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1. 2. Data table Moore Optical Corporation provides a full line of designer eyewear to consumers. Moore reported the following information for 2018 and 2017:
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Data table Moore Optical Corporation provides a full line of designer eyewear to consumers. Moore reported the following information for 2018 and 2017: (Click the icon to view the table.) Compute return on assets (ROA) for 2018 and 2017. Using the DuPont model, identify the components and state whether each improved or worsened from 2017 to 2018. Select the formula, then enter the amounts to compute ROA using the DuPont model for 2018 and 2017 . (Round component ratios to four decimal places. Enter your final answers as a percentage rounded to the nearest tenth of a percent, X.X\%.) Sweitzer Printers incurred external costs of $400,000 for a patent for a new laser printer. Although the patent gives legal protection for 20 years, it was expected to provide Sweitzer with a competitive advantage for only ten years due to expected technological advances in the industry. Sweitzer uses the straight-line method of amortization. (Click the icon to view additional information.) Read the requirements. Requirement 1. Make journal entries to record (a) the purchase of the patent and (b) amortization for year 1. (Record debits first, then credits. Exclude explanations from any journal entries.) Start by recording (a) the purchase of the patentStep by Step Solution
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