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.
Answer:
Discounting the future cash flows
Explanation:
The reason is that the future returns will devalue with money received because of the Inflation. The money received after some years will result in fall in its value. So the amount received after some year of an equal amount to the amount today will not be worth the same. So discounting of future value receipts helps in decision making in todays value.
The answer is At least quarterly.
financial institution pay interest to the commissioner of management and budget from a broker's interest-bearing trust account at least quarterly.
What is a Financial institutions?
- A financial institution (FI) could be a company locked in within the business of managing with monetary and financial transactions such as stores, advances, ventures, and cash exchange.
- Financial institutions envelop a wide run of commerce operations inside the money related administrations segment counting banks, believe companies, protections companies, brokerage firms, and speculation dealers.
- Financial teach can shift by measure, scope, and geography.
- A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
To know more about financial institution visit:
brainly.com/question/14583055?
#SPJ4
Brand awareness campaign is the type of campaign that is done by the Jacob in hi physical store as he doing store visits and in-store sales and heard that specialized campaign types can help him meet these kinds of goals.
<h3>What is brand awareness campaign?</h3>
Brand awareness campaign is mostly done to promote the new brand or the unknown brand, which needs exposure to get well placed in the market.
Brand awareness is very useful tool for the company as they promotes the products plus brand name ans make the remark of the brand in customer's mind.
Thus, it is Brand awareness campaign.
For further information, Brand awareness campaign, click here:
brainly.com/question/14773098
#SPJ1
