ABC Corporation incurred $750,000 of research and development costs to develop a product for which a patent was granted on January 22018. Legal fees and other costs associated with registration of the parent totaled $150,000 At that time the patent was determined to have a useful life of 10 years. On January 1, 2020, ABC successfully defended the patent for cost of $120,000. At that date, the patent was determined to have a remaining useful life of 5 years. What amount of amortization expense would ABC record in 2020?

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld