Oksana Started a LLC on November 2 of the Current

question 38

Essay

Oksana started a LLC on November 2 of the current year. She incurred $36,000 of start-up costs. How much of the start-up costs can be immediately expensed for the year? How much amortization may Oksana deduct in the first year?

---

Definitions:

Marketing Planning Process

A systematic approach to identifying opportunities, defining objectives, and developing strategies and plans to market products or services successfully.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, often summarized as the four Ps: product, price, place, and promotion.

Evaluate Using a Matrix

A method of assessment involving the organization of factors or options in a grid to aid in decision-making and analysis.

Positioning Strategy

A marketing approach that aims to establish a brand or product in a specific niche or market segment, making it stand out from competitors.