Broadway corporation was granted a patent on a product on january 1, 2007. to protect its patent, the corporation purchased on january 1, 2018 a patent on a competing product which was originally issued on january 10, 2014. because of its unique plant, broadway corporation does not feel the competing patent can be used in producing the product. the cost of the competing patent should be

(a) amortized over a maximum period of 20 years.
(b) amortized over a maximum period of 16 years.
(c) amortized over a maximum period of 9 years.
(d) expensed in 2018.

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $