Answer: a. The patent is an intangible so it is amortized for cost recovery
Explanation:
Just as Depreciation exists for the wearing and tearing of tangible Assets, so does AMORTIZATION exist for Intangible Assets like goodwill, patents, licenses, copyrights and logos.
It follows essentially the same process as Depreciation and the useful life estimation is usually discretionary because some Intangible Assets can give benefits forever such as logos.
Generally though, only Intangible Assets with estimable useful lives are amortized such as Patents and Trademarks.
Answer:
Product advertising
Explanation:
The accessories Gail's Gears is promoting are products.
Product advertising is a type of advertising that promotes the uses, features, and benefits of products. It focuses on selling a product or service.
Picture relating to the question is attached below :
Answer:
Esmerelda did not use the recipro al of the Divisor.
Esmerelda added the numerator
Esmerelda added the denominator
Explanation:
Esmerelda's work:
-5 1/4 ÷ 3/2= -21/4 ÷3/2 = (-21/4)(3/2) = -24/6 = - 4
Esmerelda's errors:
When changing the quotient sign to multiplication ; the reciprocal of the denominator should be used to divide the numerator :
Hence,
-21/4 ÷3/2 = (-21/4)(3/2) (wrong expression)
-21/4 ÷3/2 = (-21/4)(2/3) (correct expression)
Also,
(-21/4)(3/2) = -24/6 ( wrong simplification)
The bracket symbol indicates multiplication. Hence, the values should be multiplied. The two Numerator values and the two denominator values.