If Inez is not satisfied with the painting by Josh, Inez does not have to accept the portrait or pay Josh any money. Inez does not have to pay Josh at all.
Answer:
a. Particulars Amount
Patent cost $400,000
Less: Amortization for 3 years <u>$150,000 </u> ($400,000*3/8)
Book value at the end of year 3 $250,000
Addition during Year 4 <u>$20,000 </u>
Total book value <u>$270,000</u>
Patent amortization expense for the Year 4 = Total book value / Remaining life
Patent amortization expense for the Year 4 = $270,000 / 5
Patent amortization expense for the Year 4 = $54,000
b. Adjusting Entry
Date Account titles Debit Credit
Amortization expense $54,000
Patents $54,000
Answer:
<h3>Also known as business operations managers or business directors, business administrators are involved in monitoring day-to-day business operations, interacting with external partners, improving business and employee performance, negotiating contracts, and analyzing financial data.</h3>
Answer:
it's important because it's make to long your progress in your workplace and don't get fired
Answer:
Correct Answer is (B)
Explanation:
We look at the objectives the government has in mind to achieve;
- stability in international trade
- stability in investment
Which of the listed policies will achieve these goals?
- the tool here used to control international trade is foreign exchange trading
- the tool used to control investment is interest rate
To achieve stability in these 2 indicators, both tools should be controlled. Thus the monetary policy & exchange rate regime to choose here is:
Controlling the interest rate in the country and imposing restrictions on foreign exchange trading.
Option (C) won't suffice because an independent monetary policy is necessary.
