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Diego Has Developed a Software Program Idea That Will Help

question 26

Essay

Diego has developed a software program idea that will help students organize their study notes.The program will interface with online readers that highlight components of the book, allow the student to upload notes taken on a notebook or tablet, and will store relevant audio excerpts.All forms of notes can be tagged for categorization.Design a hypothesis that will determine interest in this product and discuss how the experiment might be carried out.


Definitions:

Straight-Line Method

A method of calculating the depreciation of an asset that allocates an equal amount of depreciation each year over the asset's useful life.

Book Value

The value of an asset as it appears on a company's balance sheet, calculated as the cost of the asset minus accumulated depreciation or impairment.

Consolidated Financial Statements

Financial statements that show the aggregate of a parent company and its subsidiaries, presenting the financial results and position as if the group were a single entity.

Cost Method

An accounting approach for investments, where the investment is recorded at cost and adjusted only for dividends received, impairments, and certain other limited circumstances.

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