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mario62 [17]
1 year ago
15

Given the following account balances at year end, compute the total intangible assets on the balance sheet of Vaughn Enterprises

. Cash $1499000 Accounts Receivable 3998000 Trademarks 10009000 Goodwill 3010000 Research
Business
1 answer:
attashe74 [19]1 year ago
3 0

Total intangible assets are $13,019,000.

<h3><u>What are intangible assets?</u></h3>
  • An asset that is not physical in nature is said to be intangible.
  • Intangible assets include goodwill, brand awareness, and intellectual property like patents, trademarks, and copyrights. Contrasting with tangible assets like real estate, automobiles, machinery, and stock are intangible assets.
  • Financial assets like stocks and bonds are also regarded as tangible assets because they receive their value from contractual rights.

There are two types of intangible assets: definite and indefinite. Because it remains with a firm for as long as it is in business, a brand name is seen as an everlasting intangible asset. An agreement to legally use another company's patent without any plans to extend it is an example of a concrete intangible asset.

Total intangible assets = Trademark + Goodwill = $10,009,000 + $3,010,000 = $13,019,000.

Know more about intangible assets with the help of the given link:

brainly.com/question/13848560

#SPJ4

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Answer:

The answer is option (C) authority-compliance style.

Explanation:

The authority-compliance style In the context of the Blake/Mouton leadership grid describes when managers or bosses are overly concerned about the effectiveness with which their employees or subordinates get work done without regard for the well being of such employees.  

This kind of dictatorial management style is due to the fact that a manager or boss believes that the needs of his/her subordinates or employees are relatively unimportant when compared to achieving success or getting work effectively done.

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3 years ago
The VALS framework
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Answer:

The VALS framework examines the intersection of psychology, demographics, and lifestyles.

Explanation:

The VALS system (Values ​​and Lifestyles), arose from the need to explain the changes that American society presented in the 1960s. This classification, developed by the Stanford Research Institute, is based on the concept that people throughout their lives go through different stages, and each stage affects their attitudes, behavior and psychological needs. This system, related to purchasing behavior, establishes in general terms that people are grouped into three basic consumer orientations:

-Principle-oriented consumers. They buy taking into account "how the world should be".

-Consumers oriented by status; They base their purchases on the opinions and attitudes of other people.

-Action oriented consumers; These consumers base their purchase decisions on the activity, variety and risk.

In turn, each of these groups acquires other dimensions based on the level of income, health, education and self-confidence.

8 0
3 years ago
The records relating to the defined benefit pension plan of Broad Company include a $44 million service cost, a $50 million inte
NeX [460]

Answer:

The amount of pension expense reported by the company is $68 Million

Explanation:

the particulars of pension expense that will recognized and reported by the company.

Service Cost                                                       $44 Million

Add: Interest Cost                                              <u>$50 Million</u>

Total Cost                                                           $94 Million

Less: Expected Return on Plant Asset           <u>  $31 Million</u>

                                                                           $63 Million

Add: Amortization of a prior service cost        <u>$05 Million</u>

Pension expense reported by the company  $68 Million

Thus, the Pension expense reported by the company is $68 Million

4 0
3 years ago
When the government policy is to regulate the quantity of a good that can be bought and sold rather than the price at which it i
steposvetlana [31]

Answer:

Quota

Explanation:

Government uses various methods to intervene in markets.

Price regulation or price control is done through various tools like - Price Ceiling & Price Floor. Price Ceiling & Price Floor are maximum & minimum mandated prices by government respectively.

However, Price regulation tools have an indirect impact on Market Quantities, so government may also use direct quantity regulative tools. Quota is a quantitative restriction, specifying maximum limit of good that can be sold, exported or imported. Eg :  Quotas are used as maximum import limits in international markets , as a non tariff (non tax barrier)

8 0
4 years ago
Dennisport Corporation has an acid-test ratio of 1.7. It has current liabilities of $56,000 and noncurrent assets of $87,000. Th
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Answer: $33600

Explanation:

Current liabilities = $56,000

Noncurrent assets = $87,000

First and foremost, we should note that:

Acid-test ratio = Current Assets / Current liabilities

Therefore,

1.7 = Current Assets / $56,000

Current assets = $56000 × 1.7

= $95,200

Also,

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2.3 = Current Assets / $56,000

Current assets = $56,000 × 2.3

= $128,800

Then, the inventory and prepaid expenses will be:

= $128,800 - $95,200

= $33,600

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