Business, 06.12.2021 23:10 colochaortiz20p7cajw
Nieland Industries had one patent recorded on its books as of January 1, 2020. Additional information concerning this patent follows. Book value, January 1, 2020 $288,000 Remaining useful life 8 years During 2020, Nieland incurred research and development costs and brought a patent infringement suit against a competitor. On December 1, 2020, Nieland received the good news that its patent was valid and that its competitor could not use the process Nieland had patented. Cost information concerning these items follows:
Research and development costs $96,000
Patent infringement defense costs 85,000
At what amount should patent(s) be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents?
Answers: 3
Business, 22.06.2019 00:10
Which of the following is a problem for the production of public goods?
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Business, 22.06.2019 04:00
Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic
Answers: 2
Nieland Industries had one patent recorded on its books as of January 1, 2020. Additional informatio...
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