Very early in 2018, while developing software for sale to others, after achieving technological feasibility but before the commencement of commercial production, x company incurred $320,000 to produce product masters and to test the software. x company estimated that the software will be sold for a total of 10 years. after nearly a full year of selling, x had revenues from software sales of $120,000 in 2018. sales in future periods are expected to amount to $680,000. costs associated with producing and packaging the software approximate 10% of revenues. what portion, if any, of the $320,000 will be recognized in income in 2018?
a. $48,000
b. $32,000
c. $0
d. $320,000

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is