central nervous system and is hereditary, autosomal recessive (more common in descendants of Hebrews).

It is one of the diseases by lysosomal deposition. Individuals who suffer from it are unable to produce a lysosomal enzyme called hexosaminidase-A that participates in the degradation of gangliosides, a type of sphingolipid, that accumulate and degenerate to the central nervous system. It is included within lipidosis or lipid storage diseases.

5 0
3 years ago
When couples not only enjoy each other's company, but closeness is both wanted and needed, they are in the?
aleksklad [387]
<span>Actually here in this type of scenarios the couples are in the starting phase of mutual relationships which may be of any of types of relationships, ie, the couples want to spend as much time as possible together to know, feel & understand eachother and finally form a very close relationships , which may sometimes end in true love for sure. The correct answer is integrating stage.</span>
3 0
3 years ago
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