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olganol [36]
3 years ago
6

Blossom Corp. incurred $710000 of research and development costs to develop a product for which a patent was granted on January

2, 2018. Legal fees and other costs associated with registration of the patent totaled $147000. On March 31, 2021, Blossom paid $285000 for legal fees in a successful defense of the patent. The total amount capitalized for the patent through March 31, 2021 should be
Business
1 answer:
MA_775_DIABLO [31]3 years ago
4 0

Answer:

$432,000

Explanation:

The computation of total amount capitalized for the patent is shown below:-

Total amount capitalized for the patent = Legal fees and other costs attached with patent registration + Legal fees in successful defense of the patent

= $147,000 + $285,000

= $432,000

Therefore for computing the total amount capitalized for the patent we simply added legal fees and other costs attached with patent registration and legal fees in successful defense of the patent and we have not considered research and development costs as they are expensed in that period in which they are incurred plus there are not capitalized

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30points
dmitriy555 [2]

Answer:

c

Explanation:

employee monitoring is software, time clocks, video surveillance, GPS systems and biometric technology .the answer most likely c.

7 0
3 years ago
Which of the following characteristics distinguish a multinational corporation? a. Top management is expected to take a global p
Lemur [1.5K]

Answer: The correct answer is "d. All of these".

Explanation: All are characteristics of a multinational corporation. Since a multinational company is one that is not only established in its country of origin, but also established in other countries to carry out its commercial activities both for sale and purchase and production in the countries where they have been established.

a. Top management is expected to take a global perspective. - With a global perspective we mean that the top management must develop its strategies taking into account socioeconomic factors not only of the country where they belong but of the world, since in a multinational company it could affect externalities that occur in any part of the world.

b.The corporation is controlled by a single management authority. - Despite being a multinational company, there must be only one administrative authority that allows a clearer vision of the future of the company and establishes the objectives of long, medium and short term.

C. It is managed as an integrated worldwide business system. - Being a company located in many countries to be managed in an efficient way that maximizes benefits should be managed as an integrated worldwide business system that allows obtaining relevant data for decision making.

5 0
3 years ago
On January 1, 2019, Wasson Company purchased a delivery vehicle costing $47,550. The vehicle has an estimated 7-year life and a
Umnica [9.8K]

Answer:

$35,660

Explanation:

the depreciable value of the vehicle = $47,550 - $4,500 = $43,050

depreciation expense per mile driven = $43,050 / 105,000 miles = $0.41

depreciation expense 2019 = $0.41 x 10,500 = $4,305

depreciation expense 2020 = $0.41 x 18,500 = $7,585

accumulated depreciation = $11,890

book value = $47,550 - $11,890 = $35,660

4 0
3 years ago
When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relat
lbvjy [14]

Answer:

When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relations and employee happiness, he is refuting ideas championed by <u>Henri Fayol's administrative management.</u>

Henri Fayol's administrative management usually looks at the clear decision of labor, work ethics, employee and organizational culture and spirit. It stresses upon how employee social relations and employee happiness is crucial to the success of an organization.

8 0
3 years ago
A movement along the demand curve might be caused by a change in:____.
dolphi86 [110]

A movement along the demand curve might be caused by a change in the price of the good or service that is being demanded.

<h3>What is Demand?</h3>

This is the quantity of goods and services that consumers are able to purchase at a given price and at a particular time.

The price of the goods and services greatly influences the level of demand thereby bringing about movement along the demand curve. This makes the option D the most appropriate choice.

Read more about Demand here  brainly.com/question/2398546

7 0
2 years ago
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