Answer:
There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.
Explanation:
total available amount of deduction for research and experimental expenditures is:
2018 - $500,000 + 90,000 + 8,000 + 6,000 + 15,000
= $619,000
2019- $600,000 + 70,000 + 11,000 + 8,000 + 14,000
= $703,000
2020 - $0
Amortized value for research and experimental expenditures
= ($619,000+703,000)/60
= $22,033 per month
Amortized value for research and experimental expenditures for 2018
= $0
Amortized value for research and experimental expenditures for 2019
= $0
Amortized value for research and experimental expenditures for 2020 (from july to dec => 6 months)
= $22.033*6
= $132,198
Therefore, There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.
C.rent,renters insurance,transportation costs
Answer:
Snyder Painting
If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on
B. paint storage.
Explanation:
a) Identified Activities of Snyder Painting:
A. customer consultation.
B. paint storage.
C. site preparation and cleanup.
D. onsite paint application.
b) Non-value added activities are activities that are currently necessary and consume resources but do not add value to the company's product or service. For example, equipment set-up, parts inspection, recording job time, job scheduling, product storage, and customer billing. These activities should be reduced to the barest minimum in order to maximize value.
A customs duty is best described as a B.) TAX PAID ON IMPORTED GOODS.
This tax is levied to increase the state revenue as well as protect domestic businesses that are of the same industry as those imported goods.
Answer:
Growing a business is very difficult
Explanation:
There are a lot of factors that influence business growth, a large one is the amount of time and money an owner can devote to it. Growing a business is hard - an owner may need to hire more people, find more space, buy more inventory, market to more customers, and all these activities take time and money. A lot of small business are successful because they operate in a niche, e.g. a restaurant located across the street from a factory will get customers before and after the shifts, but if the owner opened a second location in a strip mall with other restaurants nearby they need to find an entirley different customer base that already is being served. Some small businesses, e.g. candle maker at a farmers market, started as hobbies for the owner that turned into a business, but the owner can't afford to quit their day job and make candles full time. Growning a business in some ways is a lot harder than starting one.
