Business, 11.02.2020 21:01 koolgurl2003
Presented below is information related to copyrights owned by Wamser Corporation at December 31, 2017.
Cost $6,000,000Carrying amount 5,200,000Expected future net cash flows 4,700,000Fair value 3,200,000Assume Wamser will continue to use this asset in the future. As of December 31, 2017, the copyrights have a remaining useful life of 5 years. Instructions(a) Prepare the journal entry (if any) to record the impairment of the asset at December 31, 2017.(b) Prepare the journal entry to record amortization expense for 2018.(c) The fair value of the copyright at December 31, 2018 is $2,500,000. Prepare the journal entry (if any) necessary to record this increase in fair value.
Answers: 2
Business, 21.06.2019 16:50
The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity
Answers: 3
Business, 22.06.2019 14:30
What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695
Answers: 2
Business, 22.06.2019 20:20
Which statement is not true about a peptide bond? which statement is not true about a peptide bond? the peptide bond has partial double-bond character. the carbonyl oxygen and the amide hydrogen are most often in a trans configuration with respect to one another. rotation is restricted about the peptide bond. the peptide bond is longer than the typical carbon-nitrogen bond.
Answers: 2
Business, 23.06.2019 08:00
Wyman corporation uses a process costing system. the company manufactured certain goods at a cost of $920 and sold them on credit to percy corporation for $1,315. the complete journal entry to be made by wyman at the time of this sale is:
Answers: 1
Presented below is information related to copyrights owned by Wamser Corporation at December 31, 201...
English, 07.05.2021 20:20
Mathematics, 07.05.2021 20:20
Mathematics, 07.05.2021 20:20
Mathematics, 07.05.2021 20:20
History, 07.05.2021 20:20
Mathematics, 07.05.2021 20:20
Mathematics, 07.05.2021 20:20
Mathematics, 07.05.2021 20:20
Biology, 07.05.2021 20:20
Mathematics, 07.05.2021 20:20