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Elza [17]
3 years ago
7

Granite Enterprises acquired a patent from Southern Research Corporation on January 1, 2021, for $4.1 million. The patent will b

e used for five years, even though its legal life is 20 years. Rocky Corporation has made a commitment to purchase the patent from Granite for $180,000 at the end of five years. Compute Granite's patent amortization for 2021, assuming the straight-line method is used.
Business
1 answer:
Artemon [7]3 years ago
7 0

Answer:

the patent amortization expense for the year 2021 is $231,000

Explanation:

The computation of the patent amortization is shown below:

= (Acquired value of the patent - ending value) ÷ legal life

= ($4,800,000 - $180,000) ÷ 20 years

= $231,000

We simply applied the above formula so that the correct value could come

Hence, the patent amortization expense for the year 2021 is $231,000

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Which of the following is an example of a content management system (CMS)?
Grace [21]

Some examples of a content management system (CMS) are:

  • WordPress,
  • Joomla,
  • Drupal,  
  • Wix,
  • Ghost.

<h3>What is content management system?</h3>

This refers to the software that helps users create, manage, and modify content on a website without having to code.

Hence, we can see that Some examples of a content management system (CMS) are:

  • WordPress,
  • Joomla,
  • Drupal,  
  • Wix,
  • Ghost.

Read more about content management system here:

brainly.com/question/15077884

#SPJ1

4 0
2 years ago
Suppose nominal GDP was $360 billion in 1990 and $450 billion in 2000. The appropriate price index (1985 = 100) was 120 in 1990
Andreas93 [3]

Answer:

Real GDP increased by 20% between 1990 and 2000

Explanation:

Real GDP (RGDP) = (Nominal GDP (NGDP) / Price level) x 100

RGDP, 1990 ($ Billion) = (360 / 120) x 100 = 300

RGDP, 2000 ($ Billion) = (450 / 125) x 100 = 360

Therefore, between 1990 and 2000, Real GDP

= (360 / 300) - 1

= 1.2 - 1

= 0.2

= 20%

Thus, the Real GDP increased by 20% between 1990 and 2000

5 0
3 years ago
You have spent weeks designing the project, gathering data and analyzing it. Now it is time to present your findings to senior e
Andrew [12]

Answer:

After spending weeks on a project, gathering data, followed by an analysis, when you are going to present your findings to the senior executes, In the very beginning of your report, in the executive summary, you can present and manifest and guide them about all the information, what they should know in making a decision

Explanation:

After spending weeks on a project, gathering data, followed by an analysis, when you are going to present your findings to the senior executes, you will have following 5 different course of actions;

Option 1: You can give them whole details through which you can have gone, meanwhile your discussion with the senior executives.

Option 2: Summary of the report in form of data tables can be provided without any recommendation and course of action suggested.

Option 3: You can also mention the information regarding the respondents of the research, if executives want to have follow-up and want to know to whom you have got your questionnaires filled up.

Option 4: In the very beginning, in the executive summary of the report, you can present and manifest and guide them about all the information, what they should know in making a decision

Option 5: You main focus could be primarily on the statistical analysis in your presentation, followed by the main recommendations at the end.

BEST POSSIBLE OPTION: As the senior executives are having very less time, therefore, it would be best for you present them with the information in the very beginning in the executive summary, in addition, all the information which they can consider to make a decision.

To recapitulate, keep the information needed to be considered for taking an action or decision, in your executive summary, in a best possible simple and short way.

5 0
4 years ago
To assist your client in mitigating risk, while accepting a reasonable level of risk, what would you advise your client to do? (
Verizon [17]

Answer:

c. Wait to act until all information is known

Explanation:

  • Risk management or mitigation is the identification and the evaluation and prioritizing if the uncertainty that is followed by the minimize monitor and control the impacts or maximize the relational of opportunities. The best method is to obtain full information and avoid the impacts of the risk.
7 0
3 years ago
The us economy is a free enterprise system. True? Or False
Gnesinka [82]

Answer: true. Trust me u took the test

5 0
4 years ago
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