Answer: Copyright 1 - $0
Copyright 2 - $30000
Explanation:
Copyright 1 shouldn't be reported on the balance sheet. This is because the cost with regards to internally developed copyright will have to be expensed. Therefore, copyrights 1 on the balance sheet will be $0.
Copyright 2 will be reported on the balance sheet with a value of $30000. The copyright's cost of acquisition will have to be capitalized.
Answer: Option (b) is correct.
Explanation:
Real GDP is totally based on the base year price level. This means that base year price level remains the same over all the periods. Therefore, Real GDP is generally not affected by the changes occur in the price level. Hence, it only includes the changes in output.
Nominal GDP takes into account the effect of changes in the price level. Therefore, it is affected by the changes in the price level and it is also measured in current U.S dollars. Hence, it doesn't show the true value of the goods and services produced in a given year.
Answer:YTM = [Interest + (face value -price) / years to maturity ] / [(face value +price)/2] = [90 + (1000 - 1130.35 )/ 18 ] /[(1000 + 1130.35)/2] = [90 + (-130.35 / 18) ] /[2130.35/2] = [90 - 7.242 ] / 1065.175 = 82.758 / 1065.175 = .0777 or 7.77% YTC = [90 + (1060 - 1130.35 )/ 8] /[(1060+1130.35)/2] = [90 +...
Explanation:The best estimate for the remaining term is 18 years (because the company would not call the bonds).
The coupon rate to issue a bond at par is 8.88% (the current yield to maturity).
Answer:
$8,000
Explanation:
Based on the information given we were told that the stock had a FAIR MARKET VALUE of the amount of $8,000 on the date it was given to Lee which therefore means that In Lee's income tax return, the amount of INCOME that should be reported in connection with the receipt of the stock will be the FAIR MARKET VALUE of the amount of $8,000.
Answer:
A financial management information system generates data that recipients find to be relevant to their decision-making and reporting processes.
