Answer:
The amount Lava should charge against income during year 4 is $63,000.
Explanation:
Since amortization is assumed to be recorded at the end of each year, this can be calculated as follows:
Annual amortization expense = Cost of the patent / Patent's estimated useful life = $90,000 / 10 = $9,000
Amortization expense recorded prior to year 4 = Annual amortization expense * 3 years = $9,000 * 3 = $27,000
Unamortized cost of patent charge against income during year 4 = Cost of the patent - Amortization expense recorded prior to year 4 = $90,000 - $27,000 = $63,000
Therefore, the amount Lava should charge against income during year 4 is $63,000.
Answer:
Setting goals helps with knowing what to focus on and what to do at work
This helps the employee do better at work because they know exactly what they are going for
Explanation:
Just write a bunch of things about the things I said above like try to go into more detail about them I tried helping but I don’t think I can write 200 words worth of explanation on here
Employee Benefit refers to the division of a company's profits among its workers.
Employee perks, also known as fringe benefits, perquisites, or perks, refer to various forms of non-wage remuneration given to employees in addition to their regular earnings or salaries. Employee perks, particularly in British English, also refer to rewards in kind.
Salary packaging or salary exchange arrangements are situations where an employee trades in (cash) compensation for another type of perk. The majority of employee benefits are at least partially taxable in most nations. Housing (provided by the employer or paid for by the employer), furnished or not, with or without utilities free, group insurance (health, dental, life, etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, and paid vacation are some examples of these benefits.
Learn more about Employee Benefit here.
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The correct answer is DEPRECIATION.
Depreciation is defined as the incremental cost of wear and tear on an asset.
Depreciation is an accounting concept that allows a business or individual to allocate the cost of a capital item over the useful life of the item.
Answer:
2.20%
Explanation:
Data provided:
Company issued floating-rate note with a coupon rate equal to the three-month Libor 65 basis points
On 31 March three-month Libor = 1.55%
On 30 June three-month Libor = 1.35%
Now,
The coupon rate for the interest payment made on 30 June will be calculated as
= 1.55% + 0.65
= 2.20%
Hence, the correct option is 2.20%
