Answer:
Explanation:
The journal entries are shown below:
On January 1
Copyright A/c Dr $420,000
To Cash A/c $420,000
(Being copyright is purchased)
On December 31
Amortization A/c Dr $42,000
To Accumulated amortization A/c $42,000
(Being annual amortization is recorded)
The computation is shown below:
= Purchase value of copyright ÷ number of goods years
= $420,000 ÷ 10 years
= $42,000
Answer:
The correct answer is letter "B": is both a dollar amount rather than a percentage and uses a firm's weighted-average cost of capital.
Explanation:
The Economic Value Added metric helps the shareholders of a business to determine how their capital is performing against other potential investments using the <em>weighted-average cost of capital </em>for that purpose. It is also a useful calculation for companies to decide on the most economically valuable project to be pursued.
The economic value added is calculated by subtracting the opportunity cost of capital from the earnings of the company. <em>The result is given in dollar amounts.</em>
Hey how you doing lollipop you doing hope answer 20%
Answer: a. cash register tapes.
Explanation:
When you go to a shop and buy something at the till and the cashier prints a receipt and gives it to you, that paper is a cash register tape.
A cash register tape therefore shows the goods sold and the amount the goods were sold at. It is therefore not used as a method of control for cash disbursement which is cash going out of a business but rather for cash that is coming into the business.