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Business, 05.05.2020 23:25 roserose3098

In 2018, due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round dice. The cumulative patent amortization prior to 2018 would have been $26 million higher had the new life been used. Barney's tax rate is 30%. Barney's retained earnings as of December 31, 2018, would be (Round million answer to 2 decimal places.):

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In 2018, due to a change in marketing forecasts, Barney Corporation reduced the projected life of it...
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