Answer:
$560,000
Explanation:
We can only amortize the $1,400,000 that the company spent after technological feasibility was reached. Research and development costs prior to June 30th must be treated as expenses.
Since the software s expected to generate $10 million during its lifetime, we can amortize 1/10th of the software development cost for each million sold:
($1,400,000 / 10) x 4 = $560,000
Answer:
Option "D" is the correct answer to the following question.
Explanation:
A corporation's physical resources describe as all the measurable and material resources a company holds and uses, including land, production equipment, and electrical equipment and all tangible goods, buildings, furniture, land all include in physical resources.
In the following case, the new distribution facility is a physical resource for Amazon.
