Question #49607
Are patents a cost or an asset?
1
Expert's answer
2014-12-08T10:03:20-0500
Patents are assets, because when they are sold - company could receive royalties, thus patents generate profit, also amortization of patents could be part of prices. If we are buying patents and pay royalties then it is cost

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Learn more about our help with Assignments: Economics of Enterprise

Comments

No comments. Be the first!
Our fields of expertise
Submit Your Assignment. We Can Do It.
LATEST TUTORIALS
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Canada #339914 on Dec 2023