Price company from time to time embarks on a research program when a special project seems to offer possibilities. in 2016, the company expends $325,000 on a research project, but by the end of 2016 it is impossible to determine whether any benefit will be derived from it. the project is completed in 2017, and a successful patent is obtained. the r& d costs to complete the project are $110,000. the administrative and legal expenses incurred in obtaining patent number 472-1001-84 in 2017 total $16,000. the patent has an expected useful life of 5 years. record these costs in journal entry form. also, record patent amortization (full year) in 2017.

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply

In germany, wal-mart has been required to buy existing retailers rather than open brand-new stores. what does this illustrate