Answer:
Option (c) is correct.
Explanation:
Intangible assets refers to the assets which we cannot see and touch.
Goodwill = $4,500,000
Trademarks = $1,000,000
Hence, the total intangible assets on the balance sheet of Anisha Enterprises is as follows:
= Trademarks + Goodwill
= $1,000,000 + $4,500,000
= $5,500,000
Therefore, the total intangible assets is $5,500,000.
Answer:
E) evaluating all members of the value chain
Explanation:
A value chain is used to describe all the business activities it takes to create a product from start to finish (design, production, distribution).
And a value chain analysis gives businesses a visual model of these activities.
Answer:
E. They will receive several tax deductions
Explanation:
Certain "reasonable and necessary" adoption related expenses are quantifiable for tax deductions, such as:
- Court costs
- Attorney's fees
- Traveling expenses related to the adoption
- Certain other costs directly related to the adoption process
Answer:
9.70 times
Explanation:
The formula and the calculation of the times interest earned ratio is computed below:
Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)
where,
Earnings before interest and taxes = Net income after tax + interest expense + income tax expense
=$56,500 + $9,100 + $22,700
= $88,300
And, the interest expense is $9,100
Now place these values in the formula above,
so the ratio would be equal to
= $88,300 ÷ $9,100
= 9.70 times
