Answer:
$11,666.67
Explanation:
Data given in the question
Allocated purchase price to a patent = $300,000
Patent expiring period = 20 years
According to the section 197 , Legal life of the patent = 15 years
Since the legal life of the patent is 15 years so it would be amortized in 15 years itself
Now the amortization expense is
= $300,000 ÷ 15 years
= $20,000
Now the total amount for 7 months is
= $20,000 ÷ 12 months × 7 months
= $11,666.67
The main government restrictions on sole proprietorship are as follows:
1.The zoning laws that are put in place specifies the areas of a city or a country where various types of business activities can be pursued.
2. Sole proprietorship has to obtain city or country license before they can operate their businesses.
3. Professional sole proprietorships such as doctors must be licensed by the state.
Answer:
<u>Balance of payments surplus</u>
Explanation:
Balance of payments refers to a record of a country's trade position during a period.
Three components of Balance of payments are. current account, capital account and the financial account.
In the scenarios wherein a nation's exports exceed the imports, it reveals a surplus. Conversely, if imports exceed exports, it reveals a deficit.
Borrowings by a nation to fund it's deficit is regarded as an inflow in the balance of payments account.
Thus, in the given case,
Balance of payment position for the FY 2015-16 = $20 - $18 + $40 = +$42
Which indicates balance of payments surplus position.
The guard prevents you from touching the blade.
Answer:
I think the answer is 444664
Explanation:
444664 hope this help