subject
Business, 20.06.2020 22:57 angiezavala61

For each of the following unrelated transactions, (1)Costs (it was not acquired) of $39,000 were incurred on January 1 to obtain a patent. On January 31, $38,610 was spent in legal costs to successfully defend the patent against competitors. The patent has an estimated legal life of 12 years. (2)A company acquired a copyright for $160,000. The copyright has a useful life of 50 years. Determine the amount of the amortization for the current year. (1)Amount of the amortization for the current year$ (2)Amount of the amortization for the current year $

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
question
Business, 22.06.2019 12:50
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?
Answers: 3
question
Business, 22.06.2019 22:20
What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations
Answers: 1
question
Business, 23.06.2019 05:50
Ineed the answer today! explain how inflation can be built into the system
Answers: 1
You know the right answer?
For each of the following unrelated transactions, (1)Costs (it was not acquired) of $39,000 were inc...
Questions
question
Mathematics, 16.01.2020 07:31
question
Mathematics, 16.01.2020 07:31
Questions on the website: 13722363