Business, 19.11.2019 06:31 kailibug2287
On january 1, 2017, springsteen corp. acquires a customer list for $400,000. springsteen estimates that this customer list will generate value for at least 5 years. at the end of 3 years, springsteen plans to sell the customer list to another company for $62,500. on springsteen's income statement for the year ended december 31, 2017, how much amortization expense would it report? (a)$67,500.(b)$133,333.(c)$80,000.( d)$112,500.
Answers: 2
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On january 1, 2017, springsteen corp. acquires a customer list for $400,000. springsteen estimates t...
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