Albritton Inc bought a patent for $900,000 on January 2, 2010, at which time the patent had an estimated useful life of ten years. On February 2, 2014, it was determined that the patent's useful life would expire at the end of 2016 . How much would Albritton record as amortization expense for this patent for the year ending December 31 . 2014?
a. $200,000
b. $180,000
c. $110,000
d. $90,000
B
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Wordy phrases are phrases that use too many words to ___________________
a. create action b. elicit a response c. express an idea d. ask a question
________ are high level, often strategic decisions regarding which products or services will be provided internally and which will be provided by external supply chain members
Fill in the blank with the appropriate word.
XYZ is a paint product manufacturer, and one of the plants is experiencing a substantial increase in demand. The future demand for the products could be low, medium, or high, with probabilities estimated to be 25%, 50%, and 30%, respectively. The company wants to determine the financial impact associated with the three decision alternatives under the varying levels of demand. Given the following payoff matrix, determine which option has the lowest expected regret. The company should ______.
A. subcontract additional facility
B. build a new plant
C. do nothing
D. choose a new alternative
Salt, bricks, and paper clips are three examples of tangible dominant products.
Answer the following statement true (T) or false (F)