Jerry, the manager of a small printing company, needs to replace a worn out copy machine. he is considering two machines; each has a monthly lease cost and a cost per page that is copied: • machine 1 has a $422 monthly lease with a 2.1 cent per page cost up to 250 pages, and then 1.4 cent per page after the 1st 250 pages. • machine 2 has a $566 monthly lease with a 1.6 cent per page cost up to 250 pages, and then 0.9 cent per page after the 1st 250 pages. jerry knows the break-even point is more than 250 pages for each machine. determine the break-even point (per month) in terms of the number of copies for each machine if jerry charges customers 5.0 cents per copy. based on this, which machine do you recommend?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.