Mardaloop Inc

question 19

Multiple Choice

Mardaloop Inc.is developing a new process which it plans to sell.During 2016, 2017, the company had capitalized $1.5 million and $0.3 million respectively.An additional $0.4 million was spent in 2018.During 2018 it became apparent that, due to a lack of financial resources, the company would not be able to complete the project.
The total amount of capitalized costs relating to this project at the end of 2018 is

• A)nil.
• B)$1.8 million.
• C)$2.2 million.
• D)$1.5 million.

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Definitions:

Transitive Ordering

A principle in decision-making that if option A is preferred over B, and B is preferred over C, then A is preferred over C.

Willingness To Pay

The maximum amount of money a consumer is prepared to spend to obtain a good or service.

Communications Network

A system of interconnected devices or nodes that can communicate with each other to exchange data and information.

Consumer Type

A classification of individuals based on their consumption patterns, preferences, or demographic characteristics.