Answer:
The total amount that will be debited to the patents account on July 31, 2017 will be $35,000.
Explanation:
The amount of $150,000 will not be included in the patents account because this patent was developed by the Martha beyerlein company not purchased from any other firm , so the cost incurred here will be debited to the research and development account. And only the $35,000 that was paid for legal fees will be debited to the patents account.
Answer:
54.48%
Explanation:
The computation of the weight of equity is given below;
But before that we need to do the following calculations
Total Equity
= 3 million shares × $30
= $90 million
The Value of Debt,
Total Debt = 80,000 (1,000)(0.94)
= $75.2 million
Now the weight of equity is
= $90 million ÷ ($90 million + $75.2 million)
= 54.48%
This is a little hard to read but:
Youth savings - schools often sponsor it
Stock-indexed - rate rises and falls with the market
Credit Union - members own it
Online Account - minimal overhead means higher interest
Answer:
cash used for investing activites -12,000
Explanation:
proceed from equipment 76,000
Land acquisition -28,000
disbursement on equipment -60,000
<u>cash used for investing activites</u><u> -12,000</u>
The dividends and stock transaction are part of the financing activites.
The proceed from sales and payment to providor are operating activities
So both of this should be ignore if we are asked for the investing activities.
