Sanitizing a surface is defined as the process of

On September 30, 2021, Athens Software began developing a software program to shield personal computers from malware and spyware

Ray Of Light [21]

Answer:

2021

Dr Research and development expense $3,600,000

Cr Cash $3,600,000

2022

Dr Research and development expense 1,500,000

Dr Software and development costs 594, 000

Cr Cash 2,094,000

B. $148,500

Explanation:

1. Preparation of the journals entry

2021

Dr Research and development expense $3,600,000

Cr Cash $3,600,000

(To record the expenses incurred on research and development)

2022

Dr Research and development expense 1,500,000

Dr Software and development costs 594, 000

Cr Cash 2,094,000

(1,500,000+594,000)

(To record the software development costs incurred)

2.Calculatation for the amortization for 2022

Using percentage of revenues method

Amortization= Current revenue/Total revenue* Software development costs

Amortization=$1,560,000/$7, 800,000*$594,000

Amortization=0.2*$594,000

Amortization=$118,800

Using straight line method

Amortization =1/Useful life* Software devel opment costs

Amortization=1/4*$594,000

Amortization=$148,500

Based on the above calculation Tmte expense amounts under straight-line method is higher . Which means that , the amortization is $148,500.

7 0

3 years ago

1. An open market purchase A. shifts the supply curve for reserves to the right and causes the federal funds rate to fall. B. sh

Aleksandr [31]

Answer:

The correct answer is option A (shifts the supply curve for reserves to the right and causes the federal funds rate to fall).

Explanation:

Open market purchase Increases the money supply in an economy where government bonds are bought from a bank by the Federal Reserve, this single act makes money available to the bank, which now makes Interest rates fall and raise investment spending. When federal funds rates fall, money supply increases which is a visible characteristic of an open market purchase. Similarly, when the supply curve for reserves shifts to the right, it signifies an open market purchase.

7 0

2 years ago

The true cost of borrowing and lending is best measured by

AnnZ [28]

<span>The true cost of borrowing and lending is best measured by the real interest rate. Real interest rate adjusts the nominal interest rate by inflation. (Real interest=Nominal interest-Inflation)

Let us consider two instances:
Instance 1 : Nominal interest rate is 5% and CPI inflation at 2.8%.
Instance 2 : Nominal interest rate stays at 5% and CPI inflation at 3.5%.

During Instance 2, for an unassuming lender, though it looks like he is not impacted, inflation has taken away some of his purchase power while the interest he earns is the same. Likewise a low inflation rate will have a hidden impact for the borrower and beneficial for the lender.

Instead, if we take real interest into account, first instance had a real interest rate of 2.2% and the second instance had a real interest rate of 1.5% which explicitly shows the impact of the higher inflation rate and thus reflects the true cost of borrowing/lending.</span>

7 0

3 years ago

The bulk of costs related to legal expenses come from: a. Photocopying b. Online research through legal subscription services c.

Setler [38]

Answer:

c. Attorney's and paralegal's time

Explanation:

Attorney's and paralegal's time is worth much more than any papper the case requires to print as they get charged above $200 dollar per hour and all the job put into writting Subpoenas, law-suit meeting with the judge, with the other lawyers, negociating and recording testimony among and other legal activities is billed and makes up for the mayority of the case legal cost

4 0

3 years ago

In a _______, the majority of a nation’s land, factories, and other economic resources are privately owned by individuals or bus

katovenus [111]

In a market economy

8 0

3 years ago