On january 1, 2021, weaver corporation purchased a patent for $237,000. the remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years. in january 2023, the company incurred legal fees of $57,000 in successfully defending a patent infringement suit. the successful defense did not change the company’s estimate of useful life. weaver corporation’s year-end is december 31. required: 1. record the purchase in 2021; amortization in 2021; amortization in 2022; legal fees in 2023; and amortization in 2023.

Afirm produces a product in a competitive industry and has a total cost function (tc) of tc(q) = 60 + 10q + 2q2 and a marginal cost function (mc) of mc(q) = 10 + 4q. at the given market price (p) of $20, the firm is producing 5.00 units of output. is the firm maximizing profit? no what quantity of output should the firm produce in the long run? the firm should produce unit s) of output. (enter your response as an integer.)

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.