Answer:
Dr amortization expense $14,500
Cr Copyright asset $14,500
Dr amortization expense $6,250
Cr Patent asset $6,250
Explanation:
First of all,a goodwill with an indefinite life is not depreciable,hence no adjusting journal entries would be prepared in respect of the goodwill.
However,the copyright would be amortized using the lower of useful life of 6 years and legal life of 30 years,the amortization expense for the year is shown below:
amortization charge=$87,000/6 years=$14,500
The patent is to amortized in the way as the as the copyright the lower of useful life and legal life.
amortization charge=$30,000/4 years*10/12=$6250
The patent was only used for 10 months in the year
<span>Under Georgia Code, Title 40-9-1, a person who has an unsatisfied judgment against them will have their driver's license suspended indefinitely unless the financial obligations are paid and the judgment is satisfied by the court.</span>
Answer:
Explanation:
ere calculated to provide the lessor a 9% return. Nine annual lease payments of $29,000 are due each July 1, beginning July 1, 2021.
Required:
Answer:
338
Explanation:
Break even point = F/ P - V
F = fixed cost
P = price
V = variable cost
Change in fixed cost = $130,000 × 1.17 = $152,100
Change in variable cost = $375.00 × 0.80 = $300
$152,100 / $750.00 - $300 = $152,100 / $450 = 338
I hope my answer helps you
Answer and Explanation:
Since in the question it is mentioned that the dells reacts more quickly and sustainable with the price, design of the product, etc as compared with the apple computer
It is because of that the apple is the less subsitute for dell also the dell Hp and gateway all make the windows machines
Therefore it reacts more quickly
hence, the same is relevant
