Hit and Miss, Inc purchased a patent at the beginning of 2011 for $250,000. Economic benefits were expected for 10 years, but the patent's legal life was 20 years. Also during 2011, the company incurred research and development costs of $270,000. Patent amortization expense for 2011 is:
A) $12,500
B) $26,000
C) $52,000
D) $25,000
D
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An advantage of a centralized management structure to a retail chain is _____
a. better training opportunities for branch personnel b. more autonomy to each branch manager c. more uniform store image d. better ability to adapt to individual markets
Video Products Company operates a DVD manufacturing plant on Wandering River. Discharging pollutants from the plant into the river can result in
A. civil penalties and criminal penalties. B. civil penalties only. C. criminal penalties only. D. no penalties.
An annuity with an infinite life is called a(n) ________
A) perpetuity B) primia C) option D) deep discount
A recent survey collected data from 1000 randomly selected Internet users. The characteristics of the users include their gender, age, education, marital status, and annual income. Using Excel®, the following pivot tables are produced.
?
Approximate the percentage of these internet users who are women in the 30-43 age group.
What will be an ideal response?