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Reil [10]
3 years ago
9

During 2018, the balboa software company incurred development costs of $2,000,000 related to a new software project. of this amo

unt, $400,000 was incurred after technological feasibility was achieved. the project was completed in the middle of the year and the product was available for release to customers on july 1. year 2018 revenues from the sale of the new software were $500,000 and the company anticipated future additional revenues of $4,500,000. the economic life of the software is estimated at four years. year 2018 amortization of software development costs should be:
Business
1 answer:
riadik2000 [5.3K]3 years ago
6 0
5000000 totally cost
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Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator
babymother [125]

This illustrates that a moving <span>inflation is directly related to the increasing costs of transactions. The situation perfectly implies that costs will be incurred to ensure efficient and effective flow of processes. This theory also applies to all business strategies of companies.</span>

6 0
3 years ago
China had a $214 billion overall current account surplus in 2012. Assuming that China’s net debt forgiveness was zero in 2012 (i
Pie

Answer:

The correct asnwer is $-214 billion.

Explanation:

A surplus occurs when an account exceeds the credit after having paid all its debts and obligations.

As the example says, assuming that China’s net debt forgiveness was zero in 2012, then the net balance of China's financial account balance would be -214 billion.

This means that China would be facing a deficit.

A defit means that more money comes out of our company's account than it enters.

Which causes China to have a<u> negative balance account.</u>

4 0
2 years ago
On June​ 1, Addison Company purchased $ 10,000 of inventory on account from Garrison Company. Garrison offers a 4​% discount if
IRINA_888 [86]

Answer:

c. a debit to Inventory for $10,000

Explanation:

Whenever goods are purchased on a discount to be received on payment basis, the inventory is first recorded at cost.

Also as per the general rule, discount is a kind of income, and incomes are recorded only when earned, therefore, the cost of inventory shall be reduced by 4% only when the payment is made, therefore the inventory on the date of purchase shall be recorded at $10,000 only and not for $9,600.

Thus, correct option is c

4 0
2 years ago
In mary poppins, what animal was on the end of mary poppins' umbrella that spoke?
galina1969 [7]
Pretty sure it was a parrot.
5 0
3 years ago
​Lisa's credit card balance this month is​ $969.16. Her APR​ (annual percentage​ rate) is 15.24​ %. The minimum payment due is​
8090 [49]

Answer:

It will take 50 months to complete the payment on his entire balance

Explanation:

We have to solve for n in an annuity:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C  $20.00  

time n

rate (0.1524 / 12 months per year) 0.00127

PV $969.1600  

20 \times \frac{1-(1+0.00127)^{-n} }{0.00127} = 969.16\\  

(1+0.00127)^{-n}= 1-\frac{969.16\times0.00127}{20}  

(1+0.00127)^{-n}= 0.93845834&#10;

Now, we use logarithmics properties to get the answer:

[tex]-n= \frac{log0.93845834}{log(1+0.00127)  

n = 50.044991

8 0
3 years ago
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