The Family company was expanding as a result they engaged in the following activities beginning in 2014.
a.Paid $30,000 to the Major League Ballpark to have the Family name displayed on the billboard for three years.
b.Purchased a franchise for $20,000 to operate trolley services around the city for tourists. The trolley service is expected to be decommissioned in 4 years due to the maintenance costs, there is hope that it will remain in service.
c.Purchased a patent for $45,000 the patent was originally filed in 2009.
d.The owner of the patent was a well known inventor and author who sold Family the rights to his novel in exchange for 5,000 shares of stock. The stock has a $5 par value and is currently selling for $25 per share. The novel is expected to sell 1,000,000 copies in the next 2 years.

Question

The Family company was expanding as a result they engaged in the following activities beginning in 2014.
a.Paid $30,000 to the Major League Ballpark to have the Family name displayed on the billboard for three years.
b.Purchased a franchise for $20,000 to operate trolley services around the city for tourists. The trolley service is expected to be decommissioned in 4 years due to the maintenance costs, there is hope that it will remain in service.
c.Purchased a patent for $45,000 the patent was originally filed in 2009. 
d.The owner of the patent was a well known inventor and author who sold Family the rights to his novel in exchange for 5,000 shares of stock. The stock has a $5 par value and is currently selling for $25 per share. The novel is expected to sell 1,000,000 copies in the next 2 years.

Quizplus · Accepted Answer

The Answer of The Family company was expanding as a result they engaged in the following activities beginning in 2014.
a.Paid $30,000 to the Major League Ballpark to have the Family name displayed on the billboard for three years.
b.Purchased a franchise for $20,000 to operate trolley services around the city for tourists. The trolley service is expected to be decommissioned in 4 years due to the maintenance costs, there is hope that it will remain in service.
c.Purchased a patent for $45,000 the patent was originally filed in 2009. 
d.The owner of the patent was a well known inventor and author who sold Family the rights to his novel in exchange for 5,000 shares of stock. The stock has a $5 par value and is currently selling for $25 per share. The novel is expected to sell 1,000,000 copies in the next 2 years.

The Family Company Was Expanding as a Result They Engaged