Answer:
B. the cost of a patent giving exclusive rights to a process
Explanation:
Intangible assets are simply assets that cannot be touched physically. Unlike tangible assets, intangible assets are pretty much or rather relatively more difficult to estimate or evaluate. It may include patents, trade name, brand name, copyrights and so on. Intangible assets recorded on balance sheet include cost of patents giving exclusive rights to a process.
Answer:
<u>Revenues</u>
January = $0
February $4,100 * 50% = $2,050
March $4,100 * 30% = $1,230
April $4,100 * 20% = $820
<u>Expenses</u>
January = $0
February $2,000 * 50% = $1,000
March $2,000 * 30% = $600
April $2,000 * 20% = $400
<u>Operating Income
</u>
January = $0
February $2,050 - 1,000 = $1,050
March $1,230 - $600 = $630
April $820 - $400 = $420
Answer:
Determining that smartphone apps and social media aps are important parts of a bank's future plans to reach young consumers. ⇒ <u>New Product Strategy.</u>
Tweeting out the availability of a new smartphone app that helps young professionals manage their financial lives better. ⇒ <u>Product launch.</u>
Inviting younger "fans" of the bank's social media sites to have a free trial of the new smartphone app. ⇒ <u>Test marketing. </u>
Having a Faceb-ook discussion with consumers on what they would ideally like to have from a bank smartphone app. ⇒<u> Idea generation.</u>
Creating a prototype of the smartphone app. ⇒<u> Product development. </u>
<u></u>
Using Tw-itter to ask followers what they are willing to pay for smartphone apps. ⇒ <u>Business analysis. </u>
Developing a social media site that allows college students to review and provide feedback on new product ideas. ⇒<u> Idea screening. </u>
Answer:
b.$77
Explanation:
beginning inventory 5 units
purchase september 4th 8 untis
sale for 6 units:
<u>inventory after first sale: (available at second sale)</u>
beginning used.
purchase september 4th 7 untis at $6
September 25th Sale of 12 units
<u>inventory used for second sale:</u>
September 4th 7 untis at $6
September 15th 5 units at $7
total COGS for the sale: $77
Answer:
<em>Pay </em><em>the </em><em>balance</em><em> </em><em>in </em><em>full </em><em>at </em><em>the </em><em>end </em><em>of </em><em>the </em><em>month</em><em> </em><em>and </em><em>no </em><em>interest</em><em> </em><em>is </em><em>charged.</em><em> </em>