Maxtor Technology incurred the following costs during the year related to the creation of a new type of personal computer monitor: Salaries $ 280,000 Depreciation on R&D facilities and equipment 155,000 Utilities and other direct costs incurred for the R&D facilities 72,000 Patent filing and related legal costs 28,000 Payment to another company for performing a portion of the development work 150,000 Costs of adapting the new monitor for the specific needs of a customer 86,000 What amount should Maxtor report as research and development expense in its income statement?

$657,000

Explanation:

The computation of the research and development expense reported is shown below:

Salaries$280,000

Depreciation R&Dfacilities and equipment $155,000

Utilities and other direct costs$72,000

Payment to another company$150,000

Total R & D expense$657,000

All other items which are not taken in the computation part is irrelevant. Hence ignored it

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; yield to maturity;