Answer:
$400,000
Explanation:
Data provided in the question:
Development cost incurred = $2,000,000
Amount incurred after the technological feasibility was achieved = $400,000
Now,
The Software development costs that would be capitalized in 20X1
= Cost incurred after achievement of technological feasibility
= $400,000
Answer:
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Explanation:
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Answer:
The Average Collection period is 92 days.
Explanation:
Average collection period is the average number of days between the number of credit sales and the day when the cash is received. It means how many days it will take received cash from the credit sales on average.
Credit Sales = $2,736,000
Account Receivable = $699,200
Average collection period = ( Account receivable / Credit sales ) x 360
Average collection period = ( $699,200 / $2,736,000 ) x 360
Average collection period = 92 days
Answer:
The correct answer is A
Explanation:
Central planning is the planning where the centralized, large and the powerful government evaluates or determines the goals, strategy and the resource distribution and the economy or the society development. It is opposite of the capitalism and the free market.
Under the central planning, the problem of coordination, is the incentive problem, within the communist central planning states the idea which the entrepreneurs, workers and the managers could not gain personally through responding the surpluses or shortages or through improved as well as new products.
Therefore, the quotation is identifies as the coordination problem.
Answer:
$1696.51
Explanation:
70% of $130 000 = $91 000; number of payments = 12 * 5 years = 60 months
; 4.5% is converted to 4.5/1200 to accommodate the monthly repayments being calculated.
Loan monthly repayment
= principal [ interest (1+ interest)^ number of payments] / [(1+interest)^number of payments - 1]
$91 000 [(4.5/1200* (1+ 4.5/1200)^ 60)] / [((1+4.5/1200)^60) - 1]
= 1696.514751
= 1696.51
